I.P.S. Innovative Packaging Solutions AG
Capital increase of I.P.S. Innovative Packaging Solutions AG completed
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During today's meeting the board of directors of I.P.S. Innovative Packaging Solutions AG (former: COS Computer Systems AG Baden) has completed the capital increase which has been decided by general assembly of the shareholders of 29 June 2010. The share capital of the company has been increased from CHF 9,4 Mio. to CHF 44,9 Mio. against investment in kind. The 7'100'181 bearer shares at a nominal value of CHF 5.00 each respectively at an issue price of CHF 6,36 (rounded) have been fully paid up by Johannes Kelders by investment in kind of I.P.S. Holding B.V., which has been valued at CHF 57 Mio. The difference between the value of the investment in kind and the issuing value of the new shares, CHF 11,9 Mio., has been recognized as shareholder loan in the books of the company.
For further information please see the press release.
Contact:
Quint Kelders, CEO / Roger Nötzli, CFO
Tel.: +41 41 766 35 00
I.P.S. Innovative Packaging Solutions AG
Zugerstrasse 76b
6340 Baar/ZG