Hannover Rueck SE

Share Issue/Capital Change • Nov 28, 2001

News Details

Ad-hoc | 28 November 2001 09:53

Hannover Rückvers. english

Hannover Re plans increase in stockholders’ equity of EUR 194.3 million Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– The Boards responsible for Hannover Re decided today to increase the company’s capital stock by EUR 7,305,749.99 to EUR 82,798,545.89 through the issue of 2,857,761 new, registered no-par value shares. The new shares will be issued with a subscription ratio of 31:3 and at a subscription price of EUR 68.00 per share. The subscription period will extend from 5 to 18 December 2001. The main shareholder, HDI, will subscribe through its intermediate holding company Talanx AG 75% of the new shares in proportion to its existing shareholding. The new shares will carry full dividend rights for the entire 2001 financial year. Further information is to be found in a press release issued today by Hannover Re. Contact: Ralf Arndt, tel. 05 11 / 56 04-15 00, e-mail: ralf.arndt@hannover- re.com end of ad-hoc-announcement (c)DGAP 28.11.2001 ——————————————————————————– WKN: 840221; Index: MDAX Listed: Amtlicher Handel in Hannover, Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München, Stuttgart 280953 Nov 01