Press releaseeuro adhoc: other / PALFINGER AG - Stock Split2007-06-22T08:05:03Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. Company Information 22.06.2007 PALFINGER to effect stock split as of 29 June 2007 Four-for-one stock split, increasing the number of PALFINGER shares to 37,135,000 Issued share capital raised to EUR 37,135,000 The 4-for-1 stock split of the PALFINGER share will be implemented as of 29 June 2007, increasing the number of shares from currently 9,283,750 to 37,135,000. At the same time the price of the PALFINGER share will be adjusted to a fourth of the most recently quoted price. The Annual General Meeting of 28 March 2007 resolved on the stock split as well as the necessary doubling of the issued share capital from capital reserves from EUR 18,567,500 to EUR 37,135,000. After implementing the stock split, the pro-rated interest in the issued capital of PALFINGER AG will amount to EUR 1.00 per no-par-value share. The resulting changes to the Articles of Association have been entered into the commercial register. Following the split, each shareholder will hold four shares for each share previously held. As of the effective date, shareholders will automatically be credited with the amount of the additional shares received. The stock split will be carried out at no cost to shareholders. end of announcement euro adhoc 22.06.2007 07:27:47 Further inquiry note: Hannes Roither, PALFINGER AG Permalink:
|
Additional Informationhttp://www.palfinger.comDas Presseportal ist ein Service von news aktuell und die Datenbank für Presseinformationen im deutschsprachigen Raum. www.presseportal.de |