Share Issue/Capital Change • Jun 10, 2015
Share Issue/Capital Change
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publication: 10.06.2015 10:05 source: http://adhoc.pressetext.com/news/1433923500742 keywords: CROSS Industries AG / prime market / Vienna Stock Exchange
Adhoc announcement according to article 48d section 1 BörseG
Wels (pta015/10.06.2015/10:05) - * shares trading in the prime market segment as of 22 June 2015
* private placement to increase the freefloat structured
* intended repurchase of bonds (ISIN AT0000500913)
The shares of CROSS Industries AG will be traded in the prime market segment of the Vienna Stock Exchange as of 22 June 2015 (ISIN AT0000820659). In June 2015, the core shareholder Pierer Industrie AG will place more than 20% of the company's share capital to free float shareholders in the course of a "private placement" which is not subject to the approval and publication of a prospectus.
CROSS Industries AG intends to restructure its financing. In this context, the company intends to prematurely repurchase the EUR 60,000,000 subordinated 6.875% bonds, which bear a fixed respectively variable interest rate and do not have a fixed term, (ISIN AT0000500913) and to publish a respective tender offer. The details of a potential tender offer will be published after the respective corporate decisions have been taken.
This announcement neither constitutes an offer to sell securities nor an invitation to submit an offer to buy securities of CROSS Industries AG.
In case of questions please contact: Mag. Michaela Friepeß
Investor Relations
| emitter: | CROSS Industries AG Edisonstraße 1 4600 Wels Austria |
|---|---|
| contact person: | Mag. Michaela Friepeß |
| phone: | +43 7242 69402 |
| e-mail: | [email protected] |
| website: | www.crossindustries.at |
| ISIN(s): | AT0000500913 (bond), AT0000820659 (share), AT0000A0WQ66 (bond) |
| stock exchanges: | official trade in Vienna; open market (free market) in Frankfurt |
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