- Increase in share capital at a ratio of ten to one
Munich, January 25, 2023: Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080), intends to carry out a cash capital increase to finance its growth. The management board of the fintech company has decided today to increase the share capital by up to ten percent from 2.72 million euros to up to 2.992 million euros, using the existing authorized capital. The new shares, up to a maximum of 271,750 shares, will be issued through a private placement, in one or more tranches, at a subscription price close to the current stock price. The subscription rights of the shareholders are excluded. The company expects a liquidity inflow of approximately 1.632 million euros from the capital measure. Rubean is currently growing in Germany, where the Sparkassen Group uses Rubean’s payment acceptance solution, as well as in the Czech Republic, Hungary, Spain, and later in the year, in the UK.
About Rubean:
Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers, and merchants. In its almost twenty-year history, Rubean has developed innovative solutions for the payment, finance, and banking industry. This includes the mobile point-of-sale terminal solution PhonePOS, which was developed in collaboration with CCV. In addition to its headquarters in Munich, Rubean has branches in Hamburg, London, Tel Aviv, and Tbilisi. Rubean is listed on the m:access of the Munich Stock Exchange, as well as on the Frankfurt, Berlin, and Düsseldorf exchanges, and on Tradegate and Quotrix.
