Corporate | 4 April 2012 08:30
HMS Bergbau AG / Key word(s): Capital Increase 04.04.2012 / 08:30 --------------------------------------------------------------------- Corporate News dated 04 April 2012 HMS Bergbau AG decides on capital increase for further growth - Share capital to increase by EUR 370,000 to EUR 4,370,000 - Investment by ICHOR Coal N.V. further strengthened - Gross proceeds of EUR 3.0 million from the issue to serve financing of future growth Berlin, 04 April 2012: With the Supervisory Board's approval, the Management Board of HMS Bergbau AG - an international coal supplier with operating know-how of coal mining, transport and trade - has decided to increase the Company's share capital excluding subscription rights. Utilising the authorised capital in accordance with Section 4 (4) of the Articles of Association, the Company's share capital will be increased by EUR 370,000 from EUR 4,000,000.00 to a maximum of EUR 4,370,000 against cash contributions. The Company intends to do so by issuing 370,000 new common bearer shares (no-par shares) with a pro rata amount of the share capital of EUR 1.00 per new share. Majority shareholder ICHOR Coal N.V. is the applicant for the new shares. The new shares have full dividend rights for the 2012 financial year at a subscription price of EUR 8.10 per no-par share. The gross proceeds of EUR 3.0 million from the issue will serve to finance HMS Bergbau AG's future growth. 'Besides strengthening our equity base, the involvement by our major shareholder ICHOR Coal N.V. gives us further financing possibilities that go beyond traditional trade financing. This investment expansion is also a further sign of trust in HMS Bergbau AG's expertise and operating know-how,' says Heinz Shernikau, CEO of HMS Bergbau AG. About HMS Bergbau AG: Berlin-based HMS Bergbau AG is an independent coal trading house specializing in just-in-time deliveries of thermal coal to power plants and other industrial consumers. The company is one of the leading coal trading companies in Germany and markets its products to renowned consumers worldwide. HMS is actively expanding its activities to span coal production and logistics solutions primarily in Asia. HMS has been listed at Germany's Frankfurt Stock Exchange since December 2008. Company contact: HMS Bergbau AG An der Wuhlheide 232 12459 Berlin T.: +49 (30) 65 66 81-0 F: +49 (30) 65 66 81-15 Email: info@hms-ag.com URL: www.hms-ag.com HMS Investor Relations contact: GFEI Aktiengesellschaft Am Hauptbahnhof 6 60329 Frankfurt am Main T.: +49 (69) 74 30 37-00 F.: +49 (69) 74 30 37-22 Email: investors@hms-ag.com End of Corporate News --------------------------------------------------------------------- 04.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 163815 04.04.2012