Vectron Systems AG: Capital increase from company's funds

Vectron Systems AG / Key word(s): Capital Increase

12-Jul-2017 / 12:27 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


On 23 June 2017 the General Shareholders' Meeting of Vectron Systems AG determined to increase the share capital by EUR4,949,997.00 to EUR 6,599,996.00. The capital is increased from company's funds. Articles 4 (height and division of share capital) and 4a (contingent capital) of the association were changed accordingly. The decision and the amendment to the articles of association were entered to the Company's commercial register at Münster local court on 10 July 2017 and have thus become effective.
 
The capital increase allows carrying out the intended share split - which the shareholders' meeting also approved - at a ratio of 1:4 within the next days. Instead of 1,649,999 shares so far, 6,599,996 shares will then circulate so that the share price will be reduced at a ratio of 1:4. As a share split is a mere optical correction, the share-ownership ratio and thus the shares' value of the single shareholders will not change. The number of shares will be quadrupled automatically.

Contact:
Thomas Stümmler
Vectron Systems AG
Willy-Brandt-Weg 41
48155 Münster, Germany
phone +49 (0)251 2856 - 0
fax +49 (0)251 2856 - 564
www.vectron.de
[email protected]

12-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language:English
Company:Vectron Systems AG
Willy-Brandt-Weg 41
48155 Münster
Germany
Phone:0251/ 28 56 - 0
Fax:0251/ 28 56 - 564
E-mail:[email protected]
Internet:www.vectron.de
ISIN:DE000A0KEXC7
WKN:A0KEXC
Listed:Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt


 
End of AnnouncementDGAP News Service

 

show this