Wire Card AG / Issue of Equity
06.10.2005
Corporate-announcement transmitted by EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
Berlin / Grasbrunn, Munich, 06. October 2005. The rights offering and capital increase from authorised capital of Wire Card AG, as announced on 14 September 2004, has been successfully completed. After deduction of the statutory subscription rights and the incremental over-subscription rights for existing shareholders, the private placement has been oversubscribed by 25 times. Within the rights offering, 64 % of the offer was subscribed to. Another 19% of the capital increase was subscribed to through the exercise of the over-subscription rights. A private placement took place for the remainder of the shares from the capital increase. Another 19% of the capital increase was subscribed to through the exercise of the over-subscription rights. A private placement took place for the remainder of the shares from the capital increase.
Wire Card AG CEO, Dr. Markus Braun comments: "The enormous interest of a wide range of investors is a confirmation of our corporate strategy. We are glad to strengthen our shareholder's base with our new investors."
The company will receive gross proceeds from this increase of its share capital by 6,694,457 shares for EUR 3,30 each in an amount exceeding EUR 22 Mio. A prospectus has already been prepared for the admittance of all remaining shares to trading and has been submitted to the Federal Financial Supervisory Authority (BaFin). A listing of the new shares is expected in the course of this month.
Due to the waiver of the statutory subscription rights by the majority shareholder, ebs Holding AG, the amount of shares in free float is increased to 25.87%.
VEM Aktienbank AG, Munich and Blue Corporate Finance GmbH & Co. KG, Munich have acted as an advisor to Wire Card AG.
About WIRE CARD AG: Wire Card AG is one of the leading European providers of payment systems and risk management- and communications services. Wire Card offers a broad variety of payment options (credit card, debit transactions, wire transfer, billing, pre-payment, debit cards) as well as CLICK2PAY, an alternative form of payment in the internet. The software platform is currently used by over 2,000 customers worldwide.
Press Contact: Iris Stöckl, Wire Card AG, Tel. 089 4424 2034, iris.stoeckl@wirecard.com Dr. Kay Baden, Kirchhoff Consult AG, Tel. 040 609 186 39, baden@kirchhoff.de
EquityStory AG 06.10.2005 ---------------------------------------------------------------------------
language: English emitter: Wire Card AG
Voigtstr. 31
10247 Berlin Deutschland phone: +49 (0)30 726 102-0 fax: +49 (0)30 726 102-199 email: ir@wirecard.com WWW: www.wirecard.com ISIN: DE0007472060 WKN: 747206 indexes: CDAX, Prime All Share, Technology All Share stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Düsseldorf, Hamburg, München
End of News EQS News-Service
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06.10.2005
Corporate-announcement transmitted by EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
Berlin / Grasbrunn, Munich, 06. October 2005. The rights offering and capital increase from authorised capital of Wire Card AG, as announced on 14 September 2004, has been successfully completed. After deduction of the statutory subscription rights and the incremental over-subscription rights for existing shareholders, the private placement has been oversubscribed by 25 times. Within the rights offering, 64 % of the offer was subscribed to. Another 19% of the capital increase was subscribed to through the exercise of the over-subscription rights. A private placement took place for the remainder of the shares from the capital increase. Another 19% of the capital increase was subscribed to through the exercise of the over-subscription rights. A private placement took place for the remainder of the shares from the capital increase.
Wire Card AG CEO, Dr. Markus Braun comments: "The enormous interest of a wide range of investors is a confirmation of our corporate strategy. We are glad to strengthen our shareholder's base with our new investors."
The company will receive gross proceeds from this increase of its share capital by 6,694,457 shares for EUR 3,30 each in an amount exceeding EUR 22 Mio. A prospectus has already been prepared for the admittance of all remaining shares to trading and has been submitted to the Federal Financial Supervisory Authority (BaFin). A listing of the new shares is expected in the course of this month.
Due to the waiver of the statutory subscription rights by the majority shareholder, ebs Holding AG, the amount of shares in free float is increased to 25.87%.
VEM Aktienbank AG, Munich and Blue Corporate Finance GmbH & Co. KG, Munich have acted as an advisor to Wire Card AG.
About WIRE CARD AG: Wire Card AG is one of the leading European providers of payment systems and risk management- and communications services. Wire Card offers a broad variety of payment options (credit card, debit transactions, wire transfer, billing, pre-payment, debit cards) as well as CLICK2PAY, an alternative form of payment in the internet. The software platform is currently used by over 2,000 customers worldwide.
Press Contact: Iris Stöckl, Wire Card AG, Tel. 089 4424 2034, iris.stoeckl@wirecard.com Dr. Kay Baden, Kirchhoff Consult AG, Tel. 040 609 186 39, baden@kirchhoff.de
EquityStory AG 06.10.2005 ---------------------------------------------------------------------------
language: English emitter: Wire Card AG
Voigtstr. 31
10247 Berlin Deutschland phone: +49 (0)30 726 102-0 fax: +49 (0)30 726 102-199 email: ir@wirecard.com WWW: www.wirecard.com ISIN: DE0007472060 WKN: 747206 indexes: CDAX, Prime All Share, Technology All Share stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Düsseldorf, Hamburg, München
End of News EQS News-Service
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