EANS-News: Lenzing AG
Lenzing AG: Seven-for-one share split to come into
effect as of 28 December 2010
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
Stock Activity
Lenzing (euro adhoc) - The extraordinary shareholders' meeting of Lenzing AG, held on 10 December 2010, approved a resolution to re-divide the company's nominal capital by means of a seven-for-one share split. The number of bearer shares will thereby grow by 22,050,000 no-par shares, from 3,675,000 no-par shares to 25,725,000 no par shares. The share split will provide the shareholders with six additional no-par shares for each no-par share. The Lenzing share will be traded in its new denomination as of 28 December 2010. The share split will be free of charge for shareholders.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-918-2713
mailto:a.guldt@lenzing.com
Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official market
Original content of: Lenzing AG, transmitted by news aktuell