Grammer AG / Key word(s): Capital Increase
13.04.2011 17:51
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.
---------------------------------------------------------------------------
This document is not for distribution, broad publication, or forwarding
in or to the USA, Canada, Japan or Australia.
Notification pursuant to section 15 of the Securities Trading Act - WpHG
(Ad hoc version)
GRAMMER AG: Capital increase resolved
Amberg, April 13, 2011 - Grammer AG (WKN 589540, ISIN DE0005895403),
specialist for seating systems and automotive interiors, has resolved today
on a capital increase from the company's authorised capital of up to
1,049,515 new shares with a nominal value of up to EUR 2,686,758.40 against
cash contributions in conjunction with an exclusion of current
shareholders' subscription rights.
The new shares will be issued in an accelerated bookbuilding procedure and
carry full dividend rights for fiscal year 2011.
Global coordinator and sole bookrunner for the transaction is Baader Bank
Aktiengesellschaft. M.M.Warburg & CO will act as co-lead manager.
This capital increase is the first step in implementation of the new
financing strategy. The proceeds will strengthen the equity base of the
company and improve the balance sheet. The measure will also give Grammer
additional flexibility for investment in research and development of
technologies and processes as well as capital to finance acquisitions and
working capital.
Grammer Aktiengesellschaft
The Executive Board
For more information, please contact:
GRAMMER AG
Ralf Hoppe
Phone: +49 9621/662200
Fax: +49 9621/6632200
E-mail: Ralf.Hoppe@grammer.com
or visit our company website www.grammer.com
ISIN: DE0005895403 (SDAX)
WKN: 589540
Listed: Official trading in Frankfurt (Prime Standard) and Munich
OTC trading in Stuttgart, Berlin and Hamburg
-------------------------------------------
This publication constitutes neither an offer to sell nor a solicitation to
buy shares of Grammer AG.
This document is not an offer of securities for sale or a solicitation of
an offer to purchase securities in the United States. The shares of Grammer
AG (the 'Shares') have not been registered under the U.S. Securities Act of
1933, as amended (the 'Securities Act') and may not be offered or sold in
the United States unless registered under the Securities Act or pursuant to
an exemption from such registration. There will be no public offering of
the Shares in the United States and the Shares will not be registered under
the Securities Act.
This document is only being distributed to and is only directed at persons
who (i) are outside the United Kingdom or (ii) are investment professionals
falling within Article 19(5) or persons falling within Article 49(2)(a) to
(d) of the Financial Services and Markets Act 2000 (Financial Promotion)
(all such persons together being referred to as 'relevant persons'). The
Shares are only available to, and any invitation, offer or agreement to
subscribe, purchase or otherwise acquire such securities will be engaged in
only with, relevant persons. This announcement is directed only at relevant
persons and must not be acted on or relied on by persons who are not
relevant persons.
This document has been delivered to you on the basis that you are a person
into whose possession this document may be lawfully delivered in accordance
with the laws of the jurisdiction in which you are located and you may not
deliver this document to any other person and you agree not to copy or
retransmit this document or its contents. In particular, this document may
not be forwarded or retransmitted to any person located in the United
States, Canada, Japan or Australia.
GRAMMER Investor Relations
Ralf Hoppe
Telephone: +49-9621/66-2200
Telefax: +49-9621/66-32200
Email: ralf.hoppe@grammer.com
13.04.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Deutschland
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: investor-relations@grammer.com
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: Grammer AG: Capital increase resolved
| Source: EQS Group AG