IKB Deutsche Industriebank AG / Capital Increase 26.07.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Board of Managing Directors of IKB Deutsche Industriebank AG has determined, with approval of the Supervisory Board, on 25 July 2008 the details of the capital increase resolved by the shareholders meeting on 27 March 2008. The resolution of the shareholders meeting was entered into the commercial registry on 25 July 2008. The new shares will be offered to shareholders on a pre-emptive basis during the period from 29 July 2008 until 11 August 2008 (inclusive) at a price of 2.56 per new share. In addition to their statutory pre-emptive rights, the shareholders will be granted the opportunity, against payment of the share price, to subscribe for new shares for which pre-emptive rights are not exercised during the subscription period. During the period from 29 July 2008 until 6 August 2008 (inclusive), the pre-emptive rights can be traded on the Frankfurt Stock Exchange. KfW has informed the company that it intends to undertake towards IKB to subscribe for a sufficient number of new shares, such that IKB will receive proceeds of at least 1.25 billion (before costs and not including a premium from interest income) from the capital increase. This obligation to subscribe for new shares is expected to be subject to the condition precedent that the European Commission issues an approving decision. In order to maximize the proceeds from the capital increase, the Board of Managing Directors principally intends to delay the registration of the recording of the completion of the capital increase in the commercial register until the European Commission has issued its decision or KfW has subscribed for the relevant number of new shares. The Board of Managing Directors expects that the European Commission will make its decision in October of 2008. The admission of the new shares to trading will be applied for after recording of the completion of the capital increase in the commercial register and is expected to take place in the fourth quarter of 2008. Further information on the details of the capital increase will be provided in the rights offer (Bezugsangebot) which is expected to be published on 28 July 2008 in the German Federal Gazette (elektronischen Bundesanzeiger) and the Frankfurter Allgemeine Zeitung. Düsseldorf, 26 July 2008 Board of Managing Directors --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: This Ad hoc Release is for informational purposes only and does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from the registration requirements under the U.S. Securities Act of 1933, as amended. The securities described herein are not being offered publicly in the United States. Contact: Dr. Jörg Chittka, Tel. +49 (0) 211 8221 4349; Patrick von der Ehe, Tel. +49 (0) 211 8221 4776; Dr. Annette Littmann, Tel. +49 (0) 211 8221 4745 DGAP 26.07.2008 --------------------------------------------------------------------------- Language: English Issuer: IKB Deutsche Industriebank AG Wilhelm-Bötzkes-Straße 1 40474 Düsseldorf Deutschland Phone: +49 (0)211 8221-4511 Fax: +49 (0)211 8221-2511 E-mail: investor.relations@ikb.de Internet: www.ikb.de ISIN: DE0008063306 WKN: 806330 Indices: SDAX Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard), Düsseldorf, Hamburg, München; Freiverkehr in Hannover, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: IKB Deutsche Industriebank AG: Details of Capital Increase
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