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Adler Modemaerkte AG announces placement of treasury shares at 10.00 eu ros per share


Tuesday, 14 Jan 2014 03:30am EST 

Adler Modemaerkte AG:Says its Management Board fully and successfully completed the sale of up to 888,803 treasury shares, being equivalent to approx. 4.8 percent of the share capital.Says shares were offered for acquisition to qualified investors in Germany and in other European countries by way of an accelerated bookbuilding and were placed at a price of 10.00 euros.Says gross proceeds from the issue accruing to the company amount to approx. 8.9 million euros.Says as a result of the sale the free float will increase by 4.8 percent of the share capital. 

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