Press Release
Cash capital increase approved at Annual General Meeting of Shareholders on May 23, 2007
Berlin, May 24, 2007 – The Management Board of Beta Systems Software AG (BSS, ISIN DE0005224406) announces that on May 23, 2007, the Annual General Meeting of Shareholders passed a resolution to increase the company's share capital against cash contributions. The company's share capital will be increased from EUR 11,517, 058.80 by up to EUR 5,758,529.40 to a maximum of EUR 17,275,588.20 through the issue of up to 4,429,638 non-par-value bearer shares. The new shares will be offered to shareholders by way of indirect subscription rights in the ratio 2:1 at a subscription price of between EUR 2.00 and EUR 2.50 per share. Further details of the subscription offer will be determined by the Management Board in consultation with the Supervisory Board and published in the course of the subscription offer.
The Management Board and Supervisory Board were granted discharge by the General Meeting of Shareholders. The company KPMG Deutsche Treuhand-Gesellschaft Aktiengesellschaft Wirtschaftsprüfungsgesellschaft was appointed as the auditor for the financial year 2007. The General Meeting of Shareholders also passed a number of amendments to modernise and adapt the Articles of Association to current business conditions, rejected authorisation to buy back the company's own shares, and approved final settlement of the legal action pending at Munich District Court over shareholders' compensation pertaining to the merger of Kleindienst Dat-ntechnik AG with Beta Systems Software AG.
Proposals of the Administration to create new authorised and conditional capital were not supported by the required majority of shareholders.
Information and notes on this company announcement from the issuing company:
Attendance at the General Meeting of Shareholders (First attendance)
Share capital: EUR 11,517,058.80
Capital represented: EUR 7,394,177.70
% of share capital: 64.20%
Votes represented: 5,687,829 votes
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About Beta Systems Software AG, Berlin, GermanyBeta Systems Software AG (Deutsche Börse - Prime Standard: BSS, ISIN DE0005224406) is a leading supplier of infrastructure software for enterprise critical applications for the automation and protection of business processes. Beta Systems provides software in the following areas: Identity Management (IdM), Enterprise Content Management (ECM) and Data Centre Infrastructure (DCI). All solutions are able to process high-volumes of information and throughput. They secure business critical data and help achieve compliance by addressing regulatory requirements. The ECM product range includes scanners and sorters from Kleindienst - a brand owned by Beta Systems Software AG.
Beta Systems, headquartered in Berlin, has been listed on the Deutsche Börse (German stock exchange) since 1997 and currently employs about 625 people. The company has 17 subsidiaries worldwide, as well as numerous business partners. Beta Systems' worldwide customer base comprises more than 1,000 IT service providers and large organizations from the fields of finance and insurance, manufacturing, commerce, telecommunications, logistics and energy supply, along with public sector organizations. For further information please visit: www.betasystems.com
Press Contacts
Corporate:
Beta Systems Software AG
Arne Bassler
Tel.: +49 (0)30 726 118-170
Fax: +49 (0)30 726 118-881
E-Mail:
arne.bassler@betasystems.com
Agency:
HBI PR&MarCom GmbH
Alexandra Osmani, Alexandra Janetzko
Tel.: +49 (0)89 99 38 87-0
Fax: +49 (0)89 930 24 45
E-Mail:
alexandra_osmani@hbi.de;
Alexandra_Janetzko@hbi.de
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