Frankfurt/Main | December 19, 2013
euromicron AG adopts capital increase without subscription rights from authorized capital
The Executive Board of euromicron AG today decided – on the basis of the authorization adopted by the General Meeting on June 9, 2011, and with the consent of the Supervisory Board dated December 19, 2013, to carry out a capital increase in exchange for cash contributions, with partial use of the authorized capital and with exclusion of the subscription right of shareholders. The company’s capital stock of €17,037,017.44, which is divided into 6,663,799 registered shares, will be increased by an amount of €1,310,537.44 to €18,347,554.88 through the issue of 512,599 new registered shares at an amount of €13.86 per share. The new shares will be entitled to share in profits as of the beginning of fiscal year 2013. The subscription right of shareholders has been excluded pursuant to the authorization in Section 5 (4) Sentence 4 of the Articles of Association. The shares have been underwritten and taken over by Shard Capital Management Ltd., Gibraltar.
The proceeds of around €7,100,000.00 in gross are to strengthen the group’s equity base and fund its further growth.
euromicron AG (www.euromicron.de) is an all-round solution provider for communications, transport, data and security networks. euromicron’s network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies. euromicron builds leading applications, such as security, control, healthcare or surveillance systems, on the basis of these cutting-edge network infrastructures.
Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration, internationalization and expansion.