DGAP-Adhoc: AGM of YOC AG agrees to an increase of cash capital by issuing regular shares with subscription rights for a nominal 571,000 euros / new authorised capital totalling 1,300,000 euros / cont

YOC AG / Key word(s): AGM/EGM/Miscellaneous

10.06.2013 17:14

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Berlin, 10 June 2013

YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) has announced that
the Annual General Meeting on 6 June 2013 agreed to raise up to 571,700
euros in cash capital by issuing regular shares with subscription rights.

YOC AG shareholders receive subscription rights to the new shares to ensure
their ability to keep their shareholding percentages in YOC undiluted. The
shares will be offered to existing shareholders to acquire via indirect
subscription at a ratio of five existing shares for one new share.
Furthermore, unsubscribed shares will be offered to third parties in a
private placement.

The newly issued shares are to be fully dividend-paying from 1 January
2013.

The share offering is slated for early to mid-July 2013 based on current
planning.

The YOC AG Management Board will determine the subscription price, number
of shares to be issued and other details concerning the share offering at a
later date, subject to Supervisory Board approval.

No declarations of intent or binding subscription commitments for the
proposed share offering have yet been obtained.

The Annual General Meeting on 6 June 2013 additionally approved a new
authorised capital programme, 2013/I, authorising the Management Board,
with the approval of the Supervisory Board, to issue by 5 June 2018 at the
latest, in one or more tranches, new shares for cash or contributions in
kind to increase the company's share capital by up to 1,300,000 euros. The
shareholders of YOC AG will generally be granted subscription rights,
though the Management Board is authorised to exclude subscription rights in
certain cases. The exact wording of the resolution can be found in the
Annual General Meeting agenda, which was published in the Federal Gazette
on 30 April 2013.

YOC AG will now, without delay, register the capital increase for entry
into the commercial register. The exact date of registration cannot be
determined at present, as individual shareholders have lodged objections to
all items on the agenda.

In contrast, the proposal made by the Management Board and the Supervisory
Board to authorise the issuance of options and convertible bonds with the
exclusion of subscription rights, the creation of additional contingent
capital and the corresponding amendments to the Articles of Association was
rejected by the AGM on 6 June 2013.

Lastly, the Annual General Meeting on 6 June 2013 recalled the members of
the Supervisory Board, Mr Oliver Borrmann and Mr Peter Zühlsdorff, and
appointed Dr Bernhard Heiss, attorney-at-law, resident of Munich, and Mr
Ludwig Prinz zu Salm-Salm, media consultant, in their places as members of
the Supervisory Board.

Mr Gerd Schmitz-Morkramer resigned as member of the Supervisory Board
effective at the conclusion of the 2013 Annual General Meeting. To replace
him, the Annual General Meeting on 6 June 2013 elected Dr Nikolaus Breuel,
corporate consultant, resident of Berlin, to the Supervisory Board.

During its constitutive meeting on 6 June 2013, the Supervisory Board
elected Dr Bernhard Heiss as Chair of the Supervisory Board.

Disclaimer:
This ad-hoc announcement constitutes neither an offer to sell nor a
solicitation to buy securities. The information in this announcement is
neither intended for transmission to the United States of America (USA) nor
for use within the USA (including its territories and possessions, any
State of the United States, and the District of Columbia) and may not be
distributed or passed on to U.S. persons (as defined in Regulation S of the
U.S. Securities Act of 1933 as amended) or publications with a general
circulation in the USA. This announcement constitutes neither an offering
nor a solicitation to buy securities in the USA. The securities of YOC AG
are not registered and will not be registered in accordance with the
provisions in the Securities Act and may not be sold, offered or delivered
in the USA or to a U.S. person without prior registration or exemption from
the registration requirements. No public offering will be made for
securities in the USA.
This ad hoc announcement contains statements regarding future developments
that are based on current evaluations and are made to the best knowledge of
the management of YOC AG. Such statements with regard to future
developments are subject to known and unknown risks, uncertainties and
other factors that could cause the profit situation, profitability, value
development or the performance of YOC AG to diverge from the profit
situation, profitability, value development or performance that are
expressly or implicitly assumed or described in the statements concerned.
In view of the risks and uncertainties and other factors, readers of this
ad hoc announcement should not rely on such statements to a
disproportionate extent. YOC AG has no obligation to act in keeping with
such statements regarding future developments or to alter its actions to
accommodate future events and developments.

Berlin, 10 June 2013

YOC AG
- The Management Board -

End of ad hoc announcement

Contact person:

YOC AG
Christina von Grauvogl
Investor Relations
Karl-Liebknecht-Str. 1
10178 Berlin
Tel.: +49-30-726162-205
Fax: +49-30-726162-222
ir@yoc.de

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Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Germany
Phone: +49 (0)30-72 61 62 205
Fax: +49 (0)30-72 61 62 222
E-mail: christina.vongrauvogl@yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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