German Values Property Group AG — Capital/Financing Update 2004

Feb 16, 2004

News Details

Ad-hoc | 16 February 2004 10:49

Travel24.com AG issues another capital increase

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Travel24.com AG issues another capital increase Munich, 16 February 2004 – The Board of Management of Travel24.com AG has decided, with the approval of the Supervisory Board, to implement a capital increase for cash, thus increasing the share capital by 1.15m to 12.75m shares. The shares were placed with private and institutional investors at a price of EUR 1.10 by VEM Aktienbank AG, Munich. The proceeds of the capital increase amount to EUR 1.265m. The registration with the Commercial Regitry and the listing of the new shares will be filed for shortly. Through this measure, the financing limit announced in the ad hoc-release dated 17 December 2003 is provided in form of equity. end of ad-hoc-announcement (c)DGAP 16.02.2004 ——————————————————————————– WKN: 748750; ISIN: DE0007487506; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, München und Stuttgart 161049 Feb 04