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Foundry Daily News

01. November 2010

SCHMOLZ BICKENBACH AG publishes details of planned capital expansion

The board of directors of SCHMOLZ BICKENBACH AG announces the final output conditions of the damaged angekun capital increase of CHF determined 297 million.

The shareholders of the SCHMOLZ BICKENBACH AG are offered for each 2 shares held for 5 new shares at a subscription price of CHF 3.97 per registered share. A total of 75,000,000 new registered shares of CHF spent 3:50 par. Since the subscription price per share below the current nominal value of the shares of SCHMOLZ BICKENBACH AG has been established, the Board of the extraordinary general meeting an ordinary capital increases along with transaction term capital reduction applied by reducing the nominal value of previously CHF 10.00 to CHF 3.50 per registered share.

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