Heckler & Koch GmbH
Heckler & Koch GmbH: Equity Increase in H&K AG
Heckler & Koch GmbH / Key word(s): Capital Increase Oberndorf a.N., July 6, 2017.
The management board of Heckler & Koch GmbH (ISIN: XS0626438112 & XS0626436769 / WKN: A1KQ5P) announces as per Art. 17 MAR that the board of H&K AG has approved to propose a share capital increase in H&K AG, the resolution of which shall be taken during the next ordinary shareholders meeting in August 2017. The new funds from this share capital increase are expected to be no less than EUR 50 million, and will be passed to Heckler & Koch GmbH to contribute to the envisaged early refinancing of its 2011 9.50% Senior Secured Notes due 2018. A major shareholder of H&K AG has undertaken and secured to provide funds in the amount of EUR 50 million for the capital increase. H&K AG is the ultimate parent company of the Heckler & Koch Group.
06-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Heckler & Koch GmbH |
Heckler & Koch-Str. 1 | |
78727 Oberndorf am Necker | |
Germany | |
Phone: | 07423 79-0 |
Fax: | 07423 79-2327 |
E-mail: | info.ir@heckler-koch-de.com |
Internet: | www.heckler-koch.com |
ISIN: | XS0626438112, XS0626436769 |
WKN: | A1KQ5P |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt; Luxemburg, Wien |
End of Announcement | DGAP News Service |
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