Share Issue/Capital Change • Apr 4, 2012
Share Issue/Capital Change
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Corporate | 4 April 2012 08:30
HMS Bergbau AG decides on capital increase for further growth
HMS Bergbau AG / Key word(s): Capital Increase
04.04.2012 / 08:30
Corporate News dated 04 April 2012
HMS Bergbau AG decides on capital increase for further growth
Berlin, 04 April 2012: With the Supervisory Board's approval, the
Management Board of HMS Bergbau AG - an international coal supplier with
operating know-how of coal mining, transport and trade - has decided to
increase the Company's share capital excluding subscription rights.
Utilising the authorised capital in accordance with Section 4 (4) of the
Articles of Association, the Company's share capital will be increased by
EUR 370,000 from EUR 4,000,000.00 to a maximum of EUR 4,370,000 against
cash contributions. The Company intends to do so by issuing 370,000 new
common bearer shares (no-par shares) with a pro rata amount of the share
capital of EUR 1.00 per new share. Majority shareholder ICHOR Coal N.V. is
the applicant for the new shares.
The new shares have full dividend rights for the 2012 financial year at a
subscription price of EUR 8.10 per no-par share. The gross proceeds of EUR
3.0 million from the issue will serve to finance HMS Bergbau AG's future
growth.
'Besides strengthening our equity base, the involvement by our major
shareholder ICHOR Coal N.V. gives us further financing possibilities that
go beyond traditional trade financing. This investment expansion is also a
further sign of trust in HMS Bergbau AG's expertise and operating
know-how,' says Heinz Shernikau, CEO of HMS Bergbau AG.
About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is an independent coal trading house
specializing in just-in-time deliveries of thermal coal to power plants and
other industrial consumers. The company is one of the leading coal trading
companies in Germany and markets its products to renowned consumers
worldwide. HMS is actively expanding its activities to span coal production
and logistics solutions primarily in Asia. HMS has been listed at Germany's
Frankfurt Stock Exchange since December 2008.
Company contact:
HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
T.: +49 (30) 65 66 81-0
F: +49 (30) 65 66 81-15
Email: [email protected]
URL: www.hms-ag.com
HMS Investor Relations contact:
GFEI Aktiengesellschaft
Am Hauptbahnhof 6
60329 Frankfurt am Main
T.: +49 (69) 74 30 37-00
F.: +49 (69) 74 30 37-22
Email: [email protected]
End of Corporate News
04.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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163815 04.04.2012
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