PROCON MultiMedia AG
PROCON MultiMedia Aktiengesellschaft increases capital by utilization of authorized share capital against contribution in cash and in kind
PROCON MultiMedia AG / Key word(s): Corporate Action 25.10.2010 19:37 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- As of October 25, 2010 the management board of PROCON MultiMedia Aktiengesellschaft, a worldwide leading technical full service provider for movie-, television and event business, with the consent of the supervisory board, resolved to increase the company's nominal capital against contribution in cash and in kind on the basis of the authorization according to sec. 5 para 4 of the company's articles of association from EUR 19,828,317.00 to up to EUR 29,742,475.00 by emis-sion of 9,914,158 new common shares with an issuing amount of EUR 1.38. The shareholders will be entitled to subscription. The subscription ratio is two existing shares to one new share. The shareholder MHG Media Holdings GmbH, Düsseldorf, will contribute all shares in MHG Me-dia Equipment GmbH, Duesseldorf, by way of contribution in kind in exchange for 9,183,003 new common shares. Up to further 731,155 new shares will be offered for subscription to the other shareholders against contribution in cash by way of an indirect subscription right. The term to execute the subscription right will presumably last from October 28, 2010 to November 11, 2010. A trade in subscription rights will not be organized by the Company. The subscription offer will presumably be published in the Electronic Federal Gazette and in the Frankfurter Allgemeine Zeitung on October 27, 2010. Hamburg, October 25, 2010 PROCON MultiMedia Aktiengesellschaft Management Board 25.10.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: PROCON MultiMedia AG Bredowstr. 34 22113 Hamburg Deutschland Phone: 040/670 886-0 Fax: 040/670 61 59 E-mail: info@procon-online.de Internet: www.procon-online.de ISIN: DE0005122006 WKN: 512200 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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