Ad-hoc | 30 June 2005 20:40
Biotest AG: Biotest AG increases capital stock by EUR 2.92 million euro
Ad hoc announcement §15 WpHG
Capitalization
Biotest AG: Biotest AG increases capital stock by EUR 2.92 million euro
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Capitalization
Biotest AG increases capital stock by EUR 2.92 million euro
Dreieich, June 30, 2005. Biotest AG is increasing its share capital by 2.92
million euro to 23.40 million euro by issuing 1.14 million new ordinary
shares. Biotest will thus receive fresh money for the accelerated development
of monoclonal antibodies while simultaneously cutting financial debt. With the
approval of the Supervisory Board the Executive Board of Biotest AG decided
today the partial use of Authorised Capital excluding shareholders’
subscription rights.
570.000 new ordinary shares with an imputed interest of 1.46 million euro
(6.24%) in the share capital were subscribed by a German financial investor
against a cash contribution of 10.01 million euro. Additional 569.150 new
ordinary shares were subscribed by Dr. Schleussner family, who previously held
60% and now holds 57.8% of ordinary shares from the conversion of a
shareholder loan totaling 10 million euro. These measures have lifted the
Biotest group’s equity ratio from 30.8% (as per March 31, 2005) to more than
36%.
The issuing price was fixed in line with the statutory provisions with a
discount of 5% compared to the average stock market price for the previous
five trading days. The company’s new share capital totaling 23.40 million euro
comprises 5.14 million ordinary shares and 4.0 million preferred shares, each
with a proportionate interest of 2.56 euro.
Investor Relations: Hubert Bötsch, Telephone: +49 (0) 6103 801-444,
Telefax: +49 (0) 6103 801-880, E-mail: hubert_boetsch@biotest.de
Biotest AG, Landsteinerstr. 5, D-63303 Dreieich, http://www.biotest.de
WKN (German Securities Code), ISIN ordinary shares: 522720, DE0005227201
WKN (German Securities Code), ISIN preferred shares: 522723, DE0005227235
Listed: Amtlicher Handel in Frankfurt (Prime Standard);
Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg and Stuttgart
Biotest AG
Landsteinerstraße 5
63303 Dreieich
Deutschland
ISIN: DE0005227201; DE0005227235
WKN: 522720; 522723
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg und Stuttgart
End of ad hoc announcement (c)DGAP 30.06.2005
302040 Jun 05