• CFO Dr. Alexander Blum to leave Gigaset at the end of the year

    Dr. Alexander Blum, the Chief Financial Officer of Gigaset AG, today informed the Supervisory Board that he will terminate his contract of employment by the due date effective December 31, 2014. Dr. Blum will fully discharge his duties until the end of the year so that a successor can be appointed and become familiarized with the tasks. That will ensure a smooth handover.

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  • Gigaset repays all bank debts and completes extensive restructuring of its funding base

    Gigaset AG today repaid all its financial liabilities, including all unpaid interest, totaling €25.0 million. This was made possible by the proceeds from the capital measures that were successfully placed recently and brought Gigaset in a net sum of €33.9 million. "The Gigaset Group is now completely free of financial debt and so has a raft of new options to ensure that its growth strategy can be financed further," says CFO Dr. Alexander Blum.

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  • Gigaset AG obtains around €33.9 million from successful placement of the capital increase and convertible bond

    As part of the rights offers made by Gigaset AG (ISIN DE0005156004) and completed as scheduled on July 14, 2014, 3,5% of the subscription rights to shares and 1,5% of the subscription rights to convertible bonds were exercised.

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