Corporate | 4 November 2005 07:30
SHS Informationssysteme AG successfully completes capital increase
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SHS Informationssysteme AG successfully completes capital increase
Munich, 4th November 2005 – The company SHS Informationssysteme AG, as listed
in the Prime Standard segment of the Frankfurt Stock Exchange (WKN 507240),
successfully completed the capital increase by using part of the agreed
capital announced on 14th October 2005. In total 707,139 bearer shares with an
issue price of 3.25 Euro per share were issued. Shares, that were not
subscribed by executing the statutory purchase rights, have been issued to
institutional investors in course of a private placement. The company will
collect 2.3 million Euro in cash as gross proceeds. This will primarily be
used to finance the cash component of the acquisition of Systech Software
GmbH, Kastl, which was decided on 7th October 2005.
Wolfgang Brand, CFO of SHS Informationssysteme AG: “The successful completion
of the capital increase for us is a confirmation of the strategic decision to
acquire Systech Software GmbH.”
Munich-based SHS Informationssysteme AG is listed on the Prime Standard
segment of the Frankfurt Stock Exchange and operates a subsidiary in Spain.
The IT services provider focuses on offering customer management and credit
risk management solutions to companies with a broad customer base. In 2004,
the company recorded revenues of EUR 32 million. The customers of SHS AG
include Ingram Micro, Crédit Agricole, T-Mobile, T-Online, Südleasing,
Telefónica, amena, Barclaycard and other international companies in the
information and financial sectors. For more information, see http://www.shs.de
Further information:
Wolfgang Brand, SHS Informationssysteme AG, Tel.: +49 – 89 – 747257-0, e-mail:
wolfgang.brand@shs.de,
Andreas Hoschke, HOSCHKE & CONSORTEN Public Relations GmbH, Tel.: +49 – 40 –
369050-55, e-mail: a.hoschke@hoschke.de
End of announcement (c)DGAP 04.11.2005
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WKN: 507240; ISIN: DE0005072409; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart