04.06.2024 10:20:09 - EQS-Adhoc: Cannovum Cannabis AG: Cash capital increase from authorized capital with subscription rights

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EQS-Ad-hoc: Cannovum Cannabis AG / Key word(s): Corporate Action
Cannovum Cannabis AG: Cash capital increase from authorized capital with subscription rights
04-Jun-2024 / 10:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Art. 17 MAR 04.06.2024

Cannovum Cannabis AG: Cash capital increase from authorized capital with subscription rights
The Management Board of Cannovum Cannabis AG (stock exchanges Frankfurt, Xetra, Düsseldorf, Munich, Hamburg, Berlin,
Tradegate, gettex: ISIN DE000A2LQU21) today resolved to carry out a capital increase from the authorized capital by
issuing 888,900 new shares on the basis of the authorization of the Annual General Meeting on 13.11.2020.
The Executive Board has decided to grant the shareholders subscription rights by offering the new shares exclusively to
the current shareholders of the company at a ratio of 8:5 at a subscription price of EUR 1.00 per share in accordance
with Section 186 (5) AktG. The close of business today will be set as the time of proof for the subscription right.
It is planned that the offer to shareholders will be made without a prospectus. The subscription period is fourteen
days and will be announced after approval and publication of the securities information sheet.
The proceeds from this cash capital increase will be used to reduce liabilities and finance ongoing business
operations.

Contact:
Klaus Madzia
Management Board
Cannovum Cannabis AG
email: klaus.madzia@cannovum.com

About Cannovum Cannabis AG:
Cannovum AG (www.cannovum.de, www.cannovum.com) is the first German cannabis company to be traded on the stock
exchange. The shares are traded on the Frankfurt/Xetra, Düsseldorf, Munich, Berlin, Hamburg and gettex stock exchanges.
End of Inside Information
04-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      Cannovum Cannabis AG 

Stresemannstrasse 23
10963 Berlin
Germany
Phone:        0178 5811701 
E-mail:       klaus.madzia@cannovum.com 
Internet:     www.cannovum.com 
ISIN:         DE000A37FUP2 
WKN:          A37FUP 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Munich, Tradegate 

Exchange
EQS News ID: 1917083

End of Announcement EQS News Service
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1917083 04-Jun-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1917083&application_name=news

END) Dow Jones Newswires

June 04, 2024 04:20 ET (08:20 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CANNOVUM CANNABIS INH ON A37FUP Xetra 2,300 05.07.24 17:30:59 +0,100 +4,55% 2,040 2,200 2,300 2,300

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