FRANKFURT, March 27 (Reuters) - Porsche:
* Says sets subscription price for new ordinary and new preferred shares at EUR
38.00 per share
* Says earnings per share capital will be increased by up to to EUR 131,250,000
from EUR 175,000,000 to up to EUR 306,250,000
* Says cap hike to including issuance of 65.6 million new ordinary shares, 65.6
new preferred shares
* Says subscription ratio for ordinary and preferred shares at 1:0.75
* Says new shares will havedividend rights starting as from August 1, 2010.
* Says approval by bafin expected to be granted on March 28, 2011
* Says will raise net proceeds expected to amount to approximately EUR 4.89
billion
((Frankfurt Newsroom; +49 69 7565 1272))
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* Says sets subscription price for new ordinary and new preferred shares at EUR
38.00 per share
* Says earnings per share capital will be increased by up to to EUR 131,250,000
from EUR 175,000,000 to up to EUR 306,250,000
* Says cap hike to including issuance of 65.6 million new ordinary shares, 65.6
new preferred shares
* Says subscription ratio for ordinary and preferred shares at 1:0.75
* Says new shares will havedividend rights starting as from August 1, 2010.
* Says approval by bafin expected to be granted on March 28, 2011
* Says will raise net proceeds expected to amount to approximately EUR 4.89
billion
((Frankfurt Newsroom; +49 69 7565 1272))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.