Capital Increase of Acazis AG at a ratio of 1:2
(Thomson Reuters ONE) -
Acazis AG /
Capital Increase of Acazis AG at a ratio of 1:2
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The issuer is solely responsible for the content of this announcement.
Gilching, Munich, 7 July 2011. The Board of ACAZIS AG has resolved, with
the consent of the Supervisory Board of Directors, to increase the share capital
of the company by issuing up to 3,136,314 new shares. The current share capital
will therefore increase from ?1,568,157.00 (one million, five hundred and sixty
eight thousand, one hundred and fifty seven Euros) to ?4,704,471.00 million
(four million, seven hundred and four thousand, four hundred and seventy one
Euros) in exchange for a cash contribution.
The new shares will be offered to shareholders at a ratio of 1:2 and at a
subscription price of ?1.00 (one Euro) per share. The subscription period will
run from 7 July 2011 up to and including 20 July 2011. Holders of the bearer
shares, which have a nominal value of ?1.00 each, are entitled to a dividend
from 01.01.2010 onwards. Details regarding the subscription will be published
shortly.
The proceeds of the capital increase will be utilised for the expansion of the
company and particular importance will be given to the company's own cultivation
of peanuts in Ethiopia.
"The proceeds of the capital increase should flow predominantly into the
company's project for its own cultivation of peanuts in Ethiopia. With the oil
mill soon to resume operation, we need approximately 10 to 15 tonnes of peanuts
daily for it to run effectively. By cultivating our own peanuts, we will be less
dependent on the market increases in price which are inevitable when there is
such great demand", states Patrick Bigger, CEO of Acazis AG.
About the company
Acazis AG (Acazis) based in Gilching near Munich, operates in the cultivation
and use of castor plants, the production of edible oils, the provision of any
related services and the acquisition and management of companies and
shareholding in related companies as well as the as the carrying out of
Executive Board functions.
Kontakt:
Andreas Burger
Acazis AG, Landsberger Str. 18, D-82205 Gilching
Telefon: +49 8105 778 223 0, Telefax: +49 8105 778 223 9
info(at)acazis.com
--- End of Message ---
Acazis AG
Landsberger Str. 18 Gilching Germany
WKN: A1C9YF;ISIN: DE000A1C9YF1;
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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other applicable laws; and
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originality of the information contained therein.
Source: Acazis AG via Thomson Reuters ONE
[HUG#1529077]
Unternehmensinformation / Kurzprofil:
Datum: 07.07.2011 - 08:15 Uhr
Sprache: Deutsch
News-ID 56199
Anzahl Zeichen: 3395
contact information:
Town:
Gilching
Kategorie:
Business News
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