Tous Actualités
Suivre
Abonner Advanced Medien AG

Advanced Medien AG

euro adhoc: Advanced Medien AG
Advanced Medien AG carries out cash capital increase (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Munich, March 29, 2004 - The management board of Advanced Medien
(ISIN DE-0001262186, SIN 126218) today resolved to utilize authorized
capital in the amount of EUR 897,750.00 for the purpose of carrying
out a cash capital increase at a ratio of 2:1. This resolution was
approved by the company's supervisory board. The cash capital
increase serves to partially offset the loss amounting to more than
half of the company's capital stock, which will once again be
officially announced to the shareholders as part of the preparations
for the annual general meeting on May 19, 2004. The new shares will
be offered to shareholders through Consors Capital Bank AG in Berlin
by way of an indirect subscription right at a price of EUR 1.00 for a
period of two weeks beginning April 5, 2004 at a ratio of two old
shares for one new share. These new shares will rank for dividend
from January 1, 2004. Trading of subscription rights is not planned.
The subscription offer will be published in the electronic Federal
Bulletin and in the Financial Times Deutschland on March 31, 2004.
If all new shares are sold, the company's capital stock will increase
to approximately EUR 2.7 million.For the time being, the company does
not plan to have the shares listed at the stock exchange. At first,
the new shares will be available on the OTC market at the
Berlin-Bremen Stock Exchange. The company plans to apply for a
listing of the new shares on the Regulated Market of the Frankfurt
Stock Exchange later this year after a further capital increase
including the subscription right of shareholders has been carried
out. Such a capital increase is scheduled to be approved at the
annual general meeting on May 19, 2004.
Advanced Medien AG
The management board
end of announcement        euro adhoc 29.03.2004

Further inquiry note:

Susanne Rehm
Advanced Medien AG
info@advanced-medien.de

Branche: Media
ISIN: DE0001262186
WKN: 126218
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
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

Plus de actualités: Advanced Medien AG
Plus de actualités: Advanced Medien AG