Advising Ropal Europe AG on capital increase

Ropal Europe AG planed a cash capital increase of up to 150 percent of the present share capital . The company's management board and supervisory board resolved to issue up to 1,635,300 new no-par bearer shares against cash contribution. Heuking Kühn Lüer Wojtek legally advised the company.
 
The price for the new shares was set at EUR 4.50 per unit. Assuming full placement, the gross issue proceeds for the company will be about EUR 7.3 million. Through the capital increase, the company's share capital  will increase from now about EUR 1.09 million to up to EUR 2.72 million. The funds from the capital increase are to be used primarily for expanding and optimizing Ropal Europe AG's manufacturing site.

As part of the subscription offer, existing shareholders acquired the new shares in a ratio of 2:3. No trade of subscription rights on the stock exchange is scheduled. Shareholders are granted an oversubscription right beyond the statutory subscription right. In parallel, the shares not subscribed by shareholders are offered to institutional and strategic investors as part of a private placement at the subscription price.
 
Ropal Europe AG, a company headquartered in Allendorf/Eder, operates in the market for special coatings. With the Chrom-Optics process, a worldwide unique coating technology has been developed. Ropal Europe AG holds all rights to the process, which in the long term will replace chromium electroplating. Compared to conventional coating methods, this technology offers greater environmental compatibility. Heuking Kühn Lüer Wojtek had already advised the company at its IPO in 2008.
 
Responsible for the project
Heuking Kühn Lüer Wojtek:
Dr. Thorsten Kuthe(Capital Markets), Cologne