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27.07.2007 | Corporate News - 1:1 Stock Split Executed
+++ Number of Shares Now 2.5 Million
Munich, 07/27/2007: Hansen Sicherheitstechnik AG (ISIN: DE 000HAST002) executed an increase in capital from company funds on July 27, 2007 at a 1:1 ratio. The stock split doubles the number of shares of the Company from 1.25 million to 2.5 million no-par value bearer shares. The shareholders of Hansen Sicherheitstechnik AG are entitled to the new no-par value shares in the same relationship as their current share of issued capital. This reduces the share price of the Hansen share by half. Every share has represents a share of 1.00 Euros of issued capital. The issued capital therefore increases by 1.25 million Euros to 2.5 million Euros.
This has in the meantime been recorded in the Companies Register. The stock split was preceded by the Annual General Meeting of Hansen Sicherheitstechnik AG held on June 21, 2007. The proposal for an increase in capital from company funds was passed unanimously at the meeting. The lowered share price makes the share once again attractive to a larger number of potential investors.
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