CeWe Color reduces its registered share capital
CeWe Color Holding AG / Capital Reorganisation
Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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CeWe Color reduces its registered share capital
Oldenburg, 21st July 2006 – As of today, CeWe Color Holding AG (SDax, ISIN
DE 0005403901) will be reducing the registered share capital of the company
by 10%, from EUR 15.6 million to EUR 14 million or from 6.0 million to 5.4
million denominated shares worth EUR 2.60 each. The conducting of the
reduced call in of 600,000 own company ordinary bearer shares which are
held by the company is to be published in a separate announcement in the
Bundesanzeiger and in the Frankfurter Allgemeine Zeitung.
Besides authorising the call in of 600,000 own company shares the Annual
General Meeting of 1 June 2006 also authorised the Board of Management of
CeWe Color Holding AG to buy back up to 540,000 own shares. The shares are
for possible company takeovers, for the Stock Option Plan implemented in
September 2005 (application volume: 199,500 shares) or for another call in.
Optimising the financial structure
With this measure the Board of Management wishes to optimise the financial
structure of the photofinishing group and to enable shareholders to benefit
from a higher pay-out rate in the long term. CeWe Color will also be
engaging a financial consultant to analyse and conduct possible measures to
optimise the financial structure of the company. The capital ratio was 43.3
% on 31 December 2005. Long-term debts amount to EUR 40.3 million and
short-term debts total EUR 108 million.
Should you have any queries, please contact:
CeWe Color Holding AG, Hella Hahm, Tel.: 0441 / 404 - 400 (Secretary – 234)
or
0171 / 34 50 530, Fax: 0441 / 404-421, email: hella.hahm@cewecolor.de
Internet: www.cewecolor.com
DGAP 21.07.2006
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Language: English
Issuer: CeWe Color Holding AG
Meerweg 30-32
26133 Oldenburg Deutschland
Phone: +49 (0)441 40 4-1
Fax: +49 (0)441 40 4-42 1
E-mail: info@cewecolor.de
WWW: www.cewecolor.de
ISIN: DE0005403901
WKN: 540390
Indices: SDAX
Listed: Geregelter Markt in Berlin-Bremen, Frankfurt (Prime
Standard); Freiverkehr in Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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