DGAP-News: Advanced Inflight Alliance AG successfully comples capital increases and acquisition of minority stake in Row 44 Inc.


DGAP-News: Advanced Inflight Alliance AG / Key word(s): Corporate
Action/Acquisition
Advanced Inflight Alliance AG successfully comples capital increases
and acquisition of minority stake in Row 44 Inc.

02.07.2012 / 12:15

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Corporate News/Press Release

Advanced Inflight Alliance AG successfully completes capital increases and
acquisition of minority stake in Row 44 Inc.

- Capital increase in kind executed in the course of the acquisition of the
minority stake in Row 44 Inc. entered into commercial register
- Acquisition of minority stake in Row 44 Inc. completed 
- Cash capital increase also entered into commercial register

Munich, July 02, 2012 - Advanced Inflight Alliance AG (ISIN DE0001262186,
WKN 126218, located at Schellingstr. 35, 80799 Munich) has successfully
executed the acquisition of the minority stake in Row 44 Inc. that was
announced in an adhoc-release on May 29, 2012. The registry court in charge
did enter the resolved capital increase in kind to finance the transaction
into the commercial register on July 02, 2012. Therefor the transaction is
formally finalized.

Furthermore, the registry court in charge also entered the cash capital
increase also resolved on May 29, 2012 into the commercial register on
June 26, 2012. The new shares generated in the course of the cash capital
increase were admitted for trading in the regulated market (General
Standard) at the Frankfurt Stock exchange on June 27, 2012.

After the execution of both capital increases the share capital of Advanced
Inflight Alliance AG was increased from EUR 16,688,091.00 by EUR
7,109,402.00 to now EUR 23,797,493.00.
 
Advanced Inflight Alliance AG

The Board of Directors


End of Corporate News

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02.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                                                
Company:     Advanced Inflight Alliance AG                          
             Schellingstr. 35                                       
             80799 München                                          
             Germany                                                
Phone:       +49 (0)89 613805-0                                     
Fax:         +49 (0)89 613805-55                                    
E-mail:      info@aialliance.com                                    
Internet:    www.advanced-inflight-alliance.com                     
ISIN:        DE0001262186                                           
WKN:         126218                                                 
Listed:      Regulierter Markt in Frankfurt (General Standard);     
             Freiverkehr in Berlin, Düsseldorf, München, Stuttgart  
 
 
End of News    DGAP News-Service  
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