Ad-hoc | 10 August 2004 18:28
aap Implantate AG: Capital increase concluded successfully
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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aap Implantate AG: Capital increase concluded successfully
aap Implantate AG, a medical technology group specialized in fracture healing,
joint replacement and biomaterials, has brought to a successful conclusion a
capital increase and rights issue. The capital increase was placed in full by
the issue of 9,739,058 ordinary shares, of which around 1.4 million were
acquired by existing shareholders and the remainder by new investors, employees
and individuals associated with the company. After the successful placement and
entry of the capital increase in the commercial register at Berlin’s
Charlottenburg district court, the company’s capital stock will increase by EUR
9,739,058 from the present EUR 4,869,529 to EUR 14,608,587, consisting of
14,608,587 ordinary shares. The new shares will probably be listed along with
the existing shares on the Frankfurt stock exchange in mid-September 2004.
The capital increase will result in a gross inflow of funds amounting to around
EUR 9.7 million that is intended to be used to redeem in full all outstanding
loans and to repay trade creditors and other liabilities. The remaining funds
are to be used to boost sales and to develop and launch new products.
end of ad-hoc-announcement (c)DGAP 10.08.2004
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WKN: 506660; ISIN: DE0005066609; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
101828 Aug 04