Bossard Holding AG : announces details of the capital increase in connection with the acquisition of KVT-Fastening | 4-Traders

Article by · 2013/03/12 ·

Press Release Bossard Holding AG announces details of the capital increase in connection with the acquisition of KVT-Fastening Zug, March 12, 2013 – The Bossard Group, specialist in complex fastening solutions, acquired the KVT-Fastening division from KVT Group for about CHF 200 million in November 2012. In order to increase the equity ratio, which fell as a result of the ac- quisition, the board of Bossard Holding AG will propose an ordinary capital increase at today’s Annual General Meeting. Shareholders’ subscription rights will be secured. Bossard is announcing the conditions for the capital increase subject to approval by the Annual General Meeting. It is the intention to list the new bearer shares on the ex- change on March 25, 2013. The new shares are fully entitled to dividend payments for the 2013 financial year. (…)

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