January 25, 2023
Munich, January 25, 2023: Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080) intends to carry out a cash capital increase to finance its growth. Accordingly, the FinTech company's Management Board decided today to increase the share capital by up to ten percent from EUR 2.72 million to up to EUR 2.992 million using the existing authorized capital. The new bearer shares, up to a maximum of 271,750, will be issued in the course of a private placement in one or more tranches at a subscription price close to the share price. Shareholders' subscription rights are excluded. The Company expects a cash inflow from the capital measure in the amount of approximately EUR 1.632 million. Rubean is currently growing in Germany, where the Sparkassen Group uses Rubean's payment receiving solution, as well as in the Czech Republic, Hungary and Spain, and later in the year in the United Kingdom.
About Rubean: Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. In its nearly twenty-year history, Rubean has developed innovative solutions for the payments, finance and banking industries. This includes the PhonePOS mobile point-of-sale terminal solution, which was developed in collaboration with CCV. In addition to its headquarters in Munich, Rubean has offices in Hamburg, London, Tel Aviv and Tbilisi. Rubean is listed on the m:access of the Munich Stock Exchange as well as on the over-the-counter markets in Frankfurt, Berlin and Düsseldorf and on Tradegate and Quotrix.