Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Kontron AG (formerly S&T AG) Share Issue/Capital Change 2014

Jul 4, 2014

802_iss_2014-07-04_b3b36eeb-4b8d-4508-8358-91e763d0ed58.pdf

Share Issue/Capital Change

Open in viewer

Opens in your device viewer

EANS-Adhoc: S&T AG successfully places cash capital increase

ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

Capital measures

Linz, July 4, 2014. S&T AG (CUSIP A0X9EJ) has successfully placed its announced capital increase under the exclusion of shareholder subscription rights. The company's share capital at 39,337,459 shares is to be increased by placement 3,933,745 shares with qualified investors and other selected investors to 43,271,204 shares. The placement price is EUR 2.80 and thus is not significantly lower than the market price. The relevant market price was calculated on the basis of the closing prices of the shares in XETRA trading on the Frankfurt Stock Exchange in the past ten trading days. The no-par value shares were placed with qualified investors and other selected investors in an accelerated bookbuilding. The company will receive gross proceeds from the capital increase of EUR 11.0 million. The transaction was significantly oversubscribed.

The funds generated will be used to strengthen the financial situation and equity of S&T AG with a view to continued organic and an-organic growth of the company.

Further inquiry note:
[email protected]; +431801911125;
issuer: S&T AG
Industriezeile 35
A-4021 Linz
phone: +43 664 6119214
FAX: +43 1 80191 1290
mail: [email protected]
WWW: www.snt.at
sector: Computing & Information Technology
ISIN: AT0000A0E9W5, DE000A1HJLL6
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt
language:
English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service