Advising Seven Principles AG on capital increase

Seven Principles AG (7P) plans a capital increase against cash contribution with existing shareholder subscription rights. Management board and supervisory board resolved to increase the company's capital stock from previously EUR 4,040,000 by up to EUR 1,346,667, issuing up to 1,346,667 new bearer shares. A team led by Dr. Thorsten Kuthe, Partner at Heuking Kühn Lüer Wojtek's Cologne office, legally advised the company.
The subscription price for the new shares from authorized capital is EUR 3.20. The new shares are offered to existing shareholders in an indirect subscription offer in a 3:1 ratio. In addition, existing shareholders are entitled to issue binding orders for additional shares at the subscription price when exercising their subscription rights (supplemental subscription). The proceeds generated from the capital increase are to be used for the further development of the Seven Principles group's business.

The subscription rights will not be traded on the stock exchange. Trading of the new shares is scheduled for September 18, 2014. The transaction is handled by Lang & Schwarz Broker GmbH. The bearer shares from the capital increase that are not assumed by the shareholders during the subscription offer period will subsequently be offered to interested investors at the same price in private placement.

Seven Principles AG is the strategic partner for the networking of processes, information, and technologies, and a specialist for Enterprise Mobility. The listed group's service range covers IT consulting, process and information management, cloud services, mobile solutions, Enterprise IT, SAP services, software solutions, and quality management.

Responsible for the project
Heuking Kühn Lüer Wojtek:

Dr. Thorsten Kuthe,
Kristian Franz (both Capital Market Law)
Dr. Dirk Stolz (IT Law), all Cologne

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