Fabasoft AG

  • WKN: 922985
  • ISIN: AT0000785407
  • Land: Austria

Nachricht vom 27.10.2015 | 12:31

Fabasoft AG: Fabasoft AG increases equity and splits shares as planned

DGAP-News: Fabasoft AG / Key word(s): Corporate Action/Capital Increase

2015-10-27 / 12:31

Fabasoft AG increases equity and splits shares as planned

In the Annual General Meeting of Fabasoft AG held on July 6, 2015, a division of shares at a ratio of 1:2 was approved, so that the number of shares will be increased from the current 5,000,000 shares to 10,000,000 shares. In order to continue to attribute a pro rata amount of the share capital of EUR 1.00 on each share, a capital increase from company funds to EUR 10,000,000.00 shall be carried out concurrently, as in accordance with the Capital Adjustment Act (KapBG). Thus all existing shareholders hold an interest in the company to the same extent as previously held.

This process was duly noted in the company register as of 10/20/2015. The conversion of the listing on the Frankfurt Stock Exchange will take place on October 27, 2015 after the market closes. Trading at the appropriately adjusted rate will begin on October 28, 2015. Shareholders will receive a credit on their securities account of one additional share each for each share held by them already, and do not need to take any further steps. The custodian banks are requested to carry out the crediting of the shares from the stock split for shareholders free of charge.

The UniCredit Bank Austria AG, Vienna shall act as the tender and paying agent.

Fabasoft is a European software manufacturer and cloud provider. Fabasoft's software
products and cloud services ensure the consistent capture, organisation, secure storage and context-sensitive finding of all digital business documents (www.fabasoft.com).

2015-10-27 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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