Satair A/S
Satair A/S to issue new shares in connection with the exercise of warrants

Satair A/S 

13.09.2011 14:08

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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On 13 September 2011 Satair A/S has effected an increase of the share capital
by a nominal amount of DKK 1,874,300 as a consequence of members of the
Company's management team's exercise of previously issued warrant. It is
expected that the share capital increase will be registered with the Danish
Commerce and Companies Agency on 14 September 2011. Subsequently, the Company's
registered share capital will amount to a nominal value of DKK 87,683,920
corresponding to 4,384,196 shares of a nominal value of DKK 20 each and a
corresponding number of votes. 



The new shares have been subscribed according to the issued warrants without
pre-emption rights for Satair A/S' existing shareholders and at a subscription
price of DKK 201.34 per share of a nominal value of DKK 20. The new shares are
subject to the same terms as the company's remaining shares. 



The new shares carry the right to dividend, if any, for the financial year
2011/12 from the time of registration of the capital increase. It is expected
that the shares will be accepted for listing with NASDAQ OMX Copenhagen A/S on
16 September 2011. 



Following the exercise of these warrants the Company have 18,284 remaining
warrants. 



Further information

John Stær, jst@satair.com, +45 4015 9286

CFO Michael Højgaard, mih@satair.com, +45 4030 4349
News Source: NASDAQ OMX



13.09.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Satair A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010230390
WKN:          
 
End of Announcement                             DGAP News-Service
 
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