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Abonner Precious Woods Holding Ltd.

Precious Woods Holding Ltd.

euro adhoc: Precious Woods Holding Ltd.
Capital measures
SHARE CAPITAL INCREASE BY PRECIOUS WOODS HOLDING LTD

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
13.06.2007
Precious Woods Holding Ltd is to issue up to 300,000 registered 
shares, each with a par value of CHF 50, as part of a share capital 
increase. The new shares will among others be issued by a private 
placement with a limited group of institutional investors.
On 11 April 2007, Precious Woods Holding AG acquired majority 
holdings via its subsidiaries in CEB and TGI, companies both based in
Libreville, Gabon. The Board of Directors of Precious Woods Holding 
AG resolved to increase its share capital by up to CHF 15 million by 
issuing up to 300,000 new registered shares, each with a par value of
CHF 50, from authorised capital. Of these, a part of the registered 
shares will be issued via a contribution in kind in relation to these
acquisitions. Additionally up to around 210,000 registered shares 
will be placed privately with a limited group of institutional 
investors. The placement price should be within a range of CHF 115 
and CHF 116.50. The funds from this tranche will partly be used to 
refinance this acquisition.
Zürcher Kantonalbank was appointed Lead Manager for the transaction.
Precious Woods is a leading international company in the sustainable 
management and use of tropical forests. Its core activities include 
reforestation, the sustainable management of tropical forests, wood 
processing and trading in FSC-certified wood products. The generation
of emission rights and production of electricity from wood waste are 
additional key components of its business concept.
Shares in Precious Woods have been trading on the SWX Swiss Exchange 
since March 2002. Further information is available at 
www.preciouswoods.com.
end of announcement                               euro adhoc 13.06.2007 20:00:20

Kontakt:

Precious Woods Holding Ltd, Zug
Dr. Theodor Scheidegger, CFO
Tel. +41 44 245 80 10
mailto:office@preciouswoods.com

Branche: Forestry & Timber
ISIN: CH0013283368
WKN: 982280
Index: SPI
Börsen: SWX Swiss Exchange / official dealing

Plus de actualités: Precious Woods Holding Ltd.
Plus de actualités: Precious Woods Holding Ltd.