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Softing AG — Capital/Financing Update 2005
Feb 11, 2005
405_rns_2005-02-11_3872d091-37bd-4378-8d0b-69a0b2828b80.html
Capital/Financing Update
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Ad-hoc | 11 February 2005 16:27
Softing AG, Haar, resolves and places 10% cash capital increase
Ad hoc announcement §15 WpHG capital increase Softing AG, Haar, resolves and places 10% cash capital increase Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— The Executive Board of Softing AG (ISIN 517800 SYT) today resolved to utilize the authorized capital in accordance with § 4 para. 4 of its Articles of Incorporation to carry out a capital increase, excluding subscription rights, by 499,998 shares. The capital increase was approved by the company’s Supervisory Board today. The shares were placed with institutional investors at a price of EUR 2.22 per no-par value share. This corresponds to a total value EUR 1,109,995.56. Entry of the capital increase in the commercial register at the Munich local court and the application to have the new shares listed will be initiated immediately. After carrying out the capital increase, the share capital is EUR 5,499,998.00. It is divided into 5,499,998 no-par value shares. With this measure, Softing AG strengthens its equity base and creates additional leeway for financing its planned growth. Softing AG Richard-Reitzner-Allee 85540 Haar Deutschland ISIN: DE0005178008 WKN: 517800 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart End of ad hoc announcement (c)DGAP 11.02.2005 111627 Feb 05