SFC Energy AG successfully placed capital increase to accelerate growth

SFC Energy AG / Key word(s): Capital Increase

28.11.2014 / 07:15

SFC Energy AG - Corporate News - ISIN DE0007568578

SFC Energy AG successfully placed capital increase to accelerate growth

- Capital increase subscribed by existing institutional shareholders
and new investors

- Gross proceeds of EUR 3.26 million

- Use of funds to accelerate growth in the oil and gas segment with a focus on the US business and launch of the new EFOY GO!

Brunnthal/Munich, 28 November 2014 - SFC Energy AG (ISIN: DE0007568578), a leading international supplier of fuel cell based hybrid-power supply solutions, has increased the registered share capital of the company from authorized capital excluding subscription rights of shareholders from EUR 8,020,045 by EUR 591,159 to EUR 8,611,204 by issuing 591,159 new no-par value bearer shares. The new shares with dividend rights from January 1, 2014 were placed with existing institutional and new investors in a private placement at a price of EUR 5.52 per share.

The Company has received gross proceeds in the amount of EUR 3.26 million. The cash inflow from the capital increase is intended to be used to accelerate growth in the oil and gas segment, with specific focus to the US business as well as the launch of the new EFOY GO!. A new product platform, a "mobile power outlet", which is based on pioneering lithium battery technology. The Company sees enormous market opportunities in the area of emissions-free emergency home power supply when networks are unstable or in the wake of (natural) disasters-a market that is experiencing massive growth, particularly in the United States and Japan. In addition, the capital increase will further boost the equity base.

Dr. Peter Podesser, CEO of SFC Energy AG, comments: "We have managed to place the new shares with our biggest existing shareholders and with new investors. The continued support and confidence of our existing and the interest of new investors are a clear confirmation of our strategy and demonstrate the growth potential investors attribute to our business model".

About SFC Energy Group
SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with almost 30,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & Industry and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada, and sales offices in the U.S and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN: 756857 ISIN: DE0007568578).

SFC Investor Relations Contact:

SFC Energy AG

Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592 378
Fax. +49 89 673 592 369
Email: [email protected]
Web: www.sfc.com

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 89827227
Email: [email protected]

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