INTERSHOP Communications AG — Capital/Financing Update 2007

Jul 26, 2007

News Details

Ad-hoc | 26 July 2007 16:28

Intershop Communications AG Implements Cash Capital Increase

Intershop Communications AG / Capital Increase

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Jena, July 26, 2007 – Intershop Communications AG (Prime Standard: ISH2)
today announced the resolutions by the Company’s Management Board and
Supervisory Board to implement a cash capital increase from authorized
capital while disapplying stockholders’ pre-emptive rights by issuing 1.6
million new no-par value bearer shares. A number of investors, who will
each acquire tranches of at least 50,000 shares, were admitted to subscribe
for the new shares at an issue price of EUR 3.00 per share. Pricing is
based on the average XETRA daily closing price at the Frankfurt Stock
Exchange in a five banking day reference period preceding the resolutions.
Application will be made shortly to enter the capital increase in the
commercial register and to admit the new shares to trading on the stock
exchange. Intershop’s capital action will increase its free liquidity by
EUR 4.8 million. Thus provide the new management with the financial
capacity for concluding restructuring and the active expansion of the
fulfillment business area.
The issue of the new shares will increase the total number of Intershop
ordinary bearer shares issued and in circulation by 1,600,000 from
22,750,821 to 24,350,821.
DGAP 26.07.2007

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Language: English
Issuer: Intershop Communications AG
Intershop Tower
07740 Jena Deutschland
Phone: +49 (0)3641-50-0
Fax: +49 (0)3641-50-1002
E-mail: ir@intershop.de
Internet: www.intershop.de
ISIN: DE000A0EPUH1, DE000A0C4ZE3
WKN: A0EPUH, A0C4ZE
Indices: CDAX, PRIMEALL, TECHALLSHARE
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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