Quanmax Increases Share Capital

Businessn.a. ♦ Published: December 1, 2011; 12:20 ♦ (Vindobona)

The Austrian distributor of IT products will use the proceeds for the acquisition of S&T. The management and major core shareholders guarantee 90% of the capital increase.

Quanmax Increases Share Capital / Picture: © Vindobona.org

The Management Board of Quanmax AG today decided to increase the share capital by means of authorized capital after having obtained the Supervisory Board's consent. In the course of this capital increase, the share capital of Quanmax AG of currently € 24,127,298 is increased in return for a cash contribution by issuing up to 2,680,810.00 new non-par value bearer shares. The new shares…

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