DGAP-News: Balda AG: Balda increases share capital


Balda AG / Key word(s): Capital Increase

29.11.2007 22:42


Balda increases share capital

– Share capital from authorised capital increased by up to 6,769,584


– Subscription period December 3 to December 17, 2007, subscription ratio


– Subscription price to be set on December 10, 2007 prior to the start of


Bad Oeynhausen, November 29, 2007. With the approved capital increase Balda

is setting a clear course for the future. ‘We will reduce our liabilities

and we will gain flexibility for future growth,’ says Joachim Gut, the

Chairman of the Managing Board of Balda AG.

The share capital is being increased from 47,387,088 shares at present to

up to 54,156,672 shares. The up to 6,769,584 new shares have the same

rights as the shares that have already been issued. The new shares will be

offered to the Balda shareholders for subscription in the period from

December 3 to December 17, 2007 (12:00 noon, Frankfurt Time) by a syndicate

of banks, comprising Sal. Oppenheim and Landesbank Baden-Wuerttemberg. The

subscription ratio is 7:1.

The subscription price is expected to be fixed at December 10, 2007 prior

to the start of trading. Any new shares that have not been subscribed shall

be placed with German and international institutional investors outside the

USA, Canada and Japan by means of a private placement.

The subscription rights will be traded on Frankfurt Stock Exchange in the

period from December 3 to December 13, 2007. The new shares from the

capital increase are expected to be included in the listing of the old

Balda shares on December 19, 2007.

Together with the new shares from the capital increase a further 4,691,321

shares from the capital increase approved in November 2006, as well as up

to 23,653,544 shares, that could be created from the existing conditional

capital will be admitted for trading.

* * *

Company profile Balda AG

The internationally operating Balda Group develops and produces highly

integrated devices comprising plastic, metal and electronic components as

well as touch sensors. Among the customers of the SDAX listed company are

international brand-names from the mobile telephony industry, medical

technology and various related markets.

The integration of plastic and touch screen technologies creates completely

new customer benefits. Only Balda currently offers both technologies from

one source on a global scale. The group has a strong position in the

important growth markets China and India and owns four production

facilities in the region. Plants in Brazil and in Malaysia, as well as the

facility in Germany for Balda Medical, underline the global competitiveness

of the group of companies.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2691, Mail: croehl@balda.de, Internet:


* * *

This press announcement includes ‘forward-looking statements’ which are

based on the current expectations of the management of Balda. They are

subject to risks and uncertainty because they relate to events and depend

on circumstances that will occur in the future, such as, for example,

developments in the mobile communications industry, changes in technology

and the ability to timely and successfully develop new products and various

other factors. Balda does not undertake any obligation to update publicly

or revise forward-looking statements except to the extent legally required.

This press announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States or

elsewhere. The shares in Balda AG (the ‘Shares’) may not be offered or sold

in the United States or to or for the account or benefit of U.S. persons

(as such term is defined in Regulation S under the U.S. Securities Act of

1933, as amended (the ‘Securities Act’)) unless registered under the

Securities Act or pursuant to an exemption from such registration. The

Shares have not been and will not be registered under the Securities Act.

29.11.2007 Dissemination of a Corporate News, transmitted by DGAP –

a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements,

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Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service