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- News-Update: Mobimo plans capital increase to enable further growth of its portfolio
November 14, 2011
News-Update: Mobimo plans capital increase to enable further growth of its portfolio
Mobimo Holding AG / Key word(s): Capital Increase 14.11.2011 14:41 Release of an ad hoc announcement pursuant to Art. 53 KR --------------------------------------------------------------------------- Mobimo Holding AG ('Mobimo') intends to conduct a capital increase for an amount of up to CHF 200 million by offering subscription rights to the existing shareholders. It plans to offer for subscrip-tion a total of up to 1,028,150 or 20% new registered shares with a par value of CHF 29 each out of already authorised capital. The aim of the rights offering is to increase Mobimo's equity ratio from 43% (as at 30 June 2011) to temporarily over 50% of total assets, thereby creating flexibility for the company's continued growth. The final terms and conditions as well as the timetable for the capital increase are expected to be announced before the end of November 2011. You may find it using the following Link: http://ir.mobimo.ch/websites/mobimo2011/English/90/capital-increase.html Freundliche Grüsse Christine Hug Assistentin der Geschäftsleitung Kommunikation ________________________________ Mobimo Management AG Seestrasse 59 8700 Küsnacht Tel. +41 44 397 11 86 Fax +41 44 397 11 60 E-Mail christine.hug@mobimo.ch www.mobimo.ch 14.11.2011 News transmitted by EquityStory AG. The issuer is responsible for the contents of the release. EquityStory publishes regulatory releases, media releases on the capital market and press releases. The EquityStory Group distributes authentic and real-time financial news for over 1'300 listed companies. The Swiss news archive can be found at www.equitystory.ch/news ---------------------------------------------------------------------------