Auriga Industries A/S
Auriga, Reduction of the share capital

DGAP-News: Auriga Industries A/S

2015-06-08 / 10:00

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Auriga Industries A/S, Harboøre, Denmark, 2015-06-08 10:00 CEST (GLOBE
NEWSWIRE) -- 



Company announcement no. 12/2015

June 8, 2015



Reduction of the share capital



In order to increase the distributable reserves, which can be distributed to
the shareholders, it was decided at Auriga Industries A/S' annual general
meeting on April 30, 2015, to reduce the company's share capital with nominally
DKK 249,900,000 from DKK 255,000,000 to DKK 5,100,000 by reducing the nominal
value of the shares from DKK 10 to DKK 0.20. 

The advertisement period related to the reduction of the share capital expired
without any objections being raised and the reduction of the share capital has
been registered with the Danish Business Authority. By extension, Auriga has
asked its share-issuing institute to implement the capital reduction by VP
Securities and Nasdaq Copenhagen, which is expected to happen during this week. 

After the capital reduction, Auriga's share capital is nominally DKK 5,100,000,
divided into a Class A share capital of nominally DKK 1,500,000 and a Class B
share capital of nominally DKK 3,600,000. 

The total number of shares and voting rights is not affected by the capital
reduction. 

The reduction amount is transferred to a special reserve, which is to be
transferred to distributable reserves, which can be distributed to the
shareholders as dividends after the capital reduction. 

As previously announced, Auriga still expects to distribute extraordinary
dividends of DKK 323 per share according to the below timetable: 


11 June 2015    The Board of Directors' decision on distribution of             
(Account date)  extraordinary dividend of DKK 323 per share (dividend           
                 declaration).                                                  
                Last day of trading of Auriga shares with entitlement to        
                 dividend.                                                      
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12 June 2015    Auriga-shares traded without entitlement to dividend.           
(Ex-date)                                                                       
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15 June 2015    Record day with regards to dividend payment.                    
(Record date)                                                                   
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16 June 2015    The dividend is paid to the shareholders.                       
(Value date)                                                                    
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The size of the dividend amounts as well as the timing for the distribution may
be changed, if unexpected events occur before the date of distribution. Any
remaining amount, expected to be around DKK 2 per share, will be distributed at
a later stage. 



AURIGA INDUSTRIES A/S


Lene Faurskov
Manager, Investor Relations
Mobile: +45 41 64 05 04

investor@auriga.dk
News Source: NASDAQ OMX



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2015-06-08 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English                
Company:     Auriga Industries A/S  
 
 
             Denmark                
ISIN:        DK0010233816           
 
 
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