New Whistleblower Protection Act in Germany
12 May 2023
On 18 April 2023, the Executive Board of Gerresheimer AG with the approval of the Supervisory Board resolved to increase the capital stock of Gerresheimer AG by 10% of the current capital stock, by issuing new no par shares in the company and to exclude subscription rights.
The issue was successfully placed with international institutional investors via an accelerated bookbuilding process without prospectus. Gerresheimer received total gross proceeds of around EUR 271.6 m.
Hengeler Mueller team for Gerresheimer AG
Capital Markets/Corporate: Wolfgang Groß (partner, Frankfurt), Carsten A. Schapmann (partner, Dusseldorf), Lea Sophie Grohmann (associate, Frankfurt), Anika Sonnenberg (associate, Dusseldorf).