PVA TePla AG — Share Issue/Capital Change 2001

Sep 25, 2001

News Details

Ad-hoc | 25 September 2001 20:34

TePla AG english

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– TePla increases share capital The Management Board and Supervisory Board of TePla AG have decided in their meeting on September 25, 2001 on a cash-based share capital increase using authorized stock and excluding other subscription rights. A total of 680,000 new bearer shares are being issued. The issue price of 2.56 EUR per share is higher than the closing price on the day before the resolution, and higher than the average closing price during the past 40 days of stock market trading. As a result of this measure, the capital resources available to TePla are increased by around 1.7 million EUR. By rigorously executing its growth strategy, and despite the crisis currently afflicting the semiconductor market, the company succeeded during the first half of 2001 in enhancing its presence on that market, adding a number of big-name players to its clientele. Due to expansion of the Industrial/Medical business unit, the company meanwhile generates more than 50 percent of its sales revenue in less cyclical sectors of the economy. The additional capital flowing into the company as a result of the share capital increase provides a more robust financial basis for further implementation of corporate strategy. 80 percent of share capital increase will be financed by the Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG (DEWB), which had already invested in TePla as a provider of venture capital prior to the initial public offering in June 1999. The TePla Management Board will subscribe the remaining 20 percent of the share capital increase, thus acquiring almost 4 percent of the company’s stock and demonstrating as an investor its confidence in the strategy and products of TePla. end of ad-hoc-announcement (c)DGAP 25.09.2001 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: By subscribing 544,000 newly issued shares, DEWB increases its holding in TePla AG to more than 25 percent. An additional 136,000 shares will be subscribed in equal amounts by Friedrich G. Meyer, CEO of TePla AG, and Craig A. Walker, the CFO. In this way, the management is committing itself to the long-term success of TePla and underscores that commitment by imposing a 12-month lock-up period on the newly- issued shares. ——————————————————————————– WKN: 746100; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 252034 Sep 01