Archive
19.10.2005
Intershop Communications AG Successfully Completes Rights Issue
Jena, Germany – October 19, 2005. Intershop Communications AG (Prime Standard: ISH2; „Intershop“, or „the Company“) today announced that the rights issue took announced on September 28, 2005 legal effect by entry in the commercial register at the Local Court of Gera, Germany.
In the course of the transaction, all of the up to 4,258,550 new common bearer shares negotiable under the subscription offer were placed at € 1.00 per share, equivalent to a net cash inflow of approximately € 4.3 million.
The capital increase was legally effected upon registration in the Commercial Register at the Local Court of Gera, Germany, The new shares are expected to admitted to the Prime Standard segment of the Frankfurt Stock Exchange on Middle of November 2005.
The new shares will increase the total number of Intershop issued and outstanding shares by 50 percent, from 8,517,100 to 12,775,650 and the Company’s share capital has thereby been increased from EUR 8,517,100 to 12,775,650. The transaction was facilitated by VEM Aktienbank AG, Munich/Germany.
Investor Relations:
Annett Körbs
T: +49-3641-50-1370
F: +49-3641-50-1309
ir@intershop.de
Public Relations:
Dr. Ute Danz
T: +49-3641-50-1000
F: +49-3641-50-1002
pr@intershop.de
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