EQS-News

AUSTRIACARD HOLDINGS AG:

EQS-News: AUSTRIACARD HOLDINGS AG / Key word(s): Capital Increase AUSTRIACARD HOLDINGS AG: 17.08.2023 / 12:56 CET/CEST The issuer is solely responsible for the content of this announcement.

 

Vienna, this 17 August 2023

AUSTRIACARD HOLDINGS AG: IMPLEMENTATION OF THE CAPITAL INCREASE FROM COMPANY FUNDS (BY CONVERSION OF FIXED CAPITAL RESERVES)

The annual general meeting of AUSTRIACARD HOLDINGS AG (the “Company”) held on 30 June 2023 has resolved under agenda item 8 on (a) the conversion of the shares in the Company from par-value shares to no-par-value shares, (b) the increase of the share capital of the Company from currently EUR 18,176,934 by EUR 18,176,934 to EUR 36,353,868 from company funds by converting a partial amount of EUR 18,176,934 from the appropriated additional paid-in capital into share capital (nominal capital increase) and issuing additional (bonus) shares in the ratio of 1:1, and (c) the corresponding amendment of the articles of association of the Company in sections 4.1, 4.2, 4.9 and 8.5.1.

The amendment of the articles of association was registered with the Austrian companies register on 17 August 2023. Upon registration, the amendment of the articles of association (including the conversion of the shares from par-value shares to no-par-value shares, the increase of the share capital and the increase of the number of shares in the Company to a total of 36,353,868 shares) became legally effective. Therefore, as of this 17 August 2023 the share capital of the Company amounts to EUR 36,353,868 and it is divided into 36,353,868 (no-par-value ordinary shares), each representing an equal amount of the share capital and each granting one vote.

The admission of the new (bonus) shares to Athens Exchange (ATHEX) and its allocation to the existing shareholders free of charge in the ratio of 1:1 has been approved by the Corporate Actions Committee of ATHEX with its decision dated 1 August 2023, subject to registration of the respective amendment of articles of association with the Austrian companies’ register.