Ad-hoc | 14 March 2006 17:30
InTiCom Systems Aktiengesellschaft: Multiple over-subscription of capital increase of InTiCom Systems AG
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Passau, 14 March 2006 – Today InTiCom Systems AG (ISIN DE0005874846, Prime
Standard) received cash-inflows of EUR 9.4 million from the placement of
capital increase comprising 129,000 shares, which was over-subscribed
multiple times. The funds from this capital increase should be used for the
further expansion of the automotive business and should assure additional
start-up investments on top of the investments already planned for 2006 and
2007. The early financing of these future investments through additional
equity also assures a high degree of flexibility for upcoming investment
decisions.
The capital increase from authorised capital (based on the resolution from
the AGM on 6 September 2004) was placed under exclusion of subscription
rights in compliance with the articles of association (§3 para. 3 of the
articles of association of InTiCom Systems AG) by Concord-Effekten as the
sole book runner. The issue of 129.00 new shares increases the share
capital of InTiCom Systems AG from EUR 1,300,000 to EUR 1,429,000. The
allocation of shares was conducted at the average price in the past 10
trading days less a 3 percent discount at a price of EUR 74.50.
InTiCom Systems AG
The Management Board
For further details and questions on the capital increase please contact:
Dieter Schopf Telephone: +49 – (0)851 – 966 92 – 0
Management Board Fax: +49 – (0)851 – 966 92 – 15
eMail: d.schopf@inticom-systems.de
(c)DGAP 14.03.2006
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language: English
emitter: InTiCom Systems Aktiengesellschaft
Spitalhofstraße 94
94032 Passau Deutschland
phone: +49 (0)851 9 66 92-0
fax: +49 (0)851 9 66 92-15
email: info@InTiCom-Systems.de
WWW: www.InTiCom-Systems.de
ISIN: DE0005874846
WKN: 587484
indexes:
stockmarkets: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, München, Stuttgart
End of News DGAP News-Service
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