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25.09.2008 - Contract on non-cash contribution between CROSS and BEKO signed
Wels/Vienna: CROSS Industries AG and BEKO HOLDING AG signed today the contract on non-cash contribution and subscription to bring in the 100% share on BF Informationstechnologie-Beteiligungsgesellschaft m.b.H. into BEKO HOLDING AG.
BEKO HOLDING AG issues 5,091,276 new shares made available by a capital increase from authorized capital. Additionally CROSS Industries AG bought 1,432,000 shares from the secondary market. CROSS Industries AG becomes decisive shareholder of BEKO HOLDING AG by implementation of this transaction and registration of the capital increase in the commercial register and BEKO HOLDING AG (indirect) major shareholder of the listed BRAIN FORCE HOLDING AG . CROSS Industries AG will submit a tender offer to all shareholders of BEKO HOLDING AG.
This transaction is a fundamental step towards the enterprise strategy to form BEKO HOLDING AG into a listed IT- and Engineering Holding within the CROSS Industries group. |
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