MOOD AND MOTION AG
Neue Sentimental Film AG wants to expand its operational activities
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Neue Sentimental Film AG wants to expand its operational activities
Neue Sentimental Film AG wants to expand its operational activities after the
successful return into the black by arranging an increase in capital with the
target of accelerated growth of the whole group / An institutional investor
intends to acquire 10 per cent of the authorised capital.
Frankfurt am Main, September 14th, 2004 – The Neue Sentimental Film AG
announces today, that the board of directors decided with the accordance
of the supervisory board, to increase the authorised capital by about 10 per
cent with inclusion of subscription rights. The authorised capital of
8,450,000.00 EUR will be increased by up to 844,999.00 EUR to 9,294,999.00 EUR
cash deposit. The subscription right can be used between September 15th and
September 29th at a price of 1,25 EUR per ordinary share.
The increase of capital is in particular for the broadening of the foreign
field of activity. After the successfully completed restructuring measures
the new target is to grow organically as well as through cooperation and
acquisitions. Concerning this matter the board of directors has held several
negotiations with strategic partners home and abroad. As a result, parts of
companies should be acquired near-term. Thereby the break-even sales volume
of 26 million EUR will be exceeded distinctively.
Moreover, Neue Sentimental Film AG has held several conversations with
potential investors and it is likely, that the resolved increase of capital
will be placed successfully and complete. Concerning this matter, an
institutional investor intended to acquire up to 10 per cent of the actual
authorised capital.
Contact: Klaus Niemeyer, CFO, Neue Sentimental Film AG, Tel.: +49(0)69/
943314-0, E-Mail: klaus.niemeyer@nsf.de
end of ad-hoc-announcement (c)DGAP 14.09.2004
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WKN: 534 140; ISIN: DE0005341408; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart
140758 Sep 04
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