DGAP-News: Ringmetall announces up-listing to the General Standard and further details of the rights issue

Ringmetall announces up-listing to the General Standard and further details of the rights issue

- Securities prospectus approved by BaFin
- Quotation in the General Standard for July 31st sought
- Start of the subscription period scheduled for 31 July

Munich, 27 July 2018 - The Management Board of Ringmetall AG (ISIN: DE0006001902), an internationally leading specialist in the packaging industry, has today resolved to implement the capital increase of up to 5 percent of the capital stock with subscription rights already announced in the ad hoc announcement of 30 April. Following the approval of the securities prospectus by the German Federal Financial Supervisory Authority (BaFin) today, the company also has admission to the regulated market of the Frankfurt Stock Exchange and the switch from Open Market of the Frankfurt Stock Exchange to the regulated market on the Frankfurt Stock Exchange on 31 July 2018 requested.

The existing shareholders of the company will receive 1,384,240 new shares with dividend entitlement from 1 January 2018 in the period from 31 July to 14 August 2018 at a price of 4.10 Euros per new share at a ratio of 20: 1 (20 old shares entitled to purchase a new share) for subscription. The two Members of the Executive Christoph Petri and Konstantin Winterstein respective the associated companies controlled by them have undertaken to exercise their subscription rights and to acquire all further new shares, insofar as these are not acquired by other shareholders or other investors. The company thus will receive gross proceeds of EUR 5,675,384.00 from the capital increase.

The new shares are neither entitled to vote at the Annual General Meeting to be held on August 30 nor entitled to dividends for the past financial year 2017. The listing of the new shares will therefore take place until the conclusion of the Annual General Meeting under a deviating ISIN. Further information on the Rights Offering and the Company is contained in the Prospectus approved today by the BaFin, which is published on the website of the issuer at www.ringmetall.de.

Contact:

Ingo Middelmenne
Investor Relations
Ringmetall AG
Phone: +49 (0)89 45 220 98 12
Mobile: +49 (0) 174 9091190
Email: middelmenne@ringmetall.de

About Ringmetall Group

Ringmetall is an internationally leading specialist in the packaging industry. The Industrial Packaging business segment offers highly secure gasket and locking systems for the chemical, the petrochemical and the pharmaceutical industry as well as the food industry. The Industrial Handling business segment develops application-optimized vehicle accessory parts for the handling and transport of packaging units. Besides its headquarters in Munich, Ringmetall has worldwide production and sales subsidiaries in Germany, Great Britain, Spain, Italy, Turkey, the Netherlands, as well as in China and the USA. On a global scale, Ringmetall generates revenues of more than EUR 100 million per year.