Fabasoft Planning Capital Increase

Business › n.a. ♦ Published: June 3, 2011; 14:14 ♦ (Vindobona)

The Austrian software company prepares for a capital increase by € 2.5m.

Fabasoft Planning Capital Increase / Picture: © Fabasoft

The Upper-Austrian Fabasoft AG, which is listed on the Frankfurt Stock Exchange, announced that the annual general meeting will authorize the board to increase the nominal capital by € 2.5m to € 7.5m. The decision will be valid for a maximum of five years.

In the past financial year 2010/11 (ended on March 31), Fabasoft recorded an operating loss of € 300,000 (after €…

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