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Munich, 07.06.2005 – COMPUTERLINKS AG (ISIN DE0005448807) has today completed the announced capital increase excluding pre-emption subscr ip tion rights and successfully placed the full volume of 584,752 shares in total with institutional investors at home and abroad, where demand far exceeded the number of shares offered.
The new shares originate from an increase in capital, which was passed by the Management Board with the approval of the Supervisory Board using the a ut horised capital. The shareholders’ pre-emption subscription rights were excluded pu rs uant to § 203 subsection 1 in conjunction with § 186 subsection 3 sentence 4 of the German Companies Act (AktG) and § 5 of the company’s Articles of Association.
At an issue price of EUR 14.00 per new share, gross proceeds of approximately EUR 8.2 million will accrue to the company from the issue. The inflow of funds is to be used to finance the intended acquisition of the Scandinavian Securesoft Group.
In view of the high demand for the shares offered the principal shareholder, Fayrewood (Overseas Holdings) B.V., has sold 1,169,000 shares.
Following admission of the new shares to trading on the Frankfurt stock exchange the free float of COMPUTERLINKS AG will increase from 44.59% to 67.45%. Afterwards, the stake of Fayrewood (Overseas Holdings) B.V. will be 27.75%
The capital increase was managed by Sal. Oppenheim jr. & Cie. KGaA, Cologne, as the sole bookrunner. |