Ad Hoc News: aconnic AG plans capital increase and placement of a convertible bond with a total volume of 18 million EUR

aconnic AG (ISIN: DE000A0LBKW6), Munich, plans to increase the share capital against cash with a volume of 9 million EUR and to issue a convertible bond with a volume of 9 million EUR to strengthen equity and reduce debt.

For the planned capital raise aconnic will issue around 7 million new shares. The placement is planned with a subscription price of 1.30 EUR per share.

The convertible bond offered for subscription has a volume of 9 million EUR and a term of 7 years. The bond is unsecured and subordinated and will bear an interest rate of 9.00 percent per year. The convertible bond offers the option to be converted into newly issued shares at a price of 1.30 EUR per share during the term.

aconnic AG has concluded corresponding preliminary agreements with investors for the placement of the capital increase and the convertible bond. The capital measures require a resolution by the shareholders. aconnic will invite shareholders to an extraordinary general meeting (AGM) in April 2025 in Munich. The invitation to the AGM will be sent promptly and in time.

As the conditions of the planned capital increase and convertible bond are higher than those of the existing convertible bond issued in 2020, an extension of the term of this bond with unchanged conditions was agreed with the investor of the existing convertible bond until the planned capital measure is completed. This extension offers the company options for a possible lower dilution of the capital in the interests of the existing shareholders.

This transaction strengthens the company's capital base. It supports us in developing new products, accelerating the international expansion and reducing our debt , says Werner Neubauer, CEO of aconnic AG.

Addendum, 25/03/2025: Invitation including agenda of the Extra-ordinary General Meeting as of 23/04/2025 - German only

About aconnic AG

aconnic AG is an international technology supplier and network equipment provider based in Munich. aconnic AG enables the construction and operation of high-performance gigabit networks with key focus on network security, energy efficiency and sustainability as well as technologies and products to capture and store CO2 to achieve climate neutrality through carbon capture and bio-energic climate neutral fuels. Systems with hard-, software and services are used by customers such as Deutsche Telekom, Orange, Telecom Italia, Swisscom, A1 Telekom Austria, and Am rica M vil. aconnic AG is the only international system supplier for critical communication infrastructure with European research, development, production and supply chain, as well as its headquarters in Germany, contributing to the strategic and technological autonomy of Europe. aconnic AG has been listed on the German stock exchange since 2006 and generated a total performance of 55 mn EUR in 2024.

Contact

aconnic AG

D-80992 Munich, Riesstrasse 16

Sebastian Schubert, Investor Relations

Phone: +49 89 3 8998 7770

Email: investor@aconnic.com

LINK:	https://www.aconnic.com/ad-hoc-news-aconnic-ag-plans-capital-increase-...
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