B-A-L Germany AG places EUR 1.05m share issue, oversubscribed
B-A-L Germany AG announced its capital increase from authorized capital, resolved in June 2026, has been successfully placed, with 1,000,000 new bearer shares fully subscribed. Due to demand exceeding supply, the issue was oversubscribed at a subscription price of EUR 1.05 per share, generating gross proceeds of EUR 1,050,000.00. Proceeds are to be used for acquiring residential properties and expanding the property portfolio.
2026/15:20 UTC+2) B-A-L Germany AG (WKN: A1614B, ISIN: DE000A1614B2) announces that the capital increase from authorised capital, resolved in June 2026, has been successfully placed. As part of the capital increase, 1,000,000 new bearer shares were fully placed. Due to demand exceeding the available share volume, the capital increase was oversubscribed. 05 per share.
00 for the company. The completion of the capital increase is still subject to its entry in the Commercial Register. 00 and will be divided into a total of 3,000,000 no-par value bearer shares. In line with the corporate strategy communicated in June 2026, the net proceeds from the issue are to be used, in particular, for the selective acquisition of further residential properties in the Free State of Saxony, as well as for the further expansion and management of the property portfolio.
B-A-L Germany AG will issue a separate announcement regarding the entry of the capital increase in the Commercial Register. de Website: ISIN(s): DE000A1614B2 (Share) Stock Exchange(s): Free Market in Dusseldorf [ source: ] (c) pressetext Nachrichtenagentur GmbH Ad-hoc and financial news distributed by pressetext. Archive: The emitter is responsible for the content. com or +43-1-81140-0.