Press

15.11.2013
CANCOM SE decides on details of capital increase

Munich, Germany, November 15, 2013 - The Executive Board of CANCOM SE,
Munich, Germany (ISIN: DE0005419105/German securities code (WKN): 541910),
has today decided on the details of the subscription rights capital
increase previously announced in an ad hoc release on October 10, 2013. The
capital increase has been approved by the company's Supervisory Board and
is based on the authorization of the general meeting of stockholders of
CANCOM SE (formerly CANCOM IT Systeme Aktiengesellschaft), Munich, on June
22, 2010. The company is to use part of its authorized capital to increase
its capital stock against cash by a maximum of EUR 2,435,965, from EUR
12,179,826 to a maximum total of EUR 14,615,791, by issuing up to 2,435,965
new no-par-value bearer shares, with each share representing the accounting
par value of EUR 1 of the capital stock. The new shares carry dividend
rights from January 1, 2013. They are to be underwritten by Hauck &
Aufhäuser Privatbankiers KGaA, Frankfurt am Main, Germany, with the
commitment to offer them to shareholders of CANCOM SE by way of a direct
subscription right on the basis of 1 new share for 5 old shares (ratio:
1/5), i.e. five existing shares in the company entitle the holder to buy
one new share. The subscription price is EUR 23.00 per share.

The subscription period for the new shares is expected to commence on
November 20, 2013 and end on December 4, 2013 (inclusive). The subscription
rights (ISIN: DE000A1X3TC6/ German securities code (WKN): A1X3TC) for the
new shares will be traded from November 20, 2013 to December 2, 2013
(inclusive) on the Regulated Market of the FWB Frankfurt Stock Exchange.

New shares not purchased on the basis of the subscription offer by the end
of the subscription period will be offered in a private placement to
qualified investors in the Federal Republic of Germany and other selected
jurisdictions, excluding the United States of America pursuant to
Regulation S of the U.S. Securities Act 1933, as amended, also excluding
Canada, Japan and Australia. The placement price will be at least equal to
the subscription price.

CANCOM SE intends to use most of the funds received from the capital
increase to finance the voluntary takeover offer to the shareholders of
PIRONET NDH Aktiengesellschaft, Cologne, Germany, announced on October 10,
2013 in compliance with Section 10 of the German Securities Acquisition and
Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG), as well as to
support the further growth of the CANCOM group.

This announcement does not constitute either an offer for sale or an
invitation to purchase or subscribe for securities. The offer will be made
exclusively through and on the basis of a prospectus to be published and
filed with the German Federal Financial Supervisory Authority
(Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin). Only the
prospectus contains the information required by investors in accordance
with the statutory provisions. The prospectus is expected to be approved by
the Federal Financial Supervisory Authority on November 18, 2013, and
published in the Investor Relations section of CANCOM SE's website at
www.cancom.com. It will also be obtainable free of charge from the issuer
during normal business hours (at the following address: Erika-Mann-Strasse
69, 80636 München, Germany; fax no. +49 (0)8225 996 4 5193). The full
subscription offer is expected to be published in the German Federal
Gazette (Bundesanzeiger) on November 19, 2013.

This announcement does not constitute either an offer to purchase
securities or a solicitation of an offer to purchase securities in the
United States of America. Securities may only be sold or offered for sale
in the United States of America after prior registration pursuant to the
U.S. Securities Act of 1933, as amended, or, without prior registration,
only on the basis of an exemption regulation. The shares of CANCOM SE are
not registered and will not be registered pursuant to the U.S. Securities
Act of 1933, as amended, and will neither be sold nor offered for sale in
the United States of America.

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Contact

Sebastian Bucher
Manager Investor Relations