Gigaset resolves upon issuance of new shares and convertible bonds with subscription rights

Gigaset AG (ISIN DE0005156004) resolved today to increase its share capital by way of a rights offering of shares and to issue a new convertible bond.

Gigaset AG: Court ruling reduces cartel fine by EUR 1m

In a decision published today, the European Court of First Instance partly followed the legal opinion of Gigaset AG (previously trading under Arques Industries AG) and reduced the fine imposed on the company by the European Commission in its 2009 SKW case by EUR 1m. Gigaset's further claims were dismissed.

Gigaset: 70% success in Evonik lawsuit

Result within accruals

Capital increase and convertible bonds successfully placed - Gigaset receives EUR 42,9 m in equity - conditions for placement of rump shares to backstop investor are met

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

Lawsuit with Sommer administratior amicably settled

Gigaset AG as defendant and the insolvency administrator appointed over Sommer Road Cargo Solutions GmbH & Co. KG ("Sommer") as claimant have today amicably settled their lawsuit which was pending from January 2013.

Capital increase out of authorized capital and issuance of convertible bond -
backstop investor available subject to condition that investor achieves 30% of share capital – takeover bid expected

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN, OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.

Gigaset obtains 10.4 million EUR financing commitment

Gigaset Communications GmbH, an affiliate of Gigaset AG, has today entered into a EUR 10.4 million bridge financing agreement with a syndicate led by Deutsche Bank AG.

Ad hoc release: Member of Gigaset AG Supervisory Board resigns for personal reasons

The Executive Board of Gigaset AG has been informed today that Dr. Dr. Peter Löw will resign from his position as Member of the Supervisory Board for personal reasons.

Ad hoc release: Supervisory board elects Bernhard Riedel as new chairman

In today’s meeting the Supervisory Board of Gigaset AG unanimously elected Mr. Bernhard Riedel as the new chairman.

In this role Mr. Riedel succeeds Rudi Lamprecht, who resigned for private and personal reasons.

Ad hoc release: Chairman of Gigaset AG Supervisory Board resigns for personal reasons

Rudi Lamprecht, Member of the Gigaset AG Supervisory Board since June 10, 2011 and Chairman of the Supervisory Board, will resign his position as Chairman of the Supervisory Board for purely personal and private reasons and leave the Supervisory Board on March 15, 2013.