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KRONES AG — Share Issue/Capital Change 2007
Aug 20, 2007
251_rns_2007-08-20_d001ab47-8b68-43f9-9f77-e06e47ea2b80.html
Share Issue/Capital Change
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Corporate | 20 August 2007 13:28
KRONES AG: KRONES stock split to take effect on 22 August
Krones AG / Miscellaneous/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.
20 August 2007
Krones stock split to take effect on 22 August
On 22 August 2007 the stock split approved by Krones AG’s AGM will take
effect, at a ratio of 1 to 3. Following the capital increase from company
funds, from this date onwards three shares will take the place of one
previous share. As from 22 August 2007, the Krones stock will be listed 'ex
split'. This means that mathematically the price will be reduced, but this
will not affect the total value for the shareholders.
The custodian banks will rebook the portfolios in accordance with their
status on 21 August 2007 (evening). Each shareholder will receive two
additional new shares for one old one. The change-over procedure for the
securities accounts will be handled automatically, and is free of charge
for the shareholders.
With the stock split, Krones is aiming to encourage trading in its
shares,and render the stock even more attractive to small investors.
Your contact person:
Hermann Count of Castell-Rüdenhausen
Head of Corporate Communications, Krones AG
Tel.: +49 9401 703258
Mobile: +49 170 6305916
Email: [email protected]
Contact:
Hermann Graf zu Castell-Rüdenhausen
Leiter Corporate Communications - Investor Relations
Tel.: +49 (0) 9401 - 703258
E-Mail: [email protected]
DGAP 20.08.2007
Language: English
Issuer: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Deutschland
Phone: +49 (0)9401 703258
Fax: +49 (0)9401 703786
E-mail: [email protected]
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service