exceet shareholders approve capital reduction
The Company's share capital was decreased by EUR 216,000.00 from EUR 527,960.16 to EUR 311,960.16 and the entire amount of Class B shares (5,210,526 shares) and the entire amount of Class C shares (9,000,000 shares) were cancelled; in connection with these cancellations, as soon as practicable after 15 October 2016 the Company will pay a cash consideration to the former holders of the Class B shares and of the Class C shares at the price equal to the nominal amount per share of EUR 0.0152 each. The articles of association of the Company were amended and fully restated accordingly.
The total number of shares and voting rights of the Company now amounts to 20,523,695 shares and voting rights.
Please contact for further information:
Wolf-G?nter Freese, acting CEO & CFO - Email: Investor.email@example.com
exceet Group SE
115, avenue Gaston Diderich
Phone +352 26 29 91 22
ISIN LU0472835155 (Public Shares), Regulated Market, Prime Standard, Frankfurt/Main
exceet will announce the 3Q results for 2016 on 7 November 2016 (after closing of the market)
exceet is an international technology group, which is specialized in the development and production of intelligent, complex and secure electronics.