Ad-hoc | 3 November 2009 12:44
Silicon Sensor International AG / Capital Increase
03.11.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Capital increase completed
November 3, 2009
The Silicon Sensor International AG successfully completed a capital
increase of 2,208,633 shares with an exercise price of EURO 5.50 per share
and retroactive entitlement to dividend as of January 1, 2009. The Board of
Directors and the Supervisory Board consider the high subscription interest
even above the individual subscription rights as a sign of confidence in
the future development of Silicon Sensor International AG. Shares not
directly subscripted by shareholders were offered interested shareholders
as an additional purchase option at the original purchase price and were
completely subscribed. The capital increase was one and a half times
oversubscribed.
The funds raised by this capital increase in the amount of Mio Euro 12.1
shall be spent for the further strategic reorientation of Silicon Sensor
International AG as the leading European sensor manufacturer, for the
strengthen of the market position and for the preparation for future
growth. This essentially pertains the further development of a technicly
competent sales department, the extension of the product range as well as
the internationalization of the business. Therefore also potential
acquisition targets are examined.
By these measurements Silicon Sensor Group will stay a stabil and reliable
partner for their customers, especially relevant in single source supplier
situations. The Board of Directors consider the increasing number of
request of potentially new customers in the last few weeks as an
affirmation of the choosen direction.
For more information visit our website at: http://www.silicon-sensor.com
or call +49-(0)30 - 6399 23 710
Silicon Sensor International AG
The Board of Directors
03.11.2009 Financial News transmitted by DGAP
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Language: English
Company: Silicon Sensor International AG
Wilhelminenhofstraße 76/77
12459 Berlin
Deutschland
Phone: +49 (0)30 63 99 23-710
Fax: +49 (0)30 63 99 23-719
E-mail: ir@silicon-sensor.de
Internet: www.silicon-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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