CeoTronics AG / Miscellaneous
30.01.2008
Release 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.
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CeoTronics share split on January 31, 2008 / 1:3 share split / 6,599,994
CeoTronics shares in future
CeoTronics AG Audio Video Data Communication (ISIN: DE0005407407), listed
in the Prime Standard and the Technology All Share segment of the Frankfurt
Stock Exchange, will implement the 1:3 share split resolved by the General
Meeting on November 2, 2007 on January 31, 2008 after the stock market
closes. This will increase the number of shares from currently 2,199,998 to
6,599,994. Each no-par value share with a notional interest in the share
capital of 3.00 will be replaced by three no-par value shares each with a
notional interest of 1.00 in the share capital. Each shareholder with one
no-par value share will hold three no-par value shares after the share
split. Shareholders will automatically be credited their additional shares
at the share split date. The share split will be free of charge for
shareholders.
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Information and Explaination of the Issuer to this News:
CeoTronics AG's Annual General Meeting on November 2, 2007 resolved to
reclassify the share capital. Each no-par value share having a notional
interest of 3.00 will be replaced by 3 no-par value shares with a notional
interest of 1.00 each. The relevant registration in the commercial
register was made on January 16, 2008, and the amendment to the Articles of
Association has thus taken effect. The right of shareholders to individual
certification of their shares is excluded in accordance with the Articles
of Association. CeoTronics AG's bonus shares are evidenced exclusively in a
global certificate, which is deposited with Clearstream Banking AG,
Frankfurt. CeoTronics shareholders will hold an interest in this global
certificate according to their share as co-owner by receiving a relevant
credit to their custody account. Bonus shares will be credited in
collective custody only.
After the stock market closes on January 31, 2008, the securities held in
collective custody at Clearstream Banking AG will be split by the custodian
banks in the ratio of 1:3. Three new shares with the new notional interest
of 1.00 each will result from each old share. All existing market orders
will be cancelled.
Price determination for the shares with a new notional interest of 1.00
and the same German Securities Code (WKN 540 740, ISIN DE0005407407) will
commence as of February 1, 2008 in the Regulated Market/Prime Standard of
the Frankfurt Stock Exchange.
CeoTronics AG expects this measure to increase interest in its shares from
private and institutional investors. Above all, the share split should
further increase liquidity in the shares.
Further information:
CeoTronics AG
Audio Video Data Communication,
Investor Relations
Adam-Opel-Straße 6
63322 Rödermark (Germany)
Tel: +49 6074 8751-722, Fax: +49 6074 8751-720
E-mail: chairman@ceotronics.com, Internet: http://www.ceotronics.com
DGAP 30.01.2008
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Language: English
Issuer: CeoTronics AG
Adam-Opel-Straße 6
63322 Rödermark
Deutschland
Phone: +49 (0)6074 8751-722
Fax: +49 (0)6074 8751-720
E-mail: investor.relations@ceotronics.com
Internet: www.ceotronics.com
ISIN: DE0005407407
WKN: 540740
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: CeoTronics AG: Share split
| Source: EQS Group AG