euro adhoc: Calida Holding AG
Restructuring & Recapitalisations
Calida:
Second phase of capital increase renounced
25.08.2005 – 08:36
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
25.08.2005
In May 2005, Calida Holding AG, listed on the SWX Swiss Exchange, placed a first tranche of 60,000 shares with institutional investors as part of an approved capital increase. The intention was to make a second tranche of 40,000 shares available in the autumn of 2005.
However, the positive development of business - particularly in terms of cash-flow - and the good prospects for the 2005 financial year combined with effective cost-management enable the company to renounce the issuance of additional new shares. Even without an additional capital increase, Calida's equity ratio is higher than 50%.
Sursee, 25 August 2005 CALIDA Holding AG
end of announcement euro adhoc 25.08.2005 07:00:00
Further inquiry note:
Felix Sulzberger, CEO
Telephone: 0041 (0)41 925 42 48
Branche: Textiles & Clothing
ISIN: CH0009018133
WKN: 9018133
Index: SPI, SPIEX
Börsen: SWX Swiss Exchange / official market