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FinLab AG — Capital/Financing Update 2007
Jun 4, 2007
5396_rns_2007-06-04_b4e436e6-fc19-4b99-93ea-bc5b4243cf82.html
Capital/Financing Update
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Corporate | 4 June 2007 19:25
Altira AG generates cash proceeds from capital increase of EUR 19.5 million
Altira AG / Capital Increase/Capital Increase
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
Altira AG successfully placed the capital increase of 380,000 new shares –
almost 10% of the authorised capital – with the exclusion of subscription
rights resolved on 4 June 2006 with German and international institutional
investors. The 380,000 new shares were issued at a price of EUR 51.30,
resulting in gross cash proceeds to the company of EUR 19.5 million. The
transaction was accompanied by Silvia Quandt Bank – a dependent branch of
biw Bank für Investments und Wertpapiere AG.
The objective of the capital increase is to strengthen equity and extend
the liquid funds available for potential acquisitions. What is more, as a
result of an expanded free float and the planned change to the Prime
Standard to the end of the year, management expects to become more
attractive, particularly for institutional investors.
+++ About ALTIRA
Altira is a diversified asset management group that operates in the
investment classes of private equity, public equity and real estate and
alternatives with several independent subsidiaries. Altira sees itself as a
growth platform whose network, infrastructure, management expertise and
capital resources can be used by the various asset management models
without them having to give up their own identity. Altira thus allows broad
diversified across various investment classes and customer groups and can
thereby achieve highly stable corporate revenues.
Altira AG
Juan Rodriguez
Head of Investor Relations
Grüneburgweg 18
60322 Frankfurt am Main
Tel.: +49 (0)69 - 719 159 66-405
Fax: +49 (0)69 - 719 159 66-303
E-mail: [email protected]
DGAP 04.06.2007
Language: English
Issuer: Altira AG
Grüneburgweg 18
60322 Frankfurt / Main Deutschland
Phone: +49 (0)69 713 7588 - 12
Fax: +49 (0)69 713 7588 - 11
E-mail: [email protected]
www: www.altira-ag.de
ISIN: DE0001218063
WKN: 121806
Indices:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service