Share Issue/Capital Change • Jan 31, 2006
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 31 January 2006 07:06
Norddeutsche Affinerie AG: Norddeutsche Affinerie launches capital increase
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Hamburg, 31 January 2006 – Norddeutsche Affinerie AG plans to place up to 3,340,919 million shares from a capital increase. The Executive Board and Supervisory Board of Norddeutsche Affinerie AG have decided to increase the subscribed capital of the company, on the basis of the authorisation given at the Annual General Meeting on 31 March 2005, against contribution in cash of up to 10 %, with the exclusion of preemptive rights. The shares will be placed through an accelerated bookbuilding process to German and international institutional investors. Dresdner Kleinwort Wasserstein is acting as sole bookrunner for the transaction. The issue price and the placement volume of the shares will be published in a separate ad-hoc announcement. The proceeds from the capital increase is intended to be primarily used to enhance the company’s performance by the prospected construction of its own power plant at the headquarters in Hamburg and, in particular, to realise international projects, such as the intended joint venture in China, as well as for the planned capacity expansion at the Hamburg site. This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States without registration with the U.S. Securities and Exchange Commission if no exemption from registration has been issued. The issuer does not plan to register the securities for sale to the public in the United States. (c)DGAP 31.01.2006 ————————————————————————— language: English emitter: Norddeutsche Affinerie AG Hovestraße 50 20539 Hamburg Deutschland phone: +49 (0)40 78 83-0 fax: +49 (0)40 78 83-22 55 email: [email protected] WWW: www.na-ag.com ISIN: DE0006766504 WKN: 676650 indexes: MDAX stockmarkets: Amtlicher Markt in Frankfurt, Hamburg; Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.