euromicron AG / Key word(s): Capital Increase
29.11.2011 17:40
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.
---------------------------------------------------------------------------
Frankfurt/Main, November 29, 2011 - The Executive Board and Supervisory
Board of euromicron AG decided today to increase the capital stock of the
company by a total of 1,537,800 registered shares with an entitlement to a
share in profits as of January 1, 2011, in exchange for cash contributions.
As part of the offer for subscription that was concluded as scheduled on
November 28, 2011, the shareholders of euromicron AG have taken up all
1,537,800 new shares by exercising their subscription rights or by
acquiring additional shares. The ratio at which the rights to subscribe to
1,106,891 shares were exercised was 72%, meaning 430,909 (approximately
28%) new shares were available for additional acquisition. Applications for
additional acquisition of a total of 1,221,237 new shares were submitted.
Due to this high oversubscription, every valid application for additional
acquisition of shares will receive around 35.29 percent.
The proceeds from the capital increase of around EUR24.6 million will
mainly be used to strengthen the capital structure, increase the equity
ratio and reduce borrowings from interim financing of the acquisition of
telent GmbH and so enhance euromicron's financial flexibility.
When the capital increase is entered in the commercial register, which is
expected to be done on December 1, 2011, the company's capital stock will
increase to EUR17,037,017.44 and the total number of shares issued by it to
6,663,799. The new shares are expected to be delivered and billed on
Monday, December 5, 2011, but at the earliest after they have been admitted
to listing on the stock exchange.
The capital increase and the process for admitting and including the shares
in official stock market trading, for which no prospectus has been issued,
is accompanied by equinet Bank AG.
euromicron AG
SpeicherstraÃe 1
60327 Frankfurt/Main
Germany
Contact: Investor Relations
Phone: +49 (0)69 / 631583-0
Fax: +49 (0)69 / 631583-20
IR-PR@euromicron.de
www.euromicron.de
29.11.2011 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: euromicron AG
Speicherstr. 1
60327 Frankfurt
Germany
Phone: +49(0) 69 631583-0
Fax: +49(0) 69 631583-20
E-mail: info@euromicron.de
Internet: www.euromicron.de
ISIN: DE000A1K0300
WKN: A1K030
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Stuttgart
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: euromicron AG successfully completes stock placement
| Source: EQS Group AG