DGAP-Adhoc: YOC AG approves capital increase / planned cash inflow of up to EUR 1.3 million

YOC AG / Key word(s): Capital Increase

17.04.2013 20:32

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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Ad hoc announcement pursuant to Section 15 WpHG
[German Securities Trading Act]

YOC AG approves capital increase / planned cash inflow of up to EUR 1.3
million
Preliminary figures for financial year 2012 and outlook
Status of sale of Mobile Technology business

Berlin, 17 April 2013

Today, the Management Board and Supervisory Board of YOC AG (Frankfurt,
Prime Standard, ISIN DE0005932735) passed a resolution to perform a capital
increase from authorised capital. The plan is to increase the company's
share capital by up to EUR 258,500 in exchange for cash contributions by
issuing up to 258,500 new no par value bearer shares. The new shares will
be subscribed to by Close Brothers Seydler Bank AG and will be offered to
shareholders for subscription. The subscription period for shareholders
will run from 23 April to 7 May 2013. The subscription price is set at EUR
5.00. The proceeds from the capital increase are meant to strengthen the
equity basis of YOC AG. The company views this as another step towards
financing its dynamic business, which showed healthy performance in the
first quarter of 2013.

The company intends to offer the new shares to shareholders at a ratio of
11:1 (i.e. eleven existing shares entitle the holder to subscribe to one
new share) at the subscription price of EUR 5.00. Company shareholders and
investors will also have an opportunity to subscribe for or make a purchase
offer for new shares that were not subscribed for within the subscription
period.

The new shares are expected to be admitted to trading on the regulated
market (Prime Standard) at the Frankfurt Stock Exchange on 22 May 2013. The
new shares are expected to be included in the existing listing at the
aforementioned stock exchange on 23 May 2013.

New shares that were not subscribed through the subscription offer will be
offered, within the scope of private placements, to qualified investors in
certain jurisdictions outside the United States of America (USA), on the
basis of Regulation S of the U.S. Securities Act 1933 as amended (with the
exception of Japan, Canada and Australia). The price per share will not
fall below EUR 5.00.

According to preliminary calculations compliant with IFRS, YOC AG has
generated revenue for the Group in the amount of EUR 34.6 million in the
financial year 2012 compared to EUR 32.1 million the previous year, with
consolidated sales and operating revenue of EUR 36.6 million compared to
EUR 33.8 million the previous year. EBITDA amounted to EUR -3.2 million
(previous year: EUR -3.0 million). Amortisations in the amount of EUR 7.2
million compared to EUR 6.4 million the previous year led to an operating
result totalling EUR -10.4 million (2011: EUR -9.4 million). This includes
both amortisations of EUR 1.5 million and impairments of EUR 5.7 million as
a result of write-downs on goodwill, self-developed software, brands and
customer bases. With regard to the sale of the segment Mobile Technology,
negotiations are currently being conducted exclusively with one interested
party, whereby the company does not expect the proceeds of the sale to be
less than the asset value of the involvement. If and when the sale can be
closed is still open at this time.

The 2012 annual report will be published on 30 April 2013.

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, 17 April 2013

YOC AG
- The Management Board -

End of ad hoc announcement

Contact:

YOC AG
Christina von Grauvogl
Investor Relations
Karl-Liebknecht-Str. 1
10178 Berlin
Tel.: +49-30-726162-161
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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