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mic AG decides on a capital increase to finance further growth

Press Release

Munich , July 10, 2008. mic AG, a listed, Munich based investment firm specializing in early-stage technology ventures has decided to increase the company’s equity capital to enhance future growth. The Executive Board decided upon an increase in share capital from 2,155 Mio. Euro to 2,355 Mio. Euro by issuing 200,000 new shares for cash payment with a preference right in favour of existing shareholders, a decision approved by the company’s Supervisory Board.

The new shares will be available to the existing shareholders with a ratio of 10:1 at a subscription price of 10,50 Euro per share. The shares that are not distributed will be available to institutional and private investors through a private placement at a stipulated purchase price. All transferable shares as of 1.1.2007 valued at 1 Euro no-par have dividend rights. VEM Aktienbank AG, in Munich is acting as the manager for the transactions. Further details of the subscription will be announced shortly.

In total, 75 % of the proposed capital increase has already been secured by a group of investors with whom mic AG has a long history of a relationship.

„The capital increase will strengthen the company’s position and provide the means to accelerate our developments“, announced Claus-Georg Müller, CEO of mic AG. „Last year we achieved excellent financial results meeting our objectives as we prepare for the organic growth of the organisation. We are excited to provide the company with resources it needs to begin the new growth phase on the domestic and international level. This is an important step, which together with the successful exits that we executed last year, solidifies our position as a leading early-stage investor. Part of the funds will be used to strengthen the growth strategy of our existing portfolio companies. With strategically planned investments in innovative technologies, we want to exploit the growth potential of these young companies and secure even a stronger presence in the future markets.“

About mic AG
mic AG is a publicly traded company listed in the Entry Standard of the German Stock Exchange. The principal strategy of mic AG is to invest in the early stages of technology firms and provide these firms with a multi-faceted suite of services: financial, administrative, legal, consulting, sales and marketing. The portfolio companies benefit from market maturity and positioning of mic AG and its established management applications. mic AG is active in the Microsystems, Communication/Fiberoptics and Medicine Technology sectors. Since the admission to the Stock Exchange in 2006, mic AG has successfully sold 3 portfolio companies and currently holds 10 subsidiaries in its portfolio.

Contact Information:
mic AG
Joanna Izdebski
Tel: +49-(0)3693 8813 133
Fax:+49-(0)3693 8813 149

Publisher Contact Information:

mic AG
Tel: +49-(0)3693 8813 133

Company profile of mic AG
Past press releases of mic AG.


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