19.11.2021 / 09:12 CET/CEST: The Naga Group AG successfully completes placement, securing growth capital of EUR 34 million

19.11.2021 / 08:12

Hamburg, November 19, 2021 - The Naga Group AG (ISIN DE000A161NR7, Frankfurt Stock  Exchange Scale segment) announces that it has successfully completed a placement of new  shares in connection with the cash capital increase that was announced yesterday.

The placement consisted of 4,223,250 shares, and was placed with a leading European finan cial investor as well as qualified investors in Germany and other selected jurisdictions (outside  the United States of America) at a subscription price of EUR 8.00 per share.

The Naga Group AG has secured EUR 34 million of total growth capital, which will be used to  further finance global growth and enhanced marketing measures.

Hauck & Aufhäuser acted as Sole Global Coordinator and Sole Bookrunner in connection with  the transaction.

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Andreas Luecke
The NAGA Group AG
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