Next Generation Entertainment N.V.
Next Generation Entertainment N.V. resolves upon capital increase with oversubscription privilege
Next Generation Entertainment N.V. / Capital Increase Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Maastricht, May 26, 2008 – Next Generation Entertainment N.V. hereby announces that the company’s Board of Directors, with approval from the Supervisory Board, has resolved to increase the company’s share capital by issuance of new ordinary bearer shares by up to EUR 33,333.33 to up to EUR 133,333.33. Existing shareholders are granted subscription rights. In total, the company issues up to 3,333,333 new ordinary bearer shares with a nominal value of EUR 0.01. The issue price for the new shares is EUR 0.06 per share. Shares are issued at ratio of 3:1, entitling every shareholder of the company to subscribe for one new share for every three shares of Next Generation Entertainment N.V. held. In addition to the execution of subscription rights, shareholders are also granted an oversubscription privilege. To make use of this opportunity, shareholders may place respective orders with their depository bank. The subscription period starts on May 29, 2008 and ends on June 12, 2008. Following to the recent acquisition of a participation in IMC, InteractiveMediaConsulting GmbH, the proceeds from the capital increase will be used to strengthen the company’s financial power to press ahead with the development of its strategic business areas and to provide a basis for further projects. In particular, the company is already in advanced stages of negotiation for the acquisition of another attractive participation in the entertainment business. For further information, please refer to the company’s website www.next-generation-entertainment.com. For further questions, please contact our Investor Relations team directly at ir@next-generation-entertainment.com. Next Generation Entertainment N.V. is specializing in the active support of promising and trend-setting projects in the strong growing European entertainment and media business. The company supports innovations in the next entertainment generation primarily with specially designed financial services, such as the design and initiation of closed-end funds. A major focus of the company’s business activities lies on the attractive video games market. 26.05.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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