Ad-hoc | 28 November 2001 09:53
Hannover Rückvers.
english
Hannover Re plans increase in stockholders’ equity of EUR 194.3 million
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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The Boards responsible for Hannover Re decided today to increase the company’s
capital stock by EUR 7,305,749.99 to EUR 82,798,545.89 through the issue of
2,857,761 new, registered no-par value shares.
The new shares will be issued with a subscription ratio of 31:3 and at a
subscription price of EUR 68.00 per share. The subscription period will extend
from 5 to 18 December 2001. The main shareholder, HDI, will subscribe through
its intermediate holding company Talanx AG 75% of the new shares in proportion
to its existing shareholding. The new shares will carry full dividend rights for
the entire 2001 financial year.
Further information is to be found in a press release issued today by Hannover
Re.
Contact: Ralf Arndt, tel. 05 11 / 56 04-15 00, e-mail: ralf.arndt@hannover-
re.com
end of ad-hoc-announcement (c)DGAP 28.11.2001
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WKN: 840221; Index: MDAX
Listed: Amtlicher Handel in Hannover, Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, München, Stuttgart
280953 Nov 01