Share Issue/Capital Change • Dec 10, 2010
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
The extraordinary shareholders' meeting of Lenzing AG today unanimously resolved upon a seven-for-one share split. Furthermore, the shareholders with 99,9 % of the vote resolved upon the creation of authorized capital to issue new shares against cash or contribution in kind, as well as the creation of conditional capital to issue convertible bonds, both with the authorization for the management board to exclude shareholders' subscription rights under certain conditions with the approval of the supervisory board.
The share split fulfills the long-standing request to facilitate trading in the Lenzing share. The resolutions concerning authorized and conditional capital provide Lenzing AG with a high degree of flexibility to support the future growth of the company.
Further inquiry note: Lenzing AG Mag. Angelika Guldt Tel.: +43 (0) 7672-701-2713 Fax: +43 (0) 07672-96301 mailto:[email protected]
issuer: Lenzing AG
A-A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: [email protected] WWW: http://www.lenzing.com sector: Chemicals ISIN: AT0000644505 indexes: WBI stockmarkets: free trade: Berlin, official market: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.