TOPHEDGE AG
TOPHEDGE AG: Equity increase and listing on the Frankfurt Stock Exchange
TOPHEDGE AG / Key word(s): Capital Increase/Bond Equity increase and listing on the Frankfurt Stock Exchange Tophedge AG (ISIN DE000A0SLZ91) announces the increase of its equity capital. According to § 272 Abs. 2 Nr. 4 HGB, the company has placed EUR 400,000 in its capital reserve, thereby increasing its equity base. As per December 31st 2011 the company had an equity capital of EUR 0,698 Mio , As a result the company’s equity capital has increased almost EUR 1,1 Mio. The First Quotation Board of the Frankfurt Stock Exchange is going to be closed as of December 15th 2012. For the future so called Quotation Board, new and stricter guidelines and requirements have been set in place per October 1st 2012. All bonds currently listed in the Open Market segment are affected. Tophedge AG has been proactive, in order to remain listed on the Frankfurt Stock Exchange. The Equinet Bank AG functions as a market making specialist for the company’s bonds. Investors can continue to be able to trade Tophedge AG’s bonds as usual on the Frankfurt Stock Exchange also after December 15th 2012. Tophedge AG expects a positive result for the current fiscal year, reflecting a continuation of the Company’s successful track record. Tophedge plans the emission of a low-yielding asset. The previous payment of 9 % p.a., despite the annual interest payment, is no longer in conformance with current market rates. The new interest rate product is planned include a coupon reflecting a yield of 7 % p.a. Tophedge Aktiengesellschaft www.tophedge.de End of Corporate News 29.11.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. 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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