S&T System Integration & Technology AG: S&T AG decides on increase of capital stock for the par value of EUR 8 million

Vienna (pta023/23.07.2012/16:00 UTC+2) S&T AG decides on increase of capital stock for the par value of EUR 8 million

Vienna, 23.07.2012. The Management- and Supervisory Board of S&T System Integration & Technology Distribution AG have decided the second increase of capital by investors Quanmax AG and grosso holding GmbH, which was part of the restructuring agreement. The capital increase is agreed to the exclusion of subscription rights for the remaining shareholders. The subscription price per share with a nominal value of 2.00 EUR was set at 2.028 EUR.
In the course of the acquisition of S&T System Integration & Technology Distribution AG, Quanmax AG and Grosso Holding GmbH committed themselves to invest another EUR 8 Mio in S&T System Integration & Technology Distribution AG, at the latest in November 2012. S&T System Integration & Technology Distribution AG will use the cash-in to reduce its bank liabilities.

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Emitter:	S&T System Integration & Technology AG Geiselbergstraße 17-19 1110 Wien Austria
Contact Person:	Sandra Grünwald
Phone:	+43(1)36780881051
E-Mail:	Sandra.Gruenwald@snt-world.com
Website:	www.snt-world.com
ISIN(s):	AT0000905351 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)