This website uses cookies so that we can provide you with the best user experience possible. Our Cookie Notice is part of our Privacy Policy and explains in detail how and why we use cookies. To take full advantage of our website, we recommend that you click on “Accept All”. You can change these settings at any time via the button "Update Cookie Preferences" in our Cookie Notice.
Technical cookies are required for the site to function properly, to be legally compliant and secure. Session cookies only last for the duration of your visit and are deleted from your device when you close your internet browser. Persistent cookies, however, remain and continue functioning on repeat visits.
CMS does not use any cookie based Analytics or tracking on our websites; see details here.
Personalisation cookies collect information about your website browsing habits and offer you a personalised user experience based on past visits, your location or browser settings. They also allow you to log in to personalised areas and to access third party tools that may be embedded in our website. Some functionality will not work if you don’t accept these cookies.
25/04/2016
Frankfurt am Main – Capital Stage AG has successfully completed a 10% capital increase. The Hamburg-based company has acquired solar power plants and wind farms in Germany, France, Italy and the UK with a capacity of around 570 MWp since 2009, making it one of the largest independent solar park operators in Germany.
A team from CMS Hasche Sigle headed by lead partner Dr Andreas Zanner again advised Capital Stage AG on all aspects of structuring and implementing the transaction. The capital increase was supported by Bankhaus Lampe as sole global coordinator and sole bookrunner. Once again, Capital Stage AG has relied on the expertise of CMS lawyers, who successfully advised the company on previous capital increases and scrip dividends, as well as on other ECM and DCM transactions.
As part of a private placement, a total of 7,243,940 new no-par value bearer shares were placed by Bankhaus Lampe with international institutional investors, large shareholders represented on the supervisory board and with the company's management board, against a cash deposit and with shareholder subscription rights excluded. The placement price is EUR 6.75 per new share. The company generated gross proceeds from the transaction of around EUR 49 million, which is earmarked for continuing its growth strategy and maintaining a solid balance sheet over the long term.
Dr Andreas Zanner, Lead Partner
Stephan Parrandier
Patrick Damanik, all Capital Markets
Dr Jochen Schlotter, Stock Corporation Law
Frederike Volkmann, Corporate
Press Contact
[email protected]
Social Media cookies collect information about you sharing information from our website via social media tools, or analytics to understand your browsing between social media tools or our Social Media campaigns and our own websites. We do this to optimise the mix of channels to provide you with our content. Details concerning the tools in use are in our privacy policy.