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Munich, Germany, December 5, 2013 - CANCOM SE has successfully completed
its subscription rights capital increase. The company has placed all
2,435,965 of the new shares offered using authorized capital, and raised
the targeted net proceeds of approximately EUR 54.6 million.
Subscription rights were exercised for 99.1 percent of the new shares
offered in the subscription offer between November 20 and December 4, 2013.
The unsubscribed shares were successfully placed with institutional
investors in Germany and other countries.
CANCOM SE intends to use most of the net proceeds of the capital increase
to finance the voluntary takeover offer to the stockholders of PIRONET NDH
Aktiengesellschaft, Cologne, Germany, as well as to support the further
growth of the CANCOM group.
The capital increase will bring the total number of shares issued by CANCOM
SE from 12,179,826 to 14,615,791. The capital increase is expected to be
recorded in the company's commercial register at Munich Local Court
(Amtsgericht München) within the next few days. The sole lead manager for
the transaction was Hauck & Aufhäuser Privatbankiers KGaA, Frankfurt am