TA Triumph-Adler AG
Triumph-Adler resolves on capital increase
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Triumph-Adler resolves on capital increase
Nuremberg, September 28, 2004: With the approval of the Supervisory Board, the
Management Board of TA Triumph-Adler AG has resolved on a capital increase from
authorized capital with subscription rights for the existing shareholders. The
capital increase is expected to result in an inflow of funds to the company of
around 15 million euros. The funds are intended to allow the company to better
exploit its growth opportunities in the market and to reduce disproportionately
expensive external financing. Triumph-Adler expects the strengthening of its
equity basis to lead to a significantly better rating from credit institutions.
The capital increase is an integral component of the restructuring of the
Group’s total financing announced by TA Triumph-Adler AG. Other elements are the
restructuring of bank debt into one syndicated loan and the intended inclusion
of Mezzanine financing.
The 5,783,375 new shares will be acquired by Baader Wertpapierhandelsbank AG at
normal market terms, with the obligation to offer them for subscription to the
shareholders of TA Triumph-Adler AG at a ratio of 6:1. The subscription price
will correspond to the nominal value of 2.56 euros per share.
The strategic major shareholder Kyocera Mita is participating to the fullest
extent in this cash capital increase. Moreover, it intends to raise its
investment from today’s 25% to up to 29.9%. Likewise, the Chairman, Dr. Dietmar
Scheiter, will increase his shareholding from today’s 2.8% to up to 3.5%.
Trading in the new shares is scheduled for the beginning of November.
The offering prospectus will be obtainable from the lead bank, from the company
and from the Frankfurt Securities Exchange.
Further information can be obtained from: TA Triumph-Adler AG, Renate Benz,
Phone: +49/911/68 98-101, Fax: +49/911/68 98-200, Mailing address: TA Triumph-
Adler AG, Suedwestpark 23, D-90449 Nuremberg/Germany, E-mail: presse@triumph-
adler.de, http://www.triumph-adler.de
Important Information:
This press statement contains forward-looking statements that are based on the
assumptions and estimations of the management of TA Triumph-Adler AG. Even
though the management believes that these assumptions and estimations are
correct, the actual future development and the actual future results of these
assumptions and estimations may deviate materially owing to many different
factors. These factors could include, for example, a change in the overall
economic situation, exchange rates, interest rates as well as changes in the
development of the market and changes to the competitive situation arising from
technological change. TA Triumph-Adler AG undertakes no guarantee that the
future development and the future results actually achieved will match the
assumptions and estimations expressed in this press statement, nor does it
assume any liability in this regard.
end of ad-hoc-announcement (c)DGAP 28.09.2004
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WKN: 749500; ISIN: DE0007495004; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, München und Stuttgart
281942 Sep 04
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