Share Issue/Capital Change • Jun 30, 2009
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
News Details
Corporate | 30 June 2009 08:00
ARAGON AG: Aragon successfully completes placement of new rights issue from authorised capital
ARAGON AG / Miscellaneous
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.
Aragon successfully completes placement of new rights issue from
authorised capital
Very high participation of shareholders
Over EUR 8 million new capital for further expansion
Aragon Aktiengesellschaft has successfully completed its capital increase
for cash contributions with subscription rights totalling 1,033,316 bearer
ordinary shares (no-par shares) with a very high participation of the
shareholders. On the basis of a subscription price of EUR 8.00 per new
share the gross inflow of funds into the company exceeds EUR 8 million. The
demand of the non-subscribed shares as part of the so called Rump Placement
was significantly high. Therefore the placement of the non-subscribed
shares could be closed ahead of schedule on Monday 29 June at 5 pm.
The new shares have full entitlement to dividend payments from 1 January
2009. Inclusion of the new shares under the existing listing on the
Frankfurt stock exchange (ISIN DE000A0B9N37) is scheduled for 8 June 2009.
The capital increase was arranged by Silvia Quandt & Cie. AG as the lead
manager.
Dr. Sebastian Grabmaier, CEO of Aragon AG, commented: 'We thank all
shareholders who exercised their subscription rights as well as all new
investors for the trust they have placed in the sustainability of our
business model'.
Wulf Schütz, COO of Aragon AG, added: 'The very high subscription and the
considerable oversubscription of the non-subscribed new shares as part of
the Rump Placement confirm our successful development during this market
phase. The new funds will further strengthen our capital base and also
expand our options as part of our buy-and-build strategy. This will
consolidate our leading position in the process of concentration within the
financial sales market and enable us to emerge from the current difficult
market conditions as the winner.'
About Aragon AG
Aragon AG is a broadly diversified financial services company, with the
divisions: Broker Pools, Financial Consulting, Institutional Sales and
Holding. Aragon is active in the marketplace with multiple independent
subsidiaries. The company's aim is to integrate various distribution models
under one roof, without disturbing the individual identity of each sales
company. The result is a wide diversification across various asset classes
and distribution types, which generates a high stability in corporate
earnings. Further information about the company and its subsidiaries can be
viewed on the website: www.aragon.ag.
Contact:
Aragon Aktiengesellschaft
Ralf Funke
Investor Relations
Tel.: +49(0)611 890 575-0
Fax: +49(0)611 890 575-99
E-Mail: [email protected]
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.