exceet Group SE: Expiration of the public warrants as well as the conversion of Class B and Class C shares on 26 July 2016
Montag, 25.07.2016 18:55 von DGAP
DGAP-Media / 25.07.2016 / 18:52
exceet Group SE
LU0472835155, WKN AOYF5P
Luxembourg, 25 July 2016 - 06:30 p.m. - exceet Group SE (the "Company")
hereby announces that the Public Warrants, none of which have to date been
exercised or redeemed, will expire on 26 July 2016 and will automatically
and immediately be cancelled on 27 July 2016 and that the Warrantholders
will then have no further rights in respect of the Public Warrants, all in
accordance with clause 9.2 of their terms and conditions.
Furthermore the Company announces that on 26 July 2016 the conversion right
for holders of Class B and Class C shares contained in the articles of
association of the Company will also expire. In due time the Company
intends to call an extraordinary general meeting (the "EGM") to be held
later this year to resolve on the decrease of the Company's share capital
by an amount of EUR 216,000.00 from EUR 527,960.16 to EUR 311,960.16
through the cancellation of all (i) 5,210,526 redeemable Class B shares and
(ii) 9,000,000 redeemable Class C shares from their holders at their
accounting par value; the date of the intended EGM and the related
convening notice will be published soon as they are fixed. Upon the
intended cancellation of the Class B and Class C shares, the total amount
of shares and voting rights in issue will be reduced and will amount to
20,523,695 shares and voting rights. Persons who will be major shareholders
or otherwise fall under the relevant stipulations of the amended Luxembourg
law of 11 January 2008 on transparency requirements in relation to
information about issuers whose securities are admitted to trading on a
regulated market at the time the cancellation of the Class B and Class C
will become effective are reminded of their potential notification
obligations under that law.
Please contact for further information:
Wolf-Günter Freese, acting CEO & CFO - Email: Investor.relations@exceet.lu
exceet Group SE
115, avenue Gaston Diderich
L-1420 Luxembourg
Phone +352 26 29 91 22
ISIN LU0472835155 (Public Shares), Regulated Market, Prime Standard,
Frankfurt/Main
exceet will announce half year results for 2016 on 8 August 2016 (after
closing of the market)
About exceet
exceet is an international technology group, which is specialized in the
development and production of intelligent, complex and secure electronics.
End of Media Release
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Issuer: exceet Group SE
Key word(s): Enterprise
25.07.2016 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.dgap.de
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Language: English
Company: exceet Group SE
115, avenue Gaston Diderich
L-1420 Luxemburg
Grand Duchy of Luxembourg
Phone: +352 2629 9122
Fax: +352 2629 9150
E-mail: info@exceet.ch
Internet: www.exceet.ch
ISIN: LU0472835155, LU0472839819
WKN: A0YF5P, A1BFHT
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Munich, Stuttgart, Tradegate
Exchange
End of News DGAP Media
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