WILEX AG / Corporate Action 23.03.2010 08:03 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, 23 March 2010. WILEX AG (ISIN DE0006614720 / Frankfurt Stock Exchange / Prime Standard) has entered into a three year Standby Equity Distribution Agreement (SEDA) with YA Global Master SPV LTD (YA Global), a fund managed by Yorkville Advisors, LLC both located in New Jersey, USA. The SEDA entitles WILEX to issue new shares from authorised capital to be sold in tranches of up to EUR 1 million to YA Global. Upon WILEX' absolute discretion YA Global is obliged to subscribe for and to purchase such shares. WILEX intends to propose approval of new authorised capital at the Annual General Meeting on 21 May 2010. If approved, this would enable the company to initiate drawing funds starting in June 2010 onwards. The total value of this equity facility aggregates to up to EUR 20 million, provided that in no event shall the total number of shares owned by YA Global exceed 9.9% of WILEX' share capital at any one time. The agreement is valid for a period of 36 months following contract signature. Contact WILEX AG Katja Arnold (CIRO) Corporate Communications Grillparzerstr. 10 81675 Munich; Germany Tel.: +49 (0)89-41 31 38-126 Fax: +49 (0)89-41 31 38-99 E-mail: investors@wilex.com This communication contains certain forward-looking statements, relating to the Company's business, which can be identified by the use of forward-looking terminology such as 'estimates', 'believes', 'expects', 'may', 'will' 'should' 'future', 'potential' or similar expressions or by general discussion of strategy, plans or intentions of the Company. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results of operations, financial condition, performance, or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, prospective investors and partners are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such forward-looking statements to reflect future events or developments. Given these uncertainties, prospective investors and partners are cautioned not to place undue reliance on such forward-looking statements. We disclaim any obligation to update any such forward-looking statements to reflect future events or developments. 23.03.2010 08:03 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: WILEX AG Grillparzerstr. 10 81675 München Deutschland Phone: +49 (0)89 41 31 38 - 0 Fax: +49 (0)89 41 31 38 - 99 E-mail: info@wilex.com Internet: www.wilex.com ISIN: DE0006614720 WKN: 661472 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: WILEX AG secures financing up to EUR 20 million through an equity line
| Source: EQS Group AG