net mobile AG
net mobile AG: resolves capital increase with statutory subscription rights
net mobile AG / Key word(s): Capital Increase CORPORATE NEWS net mobile AG resolves capital increase with statutory subscription rights – Funds from capital increase will be partially used to finance the acquisition of Bankverein Werther AG Duesseldorf, 27th of September 2011 – Management Board and Supervisory Board of net mobile AG decided to increase net mobile AG's capital stock by issuing 3,763,068 new shares of the company for cash. In this process, the company is to make use of part of the authorised capital. The new shares will be offered to shareholders at a ratio of 9 to 4 by means of indirect subscription rights for shareholders at a subscription price of 7.10 euro per new share. The subscription period will begin on 30th of September 2011 and will end on 13th of October 2011 (inclusive). No trading of subscription rights is envisaged. Any new shares not subscribed to on the basis of the subscription offer may only be acquired by existing shareholders, likewise at the subscription price, by way of an oversubscription. The company will receive total gross proceeds of approximately 26.7 million euro. The lead bank for this transaction is VEM Aktienbank AG, Munich. The funds from the capital increase will be used to finance the acquisition of Bankverein Werther AG and the further growth of the company. DOCOMO Deutschland GmbH which is wholly owned by NTT DOCOMO, INC. guarantees the capital increase.
This press release is not an offer of securities for sale nor the solicitation of an offer to purchase securities in the United states or in any other jurisdiction where such offer may be restricted. Securities may not be offered or sold in the United States unless they are registered under the US Securities Act of 1933, as amended (the 'US Securities Act'), or exempt from registration. The securities of net mobile AG referred to in this press release have not been and are not being, registered under the US Securities Act, and will not be offered or sold in the United States, except on the basis of applicable exceptions from registration. There will be no public offering of securities in the United States or in any other jurisdiction.
Media contact End of Corporate News 27.09.2011 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 |
Language: | English | |
Company: | net mobile AG | |
Zollhof 17 | ||
40221 Düsseldorf | ||
Germany | ||
Phone: | +49 (0)211 970 20-0 | |
Fax: | +49 (0)211 970 20-999 | |
E-mail: | info@net-m.de | |
Internet: | www.net-m.de | |
ISIN: | DE0008137852 | |
WKN: | 813785 | |
Listed: | Freiverkehr in Berlin, Hamburg, München (m:access), Stuttgart; Open Market in Frankfurt | |
End of News | DGAP News-Service |
140485 27.09.2011 |