SCHULER AG / Capital Increase
15.07.2010 12:56
Dissemination 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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Schuler AG successfully completes share issue
Today, Schuler AG successfully issued shares with qualified institutional
investors as part of an accelerated book building process. 1,750,000 bearer
ordinary shares were issued at a price of EUR 4.20 per share, providing a
gross injection of funds amounting to EUR 7,350,000. The Company intends to
use the net proceeds of the issue to improve the capital resources, to
repay financial liabilities and to refinance the further establishment and
expansion of non-automotive business.
The company's current share capital of EUR 54,600,000.00, made up of
21,000,000 bearer ordinary shares, has now been increased by EUR
4,550,000.00 to 59,150,000.00. The shareholders' subscription right is
excluded under the authority laid down in Article 4(3) of the Company's
Articles of Association.
Göppingen, July 15, 2010
The Executive Board
THIS PUBLICATION IS PROVIDED FOR INFORMATION PURPOSES ONLY AND REPRESENTS
NEITHER A SALE OFFER NOR A REQUEST TO SUBMIT AN OFFER FOR THE PURCHASE OR
SUBSCRIPTION OF SECURITIES. NO PUBLIC OFFER OF SECURITIES OF SCHULER
AKTIENGESELLSCHAFT, GÃPPINGEN HAS BEEN MADE, OR IS INTENDED TO BE MADE.
THIS PUBLICATION AND THE INFORMATION IT CONTAINS ARE NOT INTENDED TO BE
PASSED ON DIRECTLY OR INDIRECTLY OR TO BE PUBLISHED IN THE UNITED STATES OF
AMERICA, CANADA, AUSTRALIA OR JAPAN.
THE COMPANY SECURITIES DESCRIBED IN THIS PUBLICATION ARE NOT REGISTERED AND
ARE NOT INTENDED TO BE REGISTERED IN ACCORDANCE WITH THE VALID DRAFT OF THE
U.S. SECURITIES ACT OF 1933 AND MAY THEREFORE ONLY BE SOLD OR OFFERED FOR
SALE WITHIN THE UNITED STATES OF AMERICA ON THE BASIS OF A RULING
EXONERATING THEM FROM THE REGISTRATION OBLIGATION AS DEFINED BY THE
SECURITIES ACT OR BY THE LAW OF A FEDERAL STATE, OR IN THE EVENT OF THE
NON-APPLICABILITY OF SUCH REGULATIONS. NO PUBLIC OFFERING OF SECURITIES IS
TAKING PLACE IN THE UNITED STATES OF AMERICA.
Contact:
Contact: Schuler AG, Thomas Herrlinger, Head of Investor Relations, phone
+49 7161 66-204, Fax +49 7161 66-850, email:
thomas.herrlinger@schulergroup.com
15.07.2010 12:56 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: SCHULER AG
BahnhofstraÃe 41
73033 Göppingen
Deutschland
Phone: +49 (0)7161 66-8 59
Fax: +49 (0)716 166-9 07
E-mail: ir@schulergroup.com
Internet: www.schulergroup.com
ISIN: DE000A0V9A22, DE0007210601
WKN: A0V9A2, 721060
Indices: Fokus Baden-Württemberg: BWX M
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, München
End of News DGAP News-Service
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DGAP-Adhoc: SCHULER AG: Schuler successfully complete share issue
| Source: EQS Group AG