Quanmax AG increases share capital by issuing new shares carrying pre-emptive subscription rights

Quanmax AG  / Key word(s): Capital Increase01.12.2011 11:14Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Quanmax AG increases share capital by issuing new shares carryingpre-emptive subscription rights  - Pre-emptive subscription right 1 new share at EUR 1.70 for each 9 old    shares  - The management and major core shareholders guarantee 90% of the capital    increase  - Capital measure finances the acquisition of S&T Linz, 1st December 2011. On 1st December 2011, the Management Board ofQuanmax AG decided to increase S&T's share capital by means of authorisedcapital after having obtained the Supervisory Board's consent on the sameday. In the course of this capital increase, the share capital of QuanmaxAG of currently EUR 24,127,298.00, divided into 24,127,298 non-par valuebearer shares with a pro rata amount of the share capital of EUR 1.00 pershare, is increased in return for a cash contribution by an amount of up toEUR 2,680,810.00 to up to EUR 26,808,108.00 by issuing up to 2,680,810.00new non-par value bearer shares with an arithmetical share in the sharecapital of EUR 1.00 per share ('New Shares'). The New Shares entitle theshareholders to a share in profits as of 1st January 2011. The New Sharesare issued for a subscription price of EUR 1.70 per share. Only existingshareholders of the company are permitted to subscribe for the New Shares.The pre-emptive subscription rights may be transferred within the group ofthese shareholders. Pre-emptive subscription rights are not exchangetraded. The subscription ratio is 9 : 1, i.e. nine (9) old shares entitlethe shareholder to one (1) New Share. Where, as a result of thesubscription ratio, shareholders are notionally entitled to fractions ofshares, they are not entitled to New Shares or a cash payment in respect ofthe arising residual amounts.The subscription period for the New Shares starts on 4 December 2011 andends on 16 December 2011, 12:00 p.m. (CEST) Any New Shares offered forsubscription, but not subscribed for, within the subscription period may bepurchased exclusively by the shareholders at the subscription price underthe so-called 'oversubscription privilege'. Each shareholder entitled toexercise subscription rights may make a binding offer for the purchase ofNew Shares in addition to the New Shares which he is entitled to subscribefor in accordance with the subscription ratio applicable to his old shares.Where, due to high demand for New Shares, it is not possible to allot alladditional New Shares to all shareholders wishing to subscribe for them,offers for the purchase of additional New Shares will be taken into accountin proportion to the ratio at which the statutory subscription rights wereexercised, until the total cash capital increase volume referred to inclause 1 has been exhausted. The major core shareholders and the managementhave committed themselves to subscribe for up to 90% of the capitalincrease if not all subscription rights are exercised.Each shareholder may exercise his subscription right via his custodian bankwith VEM Aktienbank AG, Munich. VEM Aktienbank AG has committed itself tosubscribe for all New Shares under a subscription agreement, to offer themfor subscription by the shareholders by means of an indirect subscriptionright and to allot the shares subscribed for to the shareholders in returnfor payment of the subscription price according to the extent to which theyhave exercised their subscription rights after registration of the capitalincrease in the commercial register. The shareholder must pay thesubscription price of EUR 1.70 per New Share via his custodian bank to VEMAktienbank AG within the subscription period.In total, the company may generate cash funds of up to EUR 4.5 million. Thefunds from the capital increase will strengthen the financial position ofQuanmax AG and contribute to the total funding of the acquisition of S&TAG.The offer for subscribing for shares of Quanmax AG is not a public offer.It is exclusively addressed to already existing shareholders of Quanmax AG.01.12.2011 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Quanmax AG              Industriezeile 35              4021 Linz              AustriaPhone:        +43 (732) 7664 - 0Fax:          +43 (732) 7664 - 801E-mail:       ir@quanmax.agInternet:     www.quanmax.agISIN:         AT0000A0E9W5WKN:          A0X9EJListed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------