SNP Schneider-Neureither & Partner AG: Management Board and Supervisory Board plan to utilise authorised capital
SNP Schneider-Neureither & Partner AG / Key word(s): Corporate Action
17.05.2016 18:37
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SNP | Ad hoc disclosure in accordance with section 15 of the German
Securities Trading Act (WpHG)
Subject: Corporate action
SNP AG: Management Board and Supervisory Board plan to utilise authorised
capital
Heidelberg, 17 May 2016 - To finance further growth, the Management Board
and Supervisory Board of SNP Schneider-Neureither & Partner AG (ISIN
DE0007203705/WKN 720370) plan to utilise the authorised capital created at
the 2015 Annual General Meeting in the near future by granting subscription
rights to the company's existing shareholders. The company currently
envisages issue proceeds between EUR 25 million and EUR 35 million. The
Chairman of the Management Board, Dr Andreas Schneider-Neureither, who
currently holds approximately 20% in the company's share capital, intends
to take part in the capital increase. In addition, certain senior
management members of the SNP Group intend to purchase new shares from the
capital increase beyond their subscription rights, if any, however subject
to the statutory subscription rights of shareholders.
About SNP
SNP empowers organizations to successfully shape digital transformations
and pursue market opportunities on the basis of highly adaptable IT. SNP's
solutions and software are used to integrate previously separate IT
environments, support M&A projects and carve-outs, and cultivate new
markets outside of the home market. SNP Transformation Backbone(R) is the
world's first standard software to automatically analyze and execute IT
system transformation. It delivers significantly better quality while
greatly reducing the time and expense involved in transformation projects.
SNP AG has over 600 employees in Europe, South Africa, Asia and the US. The
company is headquartered in Heidelberg and generated around EUR 56 million
in revenue in 2015, according to preliminary figures. Its products and
solutions are used by multinationals in manufacturing, finance and the
service sector. SNP AG was established in 1994, went public in 2000, and
has been in the Frankfurt Stock Exchange's Prime Standard segment since
August 2014 (ISIN DE0007203705).
For further information, visit www.snp-ag.com.
Contact for Investor Relations:
Marcel Wiskow
Tel.: +49 6221 6425-637
Fax: +49 6221 6425-470
E-mail: investor.relations@snp-ag.com
http://www.snp-ag.com/eng/Investor-Relations/
17.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: SNP Schneider-Neureither & Partner AG
Dossenheimer Landstraße 100
69121 Heidelberg
Germany
Phone: +49 6221 6425 637
Fax: +49 6221 6425 470
E-mail: investor.relations@snp-ag.com
Internet: www.snp-ag.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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