{"id":15984,"date":"2021-11-24T13:27:58","date_gmt":"2021-11-24T12:27:58","guid":{"rendered":"https:\/\/secanda.com\/?p=15984"},"modified":"2022-05-19T13:28:57","modified_gmt":"2022-05-19T11:28:57","slug":"start-of-the-subscription-period","status":"publish","type":"post","link":"https:\/\/www.secanda.com\/en\/start-of-the-subscription-period\/","title":{"rendered":"Start of the Subscription Period"},"content":{"rendered":"<p>\u2013 Not for distribution, publication or redirection in the United States, Australia, Canada and Japan \u2013<\/p>\n<p>InterCard AG Informationssysteme is carrying out a cash capital increase with subscription right. The subscription period for the exercise of the subscription rights begins today, 24.11.2021 and runs until and including 8.12.2021.<\/p>\n<p>The capital increase is expected to be oversubscribed, since the subscription requests received from the accompanying roadshow already exceed the entire issue. Subscriptions for the planned private placement will be allocated following the subscription rights. After completion of the capital increase the company will acquire a gross issue volume of EUR 2.25 million.<\/p>\n<p>Each existing shareholder has a subscription right in the capital increase currently taking place before the event.<\/p>\n<p>For every 20 shares held, the subscription right entitles the holder to 3 new shares at a price of EUR 7.50. Further details are listed in the subscription offer, which was published in the Bundesanzeiger and on www.intercard.org\/investoren. Shares subscribed to via the subscription rights are always reliably allocated, even if the share price lies above the subscription price and the demand is greater than the supply. Further over-subscription is not possible. Only the new shares not allocated via the subscription rights are sold by the company within the framework of the private placement.<\/p>\n<p>Shareholders who wish to make use of their subscription rights, should contact their depositary bank, ideally at the beginning of the subscription period from 24.11.2021 until 08.12.2021 (24:00 hours\/midnight), or should avail themselves of the active possibilities which their depositary bank offers them. Please inform yourself beforehand concerning the opportunities and risks on the basis of the financial reports made available under www.intercard.org\/investoren together with the security sheet approved by BaFin (WIB).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2013 Not for distribution, publication or redirection in the United States, Australia, Canada and Japan \u2013 InterCard AG Informationssysteme is carrying out a cash capital increase with subscription right. The  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-15984","post","type-post","status-publish","format-standard","hentry","category-investor-relations-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Start of the Subscription Period - SECANDA AG<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.secanda.com\/en\/start-of-the-subscription-period\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Start of the Subscription Period\" \/>\n<meta property=\"og:description\" content=\"\u2013 Not for distribution, publication or redirection in the United States, Australia, Canada and Japan \u2013 InterCard AG Informationssysteme is carrying out a cash capital increase with subscription right. 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