Bloxolid AG
Novavisions AG – Notice of the conversion of GDRs into shares
Novavisions AG / Key word(s): Miscellaneous 13.11.2012 18:36 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Novavisions AG - Notice of the conversion of GDRs into shares Rotkreuz (Switzerland), 13 November 2012 - In order to restructure the capital, the annual shareholders meeting of 29 May 2012 of Novavisions AG approved the proposals of the Board of Directors to reduce the share capital from CHF 8,427,114.50 to CHF 1,203,873.50 by reducing the nominal value from CHF 3.50 to CHF 0.60 per bearer share and a share split at a ratio of 1:10 i.e. for one bearer share of CHF 0.50 ten bearer shares with a nominal value of CHF 0.05 will be created. The company's share capital of CHF 8,427,114.50 divided into 2,407,747 bearer shares with a nominal value of CHF 3.50 per share amounts after these measures to CHF 1,203,874.50 divided into 24,077,470 bearer shares ('shares') having a nominal value of CHF 0.05 per share. The reduction of the nominal value and the stock split were entered into the commercial register of the Canton Zug on June 26, 2012 and therefore the measures are effective. The collective custody GDRs (ISIN DE0006572217 / WKN 657221) have been listed and delivered in 1/10 fractional shares since the introduction in 2001, i.e. 10 GDRs securitized 1 original share (ISIN CH0012192198 / WKN 657220). With the now completed and legally valid stock split of the original Swiss shares the number of shares and the number of the traded GDRs on the Frankfurt Stock Exchange are now equal. On November 14, 2012 after the market closes the 24,077,470 GDRs held in collective custody by the custodian banks and Clearstream Banking AG, Frankfurt am Main, will be converted to original Swiss shares at a ratio of 1:1. For each GDR with a nominal value of CHF 0.05 (ISIN DE0006572217 / WKN 657221), the shareholders of the company get one Swiss share with a nominal value of CHF 0.05 (ISIN CH0012192198 / WKN 657220). Since the right of the shareholders on individual certificates for their shares is excluded by the company's bylaws, the newly announced share capital is represented by a global certificate filed with SIX SIS AG, Zurich in the favor of Clearstream Banking AG, Frankfurt am Main. The shares are available to the shareholders through collective securities account credits. At German depository banks, the conversion of the GRDs into shares is free of commission and expenses for the shareholders of Novavisions AG. As of November 15, 2012 the price quotation of the 24,077,470 shares (ISIN CH0012192198 / WKN 657220) will start at the General Standard of the Frankfurt Stock Exchange as well as at the stock exchanges of Dusseldorf, Munich, Stuttgart and Berlin. At the same time the price quotation of the GDRs will be stopped. Contact: Novavisions AG Claudia Schumacher Grundstraße 12 CH-6343 Rotkreuz Tel.: +41 (0)41 798 33 44 Fax: +41 (0)41 798 33 99 E-Mail: claudia.schumacher@novavisions.com www.novavisions.com 13.11.2012 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: Novavisions AG Grundstrasse 12 CH-6343 Rotkreuz Switzerland Phone: +41-41798 33-44 Fax: +41-41798 33-99 E-mail: claudia.schumacher@novavisions.com Internet: www.novavisions.com ISIN: DE0006572217 WKN: 657221 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden