MUNICH, GERMANY - EQS Newswire - 1 July 2024 - The Executive Board of
DCI Database for Commerce and Industry AG resolved on July 1, 2024, with
the approval of the Supervisory Board, to increase the company's share
capital from EUR 1,330,149 by EUR 133,014 to EUR 1,463,163. This capital
increase will be carried out through cash contributions and with the
exclusion of shareholders' subscription rights. The new shares were
issued at a price closely aligned with the current stock market price
and were fully placed. The proceeds from the capital increase will be
used primarily for the further development of plugilo.
New Investor: Michael Urban
As part of the capital increase, DCI AG has secured Michael Urban as a
key investor and new shareholder. Urban brings extensive experience and
global contacts to DCI AG. He will not only act as an investor, but
will also actively promote the further development of plugilo to ensure
its global success. He will play a significant role in establishing
plugilo Inc. in the USA. The plan is to expand the functions of plugilo
for both B2C (Business to Consumer) and B2B (Business to Business)
markets and to scale globally. Further investment rounds in plugilo Inc.
are planned.
Michael Urban was the CEO of Actebis, today ALSO, and over the years,
he elevated both Tech Data and SYNNEX to the next level and led the
merger of both companies. Urban played a key role in the merger of
SYNNEX and Tech Data, creating one of the world's largest IT distributor
with annual revenues of $57 billion and 23,000 employees in 2023
(1).
Urban was responsible for global activities and successfully managed
the merger of TD SYNNEX in the Americas, overseeing 12,000 employees
over the past three years. Michael Urban has been a significant
footprint in the global IT market for over 30 years. He brings his
global C-level contacts to DCI and will be actively involved in sales
and marketing as well as in establishing plugilo Inc. in the USA and
globally, driving plugilo to global success.
Commitment of CEO and Major Shareholder Michael Mohr
The founder, major shareholder, and CEO of DCI AG for the past 25
years, Michael Mohr, is participating in the capital increase alongside
Michael Urban, underscoring his strong commitment to the expansion of
plugilo.
The share is listed on the m:access of the Munich Stock Exchange.
WKN: A11QU1, ISIN: DE000A11QU11.
Stock exchanges: Munich, Frankfurt, Stuttgart, Berlin, Bremen, Düsseldorf, XETRA
(1) Source: TD SYNNEX earning report 9.1.2024 und TD SYNNEX Website
This announcement contains forward-looking statements based on the
current expectations and assumptions of the Executive Board. Known and
unknown risks and uncertainties may cause actual results to differ
materially from those expressed or implied in such forward-looking
statements.