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Provider: Reuters Investment Profile
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Provider: Sadif Analytics Prime
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Provider: Wright Reports
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MAX21 Management und Beteiligungen AG to issue new shares to help further acquire pawisda systems GmbH


Thursday, 3 Apr 2014 09:52am EDT 

MAX21 Management und Beteiligungen AG:Decides to perform non-cash and cash capital increase.To increase cash capital from 4,555,216.00 euros by up to 409,988.00 euros to up to 4,965,204.00 euros.This is by issuing of up to 409,988 new no-par value registered shares.Issue price of 2.40 euros per new no-par value bearer shares.Apart from cash capital increase, company to increase to share capital against contributions from 4,965,204.00 euros by up to 1,867,620.00 euros to up to 6,832,824.00 euros, by issuing up to 1,867,620 new no-par value registered shares.Issue price of 2.40 euros per new no-par value bearer shares.This step to help to fully acquire pawisda systems GmbH.Says would acquire 75 pct of minority interest of pawisda systems GmbH.Ownership interest is now at just under 50 pct.Apart from cash payment, shares in pawisda systems GmbH are to be taken up by other shareholders by way of contribution of equity interests.Pawisda systems GmbH is company in hybrid and digital mail management. 

Company Quote

3.486
0.156 +4.68%
15 Aug 2014