ELSA AG
ELSA AG english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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ELSA raises new capital from strategic Investor
5 million USD convertible bond with a conversion price of 12 EUR per share
issued
Aachen, August 20, 2001 – ELSA AG one of the world’s leading vendors of
solutions for Internet access, networking and computer graphics, issued a 5
million US Dollar convertible bond to Giga-Byte Technology Co., LTD of Taipei,
Taiwan. The 5 million USD investment in ELSA AG is in the form of subordinated
debt, based on a minimum 3 year term, bearing 3 percent interest. The bond is
convertible into ordinary shares of ELSA AG at a conversion price of 12 EUR per
share. The industry partners also plan to expand their cooperation in the
dynamic computer graphics market.
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For more information about ELSA:
Sven Heyden
Investor Relations Manager
ELSA AG
Sonnenweg 11
52070 Aachen
Germany
Tel: +49 (0)241 606-1188
Fax: +49 (0)241 606-1149
E-mail: investor@elsa.de
Web: http://investor.elsa.com
end of ad hoc announcement (c) DGAP 20.08.2001
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WKN: 507360; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
200831 Aug 01
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