HTI High Tech Industries AG

euro adhoc: HTI - High Tech Industries AG
Mergers - Acquisitions - Takeovers / HTI AG OBTAINS APPROVAL OF THE ANTI-TRUST AUTHORITIES TO THE ACQUISITION OF THE LINZ-BASED HITZINGER GROUP

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30.07.2008

After the anti-trust authorities had approved the acquisition of the Hitzinger Group, the HTI Management Board resolved on a capital increase out of its authorized capital

St. Marien, Austria, July 30, 2008. HTI High Tech Industries AG announces that the anti-trust authorities have approved the acquisition of a 100% stake in Elektromaschinen Bau GmbH (EMB) and a majority shareholding (80%) in the Hitzinger Group, agreed on 12 June 2008. In connection with the acquisition of the Hitzinger Group the HTI Management Board has resolved on an increase of the company´s share capital by issuing 600,000 new shares against a contribution in-kind at the issue price of EUR 3.25 per share and under exclusion of the subscription rights of the current shareholders. The reasons for the exclusion of the subscription rights have been published on the company´s website under http://www.hti-ag.at/de/investor-relation s/publikationen/sonstige-publikationen/.

For more information on HTI AG, refer to its corporate website at www.hti-ag.at

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ots Originaltext: HTP High Tech Plastics AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
HTI High Tech Industries AG
Ms. Nadja Goyer
Investor Relations
Tel:    +43 (0) 3862 304-8562
Fax:  +43 (0) 3862 304-7598
n.goyer@hti-ag.at

Branche: Holding companies
ISIN:      AT0000764626
WKN:        A0DQ9W
Index:    WBI
Börsen:  Wiener Börse AG / official market



Weitere Meldungen: HTI High Tech Industries AG

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