PRESS RELEASE: SYSTAIC successfully completes placement of cash capital increase
23.06.2009
systaic AG / Capital Increase
23.06.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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* Issuing volume of more than EUR 14.7 million
* Capital increase was oversubscribed: all shares were taken or
successfully placed in a rump placement
* Trading in new shares scheduled to begin on 30 June 2009
systaic AG, Düsseldorf, has successfully completed its cash capital
increase with subscription rights in the amount of 2,900,381 ordinary
bearer shares. The implementation of the capital increase is expected to be
registered with the commercial register on 25 June 2009. With a
subscription price of EUR 5.00 per share and a placement price of EUR 5.10
per share for shares not subscribed by existing shareholders, gross
proceeds amount to more than EUR 14.7.
The funds raised by the capital increase will enable the company to adapt
its credit lines to the growing business volume, amongst other things.
Michael Pack, Chairman of the Executive Board: 'More than half of the
subscription rights were exercised by existing shareholders. We are pleased
about the extent to which existing shareholders exercised their
subscription rights and the fact that the rump placement was
oversubscribed. It quite strikingly demonstrates that the stock market has
great confidence in our business model with its highly up-to-date strategic
concept.'
The newly issued shares carry full dividend rights as from 1 January 2009.
The new shares are expected to be included in the existing listing on the
Frankfurt Stock Exchange and trade under the international identification
number ISIN DE000A0JKYP6 as from 30 June 2009. The capital increase was
accompanied by Silvia Quandt & Cie. AG as lead manager.
'We wish to thank all shareholders who have exercised their subscription
rights for the trust they have placed in the company. We also wish to thank
all new shareholders for investing in the future of systaic AG. Given the
tense situation in the financial market, being able to successfully
conclude a cash capital increase of almost EUR 15 million demonstrates the
exceptional level of trust placed in our company. In terms of volume,
systaic AG's capital increase is among the ten largest on the regulated
market performed for the purpose of business expansion this year,' Pack
concludes.
About SYSTAIC:
systaic AG specialises in efficient and aesthetically pleasing solar power
solutions: the core product is the SYSTAIC energy roof for buildings, a
multi-awardwinning energy system for electricity and heat generation. With
its subsidiary Webasto Solar GmbH SYSTAIC is the world's only series
manufacturer of photovoltaic generators for car roofs. The development and
installation of large-scale photovoltaic power plants also implemented by
its subsidiary Enerparc is a further focal point in its portfolio.
Subsidiaries of systaic AG are Enerparc AG, Düsseldorf, systaic Portugal
(Sistemas Energéticos de Portugal Lda.), Lisbon, systaic Americas Inc.,
Carlsbad, systaic France S.A.R.L., Paris, systaic Hellas MEPE, systaic
Ibérica S.L.U., Barcelona, systaic Italia S.r.L. and systaic sourcing AG &
Co., Düsseldorf, systaic Technologies GmbH, Düsseldorf and Webasto Solar
GmbH, Landsberg.
Contact:
systaic AG
Achim Zolke (Head of PR)
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
a.zolke@systaic.com
www.systaic.com
23.06.2009 Financial News transmitted by DGAP
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Language: English
Issuer: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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systaic AG / Capital Increase
23.06.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
=--------------------------------------------------------------------------
* Issuing volume of more than EUR 14.7 million
* Capital increase was oversubscribed: all shares were taken or
successfully placed in a rump placement
* Trading in new shares scheduled to begin on 30 June 2009
systaic AG, Düsseldorf, has successfully completed its cash capital
increase with subscription rights in the amount of 2,900,381 ordinary
bearer shares. The implementation of the capital increase is expected to be
registered with the commercial register on 25 June 2009. With a
subscription price of EUR 5.00 per share and a placement price of EUR 5.10
per share for shares not subscribed by existing shareholders, gross
proceeds amount to more than EUR 14.7.
The funds raised by the capital increase will enable the company to adapt
its credit lines to the growing business volume, amongst other things.
Michael Pack, Chairman of the Executive Board: 'More than half of the
subscription rights were exercised by existing shareholders. We are pleased
about the extent to which existing shareholders exercised their
subscription rights and the fact that the rump placement was
oversubscribed. It quite strikingly demonstrates that the stock market has
great confidence in our business model with its highly up-to-date strategic
concept.'
The newly issued shares carry full dividend rights as from 1 January 2009.
The new shares are expected to be included in the existing listing on the
Frankfurt Stock Exchange and trade under the international identification
number ISIN DE000A0JKYP6 as from 30 June 2009. The capital increase was
accompanied by Silvia Quandt & Cie. AG as lead manager.
'We wish to thank all shareholders who have exercised their subscription
rights for the trust they have placed in the company. We also wish to thank
all new shareholders for investing in the future of systaic AG. Given the
tense situation in the financial market, being able to successfully
conclude a cash capital increase of almost EUR 15 million demonstrates the
exceptional level of trust placed in our company. In terms of volume,
systaic AG's capital increase is among the ten largest on the regulated
market performed for the purpose of business expansion this year,' Pack
concludes.
About SYSTAIC:
systaic AG specialises in efficient and aesthetically pleasing solar power
solutions: the core product is the SYSTAIC energy roof for buildings, a
multi-awardwinning energy system for electricity and heat generation. With
its subsidiary Webasto Solar GmbH SYSTAIC is the world's only series
manufacturer of photovoltaic generators for car roofs. The development and
installation of large-scale photovoltaic power plants also implemented by
its subsidiary Enerparc is a further focal point in its portfolio.
Subsidiaries of systaic AG are Enerparc AG, Düsseldorf, systaic Portugal
(Sistemas Energéticos de Portugal Lda.), Lisbon, systaic Americas Inc.,
Carlsbad, systaic France S.A.R.L., Paris, systaic Hellas MEPE, systaic
Ibérica S.L.U., Barcelona, systaic Italia S.r.L. and systaic sourcing AG &
Co., Düsseldorf, systaic Technologies GmbH, Düsseldorf and Webasto Solar
GmbH, Landsberg.
Contact:
systaic AG
Achim Zolke (Head of PR)
Kasernenstraße 27
40213 Düsseldorf
Germany
Phone: 0049-211-828559-0
Fax: 0049-211-828559-258
a.zolke@systaic.com
www.systaic.com
23.06.2009 Financial News transmitted by DGAP
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Language: English
Issuer: systaic AG
Kasernenstr. 27
40213 Düsseldorf
Deutschland
Phone: +49 (0)211 828559-0
Fax: +49 (0)211 828559-29
E-mail: ir@systaic.com
Internet: http://www.systaic.de
ISIN: DE000A0JKYP6
WKN: A0JKYP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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