WWL Internet AG
Ad hoc-Service: WWL Internet AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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Syncotech strengthens WWL’s equity and liquidity
(Nürnberg, 27. April 2001)
Syncotech Invest B.V. has subscribed 700,000 shares of WWL Internet AG’s
existing authorized capital at the average share price during the period from
4/9/2001 to 4/20/2001. The Management Board has – with the Board of Directors’
authorization dated 04/09/2001 – drafted the resolution on the increase in
capital on 04/20/2001.
As a result, the total number of issue shares increased to 8,332,838. Syncotech
Invest B.V.’s 2,651,895 shares now make up 31.8% of the increased subscribed
capital. The equity transaction provides WWL Internet AG with additional cash in
the amount of EUR 994,000.
Syncotech Invest B.V. has supported WWL Internet AG since 1996 as a venture
capital investor and successfully carried out the IPO in July 1999. It received
a 28.6% share of the IPO, which it reduced to 22% in January 2000.
end of ad hoc announcement, (c) DGAP 27.04.2001
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WKN: 783 010; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
270731 Apr 01
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