Altira AG / Capital Increase 17.11.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Managing Board of Altira AG (Altira Group) has decided, with the approval of the Supervisory Board, to take advantage of authorised capital to increase the companys share capital by EUR 300,000 from the current EUR 4,238,670 to EUR 4,538,670. The capital increase will be in return for cash contributions obtained by issuing 300,000 shares at an issue price of EUR 16.00 per share while excluding shareholder subscription rights. This exclusion of shareholders subscription rights will occur in accordance with § 5 Par. 2 letter c) in the Articles of Association. All the shares have already been placed with international institutional investors, bringing EUR 4,800,000 in fresh capital to the company. The transaction was conducted by Silvia Quandt & Cie. AG. Michael Rieder, Chairman of the Board of Management of the Altira Group, explains the reasons for the capital increase: 'We regard the current market environment as a good opportunity to noticeably strengthen and expand our market position via organic and external growth. With more than EUR 28 million liquidity we are in a comfortable position to react flexibly to new market opportunities.' ++ About Altira Group The Altira Group is an owner-managed company that is simultaneously an exchange-listed asset management company. We manage money in the areas of private markets, public markets and real estate on behalf of institutional investors. The investment approaches focus on inefficient markets. Altira Group understands this to mean the promising newly forming markets and regions with above-average growth opportunities as well as established markets undergoing major structural changes. Due to their specialised knowledge and years-long experience, the Altira teams are able to generate a sustainable above-average risk/yield profile ('high alpha strategies') in these markets by using an active investment approach. The implementation into concrete investment products is then handled by the focused, independent Altira subsidiaries. Whereas the investment decisions are independently taken in the investment teams, all of the boutique companies have centralised access to a common, institutional infrastructure. The Altira Group is, in this context, generally a founding majority shareholder of these boutique subsidiaries, or it acquires shares in existing asset management companies that want to tap into the Altira Group platform. Contact: Altira Aktiengesellschaft Olaf Meier Head of Investor Relations Phone: +49 69 719 12 80 123 E-Mail: olaf.meier@altira-group.de DGAP 17.11.2008 --------------------------------------------------------------------------- Language: English Issuer: Altira AG Grüneburgweg 18 60322 Frankfurt / Main Deutschland Phone: +49 (0)69 719 12 80 - 00 Fax: +49 (0)69 719 12 80 - 011 E-mail: info@altira-group.de Internet: www.altira-group.de ISIN: DE0001218063 WKN: 121806 Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Entry Standard in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Altira Group approves capital increase - EUR 4.8 million will flow into the company
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