DGAP-Adhoc: HCI Capital AG: HCI Capital AG resolves on capital increase for cash


HCI Capital AG  / Key word(s): Capital Increase

12.05.2011 10:32

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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The Management Board of HCI Capital AG resolved today, with the approval of
the Supervisory Board, to increase the subscribed capital of EUR
29,354,116.00 by EUR 7,338,529.00 to EUR 36,692,645.00 by issuing 7,338,529
new no-par value registered shares (each corresponding to EUR 1.00 of
subscribed capital) ('New Shares') for subscription in cash by way of a
partial use of its authorised capital. HCI Capital AG will receive gross
proceeds of around EUR 11 million from the capital increase. With this
capital increase the HCI Group successfully completes its restructuring
measures and strengthens its capital base considerably.

The New Shares are fully entitled to dividends as of 1 January 2010. They
will be offered to the shareholders of HCI Capital AG by way of an indirect
subscription right by COMMERZBANK Aktiengesellschaft as issuing bank with a
subscription ratio of 4 : 1 - i.e. four (4) existing shares entitle the
bearer to purchase one (1) new share - at a price of EUR 1.50. The
subscription period is expected to begin on 16 May 2011 and to end on 30
May 2011 (inclusive). The New Shares will be solely offered to the
Company's existing shareholders. Trading in the subscription rights will
not be provided for.

Any new shares which are not subscribed based on the subscriptions rights
can only be purchased by existing shareholders by way of a supplemental
subscription at the same subscription price. Binding offers for any such
supplemental subscriptions must be made during the subscription period.
Details are to be set forth in the subscription offer that is expected to
be published on 13 May 2011.

The main shareholders MPC Münchmeyer Petersen Capital AG and the Döhle
Group have undertaken to participate in the capital increase and to cover
the entire envisaged volume of the issuance, subject to and taking into
account the subscription rights and supplemental subscription rights of
other shareholders.

Contact:
HCI Capital AG
Dr. Olaf Streuer
Head of Corporate Communication / Business Development
Tel: +49 40 88 88 1 1100
olaf.streuer@hci-capital.de




12.05.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      HCI Capital AG
              Burchardstraße 8
              20095 Hamburg
              Deutschland
Phone:        +49 (0)40 88881-0
Fax:          +49 (0)40 88881-199
E-mail:       ir@hci-capital.de
Internet:     www.hci-capital.de
ISIN:         DE000A0D9Y97, DE000A1EWVW2
WKN:          A0D9Y9, A1E WVW
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
              Freiverkehr in Berlin, Düsseldorf, Hannover, München,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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