Beta Systems Software AG

euro adhoc: Beta Systems Software AG
Restructuring & Recapitalisations
Beta Systems releases details of its capital increase

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

14.09.2007

- Subscription period starts on September 19, 2007; subscription price is EUR 2.05 per share

Berlin, September 14, 2007 - With the approval of the Supervisory Board, the Management Board of Beta Systems Software AG (BSS, ISIN DE0005224406) has today determined the subscription period, the subscription ratio, and other details of the planned capital increase, as well as the conditions for issuing the shares. In accordance with a resolution passed by the Annual General Meeting of Beta Systems Software AG, held on May 23, 2007, the share capital of EUR 11,517,058.80, divided into 8,859,276 shares, is to be raised against cash contribution by up to EUR 5,758,529.40 to up to EUR 17,275,588.20 by issuing up to 4,429,638 new no-par value bearer shares each having a fractional share in the share capital of EUR 1.30 per share ("New Shares", ISIN DE000A0TGM68). A shareholder of the company has filed an action for rescission, which is currently still pending. The New Shares entitle to dividends as of January 1, 2007; they are planned to be admitted to the regulated market and a listing segment of the regulated market with additional admission obligations (Prime Standard) of the Frankfurt Stock Exchange in the fourth quarter.

The New Shares will be offered to the company´s shareholders for subscription as part of a non-public rights offer during the subscription period from September 19, 2007 up until (and including) October 2, 2007, in a ratio of two old shares to one new share at a price of EUR 2.05 per share by way of indirect subscription right. BHF-BANK Aktiengesellschaft, Frankfurt am Main, has been mandated to underwrite the New Shares with the obligation to offer these shares to the company´s shareholders. Subscription rights which are not exercised within the prescribed period shall expire without compensation. The rights offer is solely directed to shareholders of Beta Systems Software AG. There will be no trading of the subscription rights on the stock exchange.

In the event that the subscription rights are not exercised in full, Beta Systems Software AG shall be entitled to allot further New Shares to the owners of the subscription rights who have submitted a binding offer to purchase further New Shares at a purchase price of EUR 2.05 under same issuing conditions which apply to the exercising of the subscription rights.

Details of the execution of the capital increase have been set forth in the rights offer which is due to be published on September 18, 2007.

The rights offer and other information on the capital increase will also be available for downloading on the homepage under www.betasystems.de.

End of the ad-hoc release

Beta Systems Software AG - Agility Integrated Beta Systems Software AG Berlin (Prime Standard: BSS, ISIN DE0005224406) develops high-profile software products and solutions for the secure and efficient processing of large data volumes. The core businesses of Beta Systems are document processing as well as IT user management data processing in computer centers and compliance solutions. In addition, the Beta 4Agility suite offers large companies new integration products to enhance their agility in IT and business processes The products serve to simplify the automation of data and document processing and enhance the security and performance of IT.

Beta Systems was founded in 1983, has been a listed company since 1997, and has a workforce of more than 600 employees. The company´s principal place of business is Berlin. Beta Systems has Centers of Competence in Augsburg, Cologne and Calgary, as well as 17 subsidiaries worldwide and cooperations with numerous partner companies. With more than 3,000 running installations, it has a customer base of more than 1,300 major companies from the sectors of financial services and IT service providers and industry at large in Germany, Europe and the USA.

More information on the company and its products can be found under www.betasystems.de.

Disclaimer This information does not constitute an offer of securities for sale or solicitation of an offer to buy securities in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration requirements under the U.S. Securities Act of 1933, as amended. Beta Systems Software AG does not intend to register the securities described herein under the Securities Act, and will not publicly offer or sell such securities in the United States.

@@start.t2@@end of announcement                                                 euro adhoc 14.09.2007 12:36:31
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Beta Systems Software AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Stefanie Frey
Telefon: +49 (0)30 726-118 171
E-Mail: stefanie.frey@betasystems.com

Branche: Software
ISIN:      DE0005224406
WKN:        522440
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade



Weitere Meldungen: Beta Systems Software AG

Das könnte Sie auch interessieren: