7C Solarparken AG: Expiry of subscription period - capital increase fully placed

Bayreuth (pta010/05.12.2019/10:53 UTC+1) Bayreuth 05.12.2019 - Based on the subscription offer published in the Federal Gazette on 20 November 2019 existing shareholders of 7C Solarparken AG, Bayreuth (WKN: A11QW6, ISIN: DE 000A11QW68; Frankfurt stock exchange, regulated market (general standard)) had the opportunity to subscribe up to 2,622,950 new shares. The placement price per share was put by the Management Board with the approval of the Supervisory Board at EUR 3.05 per share.

A total of 1,842,950 shares were subscribed by existing shareholders, which corresponds to 70% of the transaction. The remainder of 780,000 shares were allocated by means of a private placement.

The issue proceeds of about EUR 8.0 m will allow the Company (i), to expand the PV Estate Portfolio (ii) optimize various solar installations and (iii) invest in the asset management business beyond the current strategic plan. Moreover, the capital increase will strengthen the companies' balance sheet, thereby allowing for additional alternative (corporate) financing in 2020. The transaction is accompanied by Lang & Schwarz.

Contact:
7C Solarparken AG
Koen Boriau
Board
An der Feuerwache 15
95445 Bayreuth
Deutschland
FON: +49 (0)921 230557-77
FAX: +49 (0)921 230557 79
EMAIL: info@solarparken.com
www.solarparken.com

(end)

Emitter:	7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany
Contact Person:	Koen Boriau
Phone:	+49 921 230557-77
E-Mail:	info@solarparken.com
Website:	www.solarparken.com
ISIN(s):	DE000A11QW68 (Share) DE000A254013 (Other)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London