EQS-Ad-hoc: Altech Advanced Materials AG / Key word(s): Corporate Action Altech Advanced Materials AG ("AAM" or the "Company") (FRA: AMA) announces that in the period from October 10, 2024 to October 24, 2024 a rights issue was carried out by issuing up to 1,460,500 new registered shares at a subscription price of EUR 2.40 per new share. Subscription rights and oversubscription rights totalling 328,432 shares were subscribed by the beneficiaries, which corresponds to an issue volume of EUR 788,236.80. The private placement of shares not subscribed to as part of the rights offering will run until October 31, 2024. The Management Board Altech Advanced Materials AG About Altech Advanced Materials AG Another focus is on lithium-ion batteries. An innovative anode material based on high-purity aluminum oxide (HPA) - Silumina Anodes - is intended to significantly increase the performance of this battery for electromobility. Further information can be found at: www.altechadvancedmaterials.com End of Inside Information
28-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Altech Advanced Materials AG |
Ziegelhäuser Landstraße 3 | |
69120 Heidelberg | |
Germany | |
Phone: | +49 6221 6492482 |
E-mail: | info@altechadvancedmaterials.com |
Internet: | www.altechadvancedmaterials.com |
ISIN: | DE000A31C3Y4 |
WKN: | A31C3Y |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange |
EQS News ID: | 2017239 |
End of Announcement | EQS News Service |
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2017239 28-Oct-2024 CET/CEST
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