Publication of inside information in accordance with EU Directive 596/2014, Art. 17
RUBEAN AG again increases capital by EUR 7,60 per share
- Major shareholder has fully subscribed
- Issuance of 40,000 new shares
- Funds are intended for the launch of RubeanPay
- Unique, patent pending solution for mobile and online payment
Munich, 11th November 2016. RUBEAN AG, Munich, (ISIN: DE0005120802, WKN: 512080) has received funds for the launch of their new and unique, patent pending software RubeanPay. Today the CEO has decided with the approval of the Advisory Board to increase the company’s existing, statutory share capital from EUR 1.02 to EUR 1.06 million, by making partial use of the Authorized Capital and issuing 40,000 new shares with a nominal value of EUR 1,00 per share. The pre-emptive rights of existing shareholders were excluded. The new shares were subscribed in cash by a major shareholder by EUR 7,60 per share, so that the capital increase is already successfully completed.
RUBEAN expects a strong company growth from their new and especially innovative software solution RubeanPay. It is a unique, patent pending solution for mobile and online payment, which fulfills demands on highest security with high comfort at the same time. The new solution converts smartphones into card terminals. Therewith customers can pay in the internet the same way they are used at the cash desk.
For further information please contact:
german communications AG
Milchstraße 6 B, D-20148 Hamburg
Phone: 040/46 88 33 0, Fax 040/46 88 33 40
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