Archive
02.12.2005
46 Percent of Intershop's Convertible Bond Converted
Jena, December 2, 2005 – Intershop Communications AG (Prime Standard: ISH2; "Intershop" or the "Company") today announced the conversion of 5,208,306 bonds from the 2004/2008 zero-coupon convertible bond in the principal amount of EUR 5,208,306 into 5,208,306 shares of the Company.
As a result of the conversion option being exercised, the Company's capital stock rose by EUR 5,208,306 from a current EUR 12,775,650 to EUR 17,983,956, while the total number of issued Intershop common bearer shares outstanding rose from 12,775,650 to 17,983,956, through the issue of 5,208,306 new shares from the Company's Conditional Capital IV. The new shares are expected to be credited to the subscribers' securities accounts and the shares are expected to be quoted for the first time on December 5, 2005.
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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