Kontron S&T AG
Successful completion of cash capital increase
DGAP-News: Kontron AG / Key word(s): Capital Increase Kontron AG increased its share capital by 10% to EUR 61,251,325.00 against cash contributions excluding subscription rights Augsburg, April 27, 2017 – Kontron, a leading global provider of Embedded Computing Technology (ECT), successfully completed its cash capital increase on April 24, 2017 with the entry in the competent commercial register at the Amtsgericht Augsburg. This capital increase in cash served the generation of additional liquidity. Based on the “Authorized Capital 2015”, created by the shareholders’ meeting 2015, and with consent of the supervisory board, the share capital of Kontron AG was increased from currently EUR 55,683,024.00 by EUR 5,568,301.00 to EUR 61,251,325.00 against cash contributions. This was executed by issuance of 5,568,301 new bearer shares (the “New Shares”) having a pro rata amount of the share capital of EUR 1.00 per share with dividend right as of 1 January 2016. Excluding subscription rights of the existing shareholders the New Shares were subscribed for a subscription price of EUR 3.02 by S&T Deutschland Holding AG, Ismaning, holding currently approx. 36,3 % of the share capital of Kontron AG. Kotnron AG cashed in approx. EUR 16.8 million (gross) from this capital increase.
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27.04.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Kontron AG |
Lise-Meitner-Straße 3-5 | |
86156 Augsburg | |
Germany | |
Phone: | 00498214086114 |
Fax: | 00498214086122 |
E-mail: | Alexandra.Habekost@kontron.com |
Internet: | www.kontron.com |
ISIN: | DE0006053952 |
WKN: | 605395 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |