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    DGAP-News  299  0 Kommentare curasan AG: curasan presents strategic investor

    DGAP-News: curasan AG / Key word(s): Capital Increase
    curasan AG: curasan presents strategic investor

    21.04.2016 / 08:31
    The issuer is solely responsible for the content of this announcement.

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    - Investor with family ties into the Asian medical technology industry
    signs ten percent capital increase

    - Joint long-term development of the company planned

    - Acceleration of sales activities in China and the USA intended

    curasan AG (ISIN DE0005494538), a leading specialist for medical products
    in the field of bone and tissue regeneration, agreed with a strategic
    investor on signing a ten percent capital increase with the subscription
    rights of existing shareholders being excluded.

    According to the decisions made yesterday evening by the CEO and the
    supervisory board of curasan AG the company's share capital from
    conditional capital shall be increased at short notice by subscription of
    934,604 shares of curasan AG at a price of 1.20 Euros per share by Mr.
    Yinan Xiong, born in Beijing (China) and residing in Richmond (British
    Columbia, Canada). The payment resulting in the amount of 1,132,324.80
    Euros was confirmed by ODDO Seydler Bank AG, which executes the
    transaction. Immediately thereafter, the company will apply for the
    registration of the implementation of the capital increase, necessary for
    the effectiveness. The registration is targeted to take place still in May
    2016, i.e. before the annual general meeting of the company on June 23,
    2016. Thereby, the registered share capital of curasan AG will be
    increased to 1,132,324.80 Euros.

    Mr. Yinan Xiong has strong family ties into the Asian producing medical
    technology industry. 'From this initial strategic investment in curasan
    being the worldwide technology leader in orthobiologic bone regeneration,
    numerous synergies will derive in the months and years ahead. Not only in
    Asia, but also in western markets', Yinan Xiong explains the rational
    behind the investment. 'We noticed the current path of realignment of
    curasan leads in the right direction. Together we will now achieve the
    goals ahead even faster.'

    Following the management change end of 2014, curasan mainly focuses on
    optimizing distribution processes of its core products in the field of bone
    regeneration, in which the company still sets the worldwide acknowledged
    industry standard. In the past months the company successfully refocused
    its sales efforts on the most attractive international growth markets and
    initiated important registration processes in core markets in Asia and
    North-America.

    For Michael Schlenk, CEO of curasan AG, the transaction conducted today is
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    DGAP-News curasan AG: curasan presents strategic investor DGAP-News: curasan AG / Key word(s): Capital Increase curasan AG: curasan presents strategic investor 21.04.2016 / 08:31 The issuer is solely responsible for the content of this announcement. …