OTI Greentech AG strengthens equity base through Debt-to-Equity-Swap

The Board of Management of OTI Greentech AG (WKN A0HNE8) has decided, with the approval of the Supervisory Board, to increase the Company’s share capital against contributions in kind, excluding shareholders’ subscription rights. In this context, the share capital will be increased by EUR 2,558,856.00 from EUR 4,698,602.00 to EUR 7,257,458.00, making partial use of the authorized capital. As a contribution in kind, shareholder loans including interest and remuneration claims of the Supervisory Board will be contributed 1:1 (EUR 1 in 1 share) against new OTI shares in a so-called debt-to-equity swap. The conversion price is significantly higher than the current market price of the share.