Because of Corona Borussia Dortmund decides to capital increase

Gross emission proceeds expected from 86.5 million euros – full placement secured

Planned is the issue of almost 18.4 million new ordinary shares. The subscription price per share amounts to 4.70 euros. The reference ratio was set to 5: 1. This means that five existing shares entitle to relate to a new share. The Company expects a gross emission proceeds of about 86.5 million euros from the capital increase. An emission bank guarantees the proceeds by a fixed assumption obligation at the subscription price. Thus, full placement is already ensured.

Hans-Joachim Watzke, Dortmund’s chairman of the management, justified the step in response to the Corona crisis: This capital increase represents a substantial milestone of Borussia Dortmund to overcome the previous economic loads of the pandemic. We strive to increase the proceeds from the capital increase Using the repayment of financial liabilities as well as compensation for any losses that may arise from the impact of currently unexpected other Covid-19-related measures or restrictions on the business activities of the company and fluctuations in liquidity during the current financial year.

This capital increase represents a substantial milestone of Borussia Dortmund to overcome the previous economic loads of the pandemic.

Hans-Joachim Watzke

By increasing the share capital of the Dortmund from So far 92 to around 110 million euros increases. Formally, the process of capital increase will be completed on 8 October.

with painting, Kobel & Co: the contract periods of BVB professionals

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