Balda Aktiengesellschaft

ots Ad hoc-Service: BALDA AG Stock Split 1:4

The sender is solely responsible for the contents of this announcement. -----------------------------------------------------     Bad Oeynhausen (ots Ad hoc-Service) - Balda AG will conduct a 1:4 stock split with effect as of May 31, 2000. The depositary banks will perform the change on their books after the close of trading on May 30, 2000. For every old share the shareholders will receive four new shares, each representing a proportional holding of 1,00 euro in the company's share capital. The official listing on the Neuer Markt section of the Frankfurt Stock Exchange will be converted on May 31, 2000.

    At the first regular shareholders' meeting in Bielefeld on April 12, 2000, the shareholders of Balda AG approved an increase of the share capital of the company by an overwhelming majority. The former share capital of 8.35 million euros was increased by 25.05 million euros to 33.40 million euros. The capital increase was recorded in the Register of Companies on May 17, 2000. Balda develops and manufactures cellular phone components for the world market leaders in the mobile communications industry.

Please direct inquiries to: Balda AG, Cersten Hellmich (Investor Relations), Phone: ++49 (5734) 922-706, Fax: ++49 (5734) 922-702, E-mail:, Internet:

    End of message ----------------------------------------------------- Internet:

Original-Content von: Balda Aktiengesellschaft, übermittelt durch news aktuell

Weitere Meldungen: Balda Aktiengesellschaft

Das könnte Sie auch interessieren: