Capital increase with the exclusion of subscription rights: Goldin Fund takes a further 7.2 percent stake in Gigaset AG – Proceeds of around €5 million

Munich, November 8, 2013 – The Executive Board and Supervisory Board of Gigaset AG today decided to increase the company’s capital stock further by €5,001,491.00 to €74,587,451.00. As part of that, 5,001,491 new bearer shares will be issued from the authorized capital in return for a cash contribution. All the new shares will be issued at €1.00 per share and subscribed to by Goldin Fund Pte. Ltd. from Singapore. The statutory subscription right of shareholders was excluded in accordance with the possibility expressly envisaged by the 2013 Shareholders’ Meeting.

The Executive Board is thereby adhering to the process defined in the investor agreement with Goldin Fund Pte. Ltd. and announced on September 27, 2013. The 5,001,491 new shares correspond to around 7.2 percent of the current capital stock and are entitled to participate in profits as of January 1, 2013. Admission of the new shares to trading on the Regulated Market with simultaneous admission to the subsection of the Regulated Market with further obligations arising from admission (Prime Standard) of Frankfurt Stock Exchange will be carried out without any prospectus.

This document is for promotional purposes only and is not a securities prospectus. This document does not constitute an offer of securities for sale in the United States of America (USA) or in any jurisdiction in which such offer may be restricted. Securities mentioned in this document may be sold in the United States only with the prior registration, or an exemption from registration under the Securities Act of 1933, as amended from time to time. Gigaset AG does not intend to register the offer of the Securities in whole or in part in the United States or to execute a public offering of securities in the United States or elsewhere, except in Germany.

Gigaset AG, Munich, is an internationally operating company in the area of communications technology. The Company is Europe's market leader in DECT telephones. The premium supplier ranks second worldwide with around 1,400 employees and a market presence in about 70 countries.

Gigaset AG is listed on the Prime Standard of Deutsche Börse and thus is subject to the highest requirements for transparency. Its shares are traded on the Frankfurt Stock Exchange under the symbol 'GGS' (ISIN: DE0005156004).

« Back to OverviewTop