Ad-hoc | 7 September 2005 21:04
aap Implantate AG:Terms of Capital Increase, Guarantee of existing shareholder
Ad hoc announcement §15 WpHG
Capital Increase
aap Implantate AG:Terms of Capital Increase, Guarantee of existing shareholder
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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aap Implantate AG: Terms of Capital Increase, Guarantee of existing
shareholders
The Management and Supervisory Board of aap Implantate AG a German medical
technology company specialized in bone fracture healing, joint replacement,
bone cements and biomaterials, today decided the already announced capital
increase. This increase of capital stock of up to 1,456,857 shares will be
conducted on subscription price of EUR 1.60 with allotment of subscription
rights to existing shareholders at a ratio of 21:2. There will be no trading
in subscription rights and the new stocks will be entitled to a share in
profits from January 1, 2005.
The capital increase is completely guaranteed by existing shareholders of aap,
so that all not acquired shares will be subscribed by this group of
investors, which also includes members of the management and supervisory
board. But the management and supervisory board reserved to themselves also to
allocate not acquired shares to third parties (institutional investors or
employees).
From the capital increase the company will receive up to EUR 2.3 million
before transaction costs. The proceeds are intended to be used for financing
an acquisition in the biomaterials segment and to continue to step up its
operative business.
aap Implantate AG
Lorenzweg 5
12099 Berlin
Deutschland
ISIN: DE0005066609
WKN: 506660
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
End of ad hoc announcement (c)DGAP 07.09.2005
072104 Sep 05