euro adhoc: D+S europe AG
D+S europe AG:
Capital increase extended due to substantial demand -
Hopp Beteiligungsgesellschaft mbH & Co KG becomes new major
shareholder (E)
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
HAMBURG, August 10, 2004. D+S europe AG (ISIN: DE0005336804 and DE000A0A8FU4) has made a full placement for its announced capital increase. The burgeoning demand on the part of legacy shareholders and the willingness of institutional investors to take a stake were so overwhelming that the Supervisory Board and the Board of Management today passed a resolution to boost the capital increase. Subject to an exclusion of subscription rights of shareholders, the capital increase was extended, utilizing the existing approved capital to do so by EUR 454,829 to a total of EUR 3,080,512 in nominal terms. At an issue price of EUR 2.40, the company will receive a total of EUR 7.4 million in funding from the capital increase.
In addition to 454,829 shares derived from subscription rights out of the free float, some 225,683 shares were acquired on the basis of subscription rights available to convertible bond holders. A further 2.4 million shares were purchased by strategic investors. Moreover, by performing a placement transfer of a package of 350,000 no-par-value shares of a legacy stockholder, the company succeeded in acquiring additional investors.
The new majority stockholder of D+S europe AG is Hopp Beteiligungsgesellschaft mbH & Co KG, having taken over 2.0 million no-par-value shares. This company of SAP co-founder Dietmar Hopp thus holds more than 15% of the shares in D+S europe AG. Against this backdrop, D+S europe AG welcomes and endorses the interest expressed by Hopp Beteiligungsgesellschaft mbH & Co KG in cooperating in the company's success by taking a mandate on its Supervisory Board.
The commitment of the primary holding company represents a perfect match for the growth strategy adopted by D+S europe AG, which plans to take the lead in a newly created market and generate higher returns on investment. The primary focus in this regard is on developing into a service provider with a holistic approach to the control and execution of integrated distribution and customer process chains (business process management).
D+S europe AG, listed on the Prime Standard with a workforce of approx. 2.000 employees in the Group is one of the biggest outsourcing service providers in the field of customer process management, CRM and tele-marketing services throughout Germany. The company operates branch offices in seven German federal states.
end of announcement euro adhoc 10.08.2004
Further inquiry note:
D+S europe AG, Investor Relations, Henning Soltau,
Tel.: +49 (0) 40/4114-3542
Branche: Media
ISIN: DE0005336804
WKN: 533680
Index: CDAX, Classic All Share, Prime All Share, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade