exceet Group SE: exceet shareholders approve capital reduction

DGAP-Media / 15.09.2016 / 18:39 exceet Group SE LU0472835155 "exceet shareholders approve capital reduction" Luxembourg, 15 September 2016 - 06:30 p.m. - exceet Group SE (the "Company") hereby announces that the shareholders of the Company in their extraordinary general meeting (EGM) today agreed to the proposals tabled by the management board and by the board of directors of the Company. The Company's share capital was decreased by EUR 216,000.00 from EUR 527,960.16 to EUR 311,960.16 and the entire amount of Class B shares (5,210,526 shares) and the entire amount of Class C shares (9,000,000 shares) were cancelled; in connection with these cancellations, as soon as practicable after 15 October 2016 the Company will pay a cash consideration to the former holders of the Class B shares and of the Class C shares at the price equal to the nominal amount per share of EUR 0.0152 each. The articles of association of the Company were amended and fully restated accordingly. The total number of shares and voting rights of the Company now amounts to 20,523,695 shares and voting rights. Please contact for further information: Wolf-Günter Freese, acting CEO & CFO - Email: Investor.relations@exceet.lu exceet Group SE 115, avenue Gaston Diderich L-1420 Luxembourg Phone +352 26 29 91 22 ISIN LU0472835155 (Public Shares), Regulated Market, Prime Standard, Frankfurt/Main exceet will announce the 3Q results for 2016 on 7 November 2016 (after closing of the market) About exceet exceet is an international technology group, which is specialized in the development and production of intelligent, complex and secure electronics. End of Media Release
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Issuer: exceet Group SE Key word(s): Enterprise 15.09.2016 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: exceet Group SE 115, avenue Gaston Diderich L-1420 Luxemburg Grand Duchy of Luxembourg Phone: +352 2629 9122 Fax: +352 2629 9150 E-mail: info@exceet.ch Internet: www.exceet.ch ISIN: LU0472835155, LU0472839819 WKN: A0YF5P, A1BFHT Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, Tradegate Exchange End of News DGAP Media
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502395 15.09.2016