euro adhoc: Calida Holding AG
Restructuring & Recapitalisations
Calida:
Second phase of capital increase renounced
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
25.08.2005
In May 2005, Calida Holding AG, listed on the SWX Swiss Exchange, placed a first tranche of 60,000 shares with institutional investors as part of an approved capital increase. The intention was to make a second tranche of 40,000 shares available in the autumn of 2005.
However, the positive development of business - particularly in terms of cash-flow - and the good prospects for the 2005 financial year combined with effective cost-management enable the company to renounce the issuance of additional new shares. Even without an additional capital increase, Calida's equity ratio is higher than 50%.
Sursee, 25 August 2005 CALIDA Holding AG
end of announcement euro adhoc 25.08.2005 07:00:00
Further inquiry note:
Felix Sulzberger, CEO
Telephone: 0041 (0)41 925 42 48
Branche: Textiles & Clothing
ISIN: CH0009018133
WKN: 9018133
Index: SPI, SPIEX
Börsen: SWX Swiss Exchange / official market