Kontron (vormals S&T) - DJ DGAP-Adhoc: Quanmax AG increases share capital by issuing new shares carrying pre-emptive subscription rights

KONTRON (VORMALS S&T)

21,52 EUR -0,55 %
→ Chart → Stammdaten → Forum

21,52 EUR -0,55%
Hoch 21,74 Tief 21,48 Vortag 21,64
 
Quanmax AG  / Key word(s): Capital Increase 
 
01.12.2011 11:14 
 
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted 
by DGAP - a company of EquityStory AG. 
The issuer is solely responsible for the content of this announcement. 
 
=-------------------------------------------------------------------------- 
 
Quanmax AG increases share capital by issuing new shares carrying 
pre-emptive subscription rights 
 
  - Pre-emptive subscription right 1 new share at EUR 1.70 for each 9 old 
    shares 
  - The management and major core shareholders guarantee 90% of the capital 
    increase 
  - Capital measure finances the acquisition of S&T 
 
Linz, 1st December 2011. On 1st December 2011, the Management Board of 
Quanmax AG decided to increase S&T's share capital by means of authorised 
capital after having obtained the Supervisory Board's consent on the same 
day. In the course of this capital increase, the share capital of Quanmax 
AG of currently EUR 24,127,298.00, divided into 24,127,298 non-par value 
bearer shares with a pro rata amount of the share capital of EUR 1.00 per 
share, is increased in return for a cash contribution by an amount of up to 
EUR 2,680,810.00 to up to EUR 26,808,108.00 by issuing up to 2,680,810.00 
new non-par value bearer shares with an arithmetical share in the share 
capital of EUR 1.00 per share ('New Shares'). The New Shares entitle the 
shareholders to a share in profits as of 1st January 2011. The New Shares 
are issued for a subscription price of EUR 1.70 per share. Only existing 
shareholders of the company are permitted to subscribe for the New Shares. 
The pre-emptive subscription rights may be transferred within the group of 
these shareholders. Pre-emptive subscription rights are not exchange 
traded. The subscription ratio is 9 : 1, i.e. nine (9) old shares entitle 
the shareholder to one (1) New Share. Where, as a result of the 
subscription ratio, shareholders are notionally entitled to fractions of 
shares, they are not entitled to New Shares or a cash payment in respect of 
the arising residual amounts. 
 
The subscription period for the New Shares starts on 4 December 2011 and 
ends on 16 December 2011, 12:00 p.m. (CEST) Any New Shares offered for 
subscription, but not subscribed for, within the subscription period may be 
purchased exclusively by the shareholders at the subscription price under 
the so-called 'oversubscription privilege'. Each shareholder entitled to 
exercise subscription rights may make a binding offer for the purchase of 
New Shares in addition to the New Shares which he is entitled to subscribe 
for in accordance with the subscription ratio applicable to his old shares. 
Where, due to high demand for New Shares, it is not possible to allot all 
additional New Shares to all shareholders wishing to subscribe for them, 
offers for the purchase of additional New Shares will be taken into account 
in proportion to the ratio at which the statutory subscription rights were 
exercised, until the total cash capital increase volume referred to in 
clause 1 has been exhausted. The major core shareholders and the management 
have committed themselves to subscribe for up to 90% of the capital 
increase if not all subscription rights are exercised. 
 
Each shareholder may exercise his subscription right via his custodian bank 
with VEM Aktienbank AG, Munich. VEM Aktienbank AG has committed itself to 
subscribe for all New Shares under a subscription agreement, to offer them 
for subscription by the shareholders by means of an indirect subscription 
right and to allot the shares subscribed for to the shareholders in return 
for payment of the subscription price according to the extent to which they 
have exercised their subscription rights after registration of the capital 
increase in the commercial register. The shareholder must pay the 
subscription price of EUR 1.70 per New Share via his custodian bank to VEM 
Aktienbank AG within the subscription period. 
 
In total, the company may generate cash funds of up to EUR 4.5 million. The 
funds from the capital increase will strengthen the financial position of 
Quanmax AG and contribute to the total funding of the acquisition of S&T 
AG. 
 
The offer for subscribing for shares of Quanmax AG is not a public offer. 
It is exclusively addressed to already existing shareholders of Quanmax AG. 
 
 
01.12.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de 
 
=-------------------------------------------------------------------------- 
 
Language:     English 
Company:      Quanmax AG 
              Industriezeile 35 
              4021 Linz 
              Austria 
Phone:        +43 (732) 7664 - 0 
Fax:          +43 (732) 7664 - 801 
E-mail:       ir@quanmax.ag 
Internet:     www.quanmax.ag 
ISIN:         AT0000A0E9W5 
WKN:          A0X9EJ 
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr 
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart 
 
End of Announcement                             DGAP News-Service 
 
=-------------------------------------------------------------------------- 
 

(END) Dow Jones Newswires

December 01, 2011 05:15 ET (10:15 GMT)




ATX (Wiener Börse Index) : 5875.81 +0.2% ATX Intraday Chart Börse Wien
          [Aktienkurse >>]

BÖRSE-NEWS
Fabasoft — Fabasoft beschließt Aktienrückkauf
Addiko Bank — Addiko-HV - Unzufriedenheit über Dividendenblockade
Allgemeines — Hipp-Rückruf - Ermittlung wegen Erpressung, noch ein Glas in Umlauf
Allgemeines — Hipp-Rückruf - Ermittlung wegen Erpressung, noch ein Glas in Umlauf
OMV — OMV holt sich 56.000 Tonnen Rohöl aus der Notstandsreserve
Semperit — Semperit - Warburg erhöht Kursziel von 21 auf 22 Euro
OMV — Spritpreisbremse - SPÖ erneuert Kritik an OMV-Vorgehen
Allgemeines — Hipp-Rückruf: Sichergestelltes Glas im Burgenland enthielt Rattengift
Allgemeines — Hipp-Rückruf: Laut Ministerium möglicherweise Rattengift beigemengt
Allgemeines — Rückruf aller HiPP-Gläser bei Spar - Ermittlungen wegen Manipulation
Erste Group Bank — Drei neue Aufsichtsratsmitglieder für die Erste Group
Semperit — Semperit erwartet gutes erstes Quartal - Jahresprognose unverändert
Allgemeines — wiiw: Exporte nach Indien steigen wegen Handelsabkommen kräftig
Miba Vz — Technologiegruppe Miba mit Rekordumsatz von mehr als 1,2 Mrd. Euro
   [weitere News >>]