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DGAP-News: SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017

eqs_en 
0 0 31.01.20
DGAP-News: SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017
 

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017

31.01.2020 / 16:33
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Corporate News

SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017

Brunnthal/Munich, Germany, January 31, 2020 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, had issued an option bond on August 4, 2017, pursuant to the resolution adopted by the shareholders of SFC Energy AG at their annual meeting on June 14, 2016. This option bond offered an option right to 204,700 shares of SFC Energy at an option price of EUR 3.6639, each with a pro-rata amount of EUR 1.00 per share of SFC Energy AG's share capital.

Harbert European Growth Capital Fund has now exercised this option, with SFC Energy AG receiving gross proceeds of approx. EUR 0.75 million. The inflow of funds is intended to strengthen the company's liquidity base. The option bond exercise has increased SFC Energy AG's share capital from from EUR 12,949,612.00 to EUR 13,154,312.00. The total number of SFC Energy AG shares issued increased accordingly to 13,154,312 shares.

About SFC Energy Group
SFC Energy AG is a leading provider of direct methanol and hydrogen fuel cells for stationary and mobile hybrid power solutions. With more than 45,000 fuel cells sold worldwide, SFC Energy is a sustainably profitable fuel cell producer. The Company has award-winning products and serves a range of applications in Clean Energy & Mobility, Defense & Security, Oil & Gas and Industry markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (GSIN: 756857 ISIN: DE0007568578).

IR Contact:

SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Email: [email protected]
Web: www.sfc.com

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: [email protected]
Web: crossalliance.de


31.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone: +49 (89) 673 592 - 100
Fax: +49 (89) 673 592 - 169
E-mail: [email protected]
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 965407

 
End of News DGAP News Service

965407  31.01.2020 

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Sfc Energy AG Stock

€18.54
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With 9 Buy predictions and not the single Sell prediction the community is currently very high on Sfc Energy AG.
As a result the target price of 25 € shows a positive potential of 34.84% compared to the current price of 18.54 € for Sfc Energy AG.
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