Ad hoc: Biofrontera AG - 4,438,292 shares placed in capital increase

Biofrontera AG / Keyword(s): Capital increase / Ad hoc: Biofrontera AG - 4,438,292 shares placed in capital increase . Ad hoc announcement according to § 15 WpHG. Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. Leverkusen, Germany, 4 February 2014 - The board of directors of Biofrontera AG has resolved on 20 January 2014, to increase the registered capital of the company from currently EUR 17,753,168.00 by up to EUR 4,438,292.00 to an amount of up to EUR 22,191,460.00 by way of a capital increase against cash contribution by issuing up to 4,438,292 new registered no-par shares with an amount of the share capital attributable to each share of EUR 1.00 ("New Shares") (see Ad-hoc-release of 20 January 2014). The shareholders were offered to subscribe to the New Shares and make offers for additional subscriptions. As of today's assessment, all 4,438,292 New Shares were placed. The proceeds of the issue amount to approx. EUR 15.3 Million (net). Biofrontera AG, Hemmelrather Weg 201, 51377 Leverkusen ISIN: DE0006046113 WKN: 604611 Contact: Biofrontera AG Tel.: +49 (0214) 87 63 2 22, Fax.: +49 (0214) 87 63 290 E-mail: This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Biofrontera AG via GlobeNewswire [HUG#1758994]