DGAP-Adhoc: ecotel communication ag: ecotel communication

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

May 28, 2014 at 12:00 PM

DGAP-Adhoc: ecotel communication ag: ecotel communication ag resolves call-in of treasury shares under reduction of share capital

ecotel communication ag / Key word(s): Corporate Action 28.05.2014 17:43 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DÃ¼sseldorf, 28 May 2014 On the basis of the enabling resolution of the shareholders' meeting of 30 July 2010 the Management Board and Supervisory Board of ecotel communication ag resolved today to call in the 390,000 treasury shares acquired in accordance with Â§Â 71, para. 1, no. 8 of the German Stock Corporation Law (AktG) under reduction of the company's share capital. As a result of this resolution all 390,000 fully paid-up shares held by ecotel communication ag will be reduced with a calculated share in the company's capital stock of EURÂ 1.00 per share. The call-in of the treasury shares will reduce the company's capital stock by EURÂ 390,000.00 from EURÂ 3,900,000.00 to EURÂ 3,510,000.00. The calculated share of the capital stock per share remains unchanged at EURÂ 1.00. ecotel communication ag assumes that the share capital reduction will take effect in June 2014. About ecotel communication ag: Listed in the Prime Standard segment of the Frankfurt Stock Exchange, ecotel communication ag is a telecommunications company with activities in three business sectors throughout Germany. In the core segment of Â»Business SolutionsÂ« ecotel provides about 18,000 business customers with an integrated product portfolio consisting of voice, data and mobile communications solutions. This includes nationwide available and convergent bundled products, broadband data access on the basis of xDSL and Ethernet technologies, scalable networking of corporate locations (VPNs) as well as housing and hosting services. In the second segment, Â»Wholesale SolutionsÂ«, the ecotel group markets preliminary service products to other telecommunications companies. At the same time, the company achieves high traffic volumes in this segment, enhancing added value for the core segment of Â»Business SolutionsÂ«. In addition to the international wholesale voice activities of ecotel, mvneco GmbH is also included in this segment. The Â»New BusinessÂ« segment covers new, fast-growing business segments and niches by means of independently operating subsidiaries. In addition to easybell GmbH, which is aligned to private customer business, nacamar GmbH, which now focuses exclusively on new media activities, is part of this independent business unit. The corporate group, with its main office in DÃ¼sseldorf, currently has about 210 employees, including subsidiaries and holdings. Note: This publication is not an offer for the sale nor an invitation for the purchase or subscription of securities. This publication is not a securities brochure. This publication and the information contained therein are not intended for direct or indirect dissemination to or within the United States of America, Canada, Australia or Japan. PR office: Business and Financial Media Annette Drescher (Assistant to the Managing Director) Phone: 0211-55 007-740 Fax: 0211-55 007 5 740 E-mail: presse@ecotel.de Business media Bernadette Loosen-Flanz (PR) Phone: 0211-55 007-316 Fax: 0211-55 007 5 316 E-mail: presse@ecotel.de For more information, please visit us on the web at www.ecotel.de 28.05.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: ecotel communication ag Prinzenallee 11 40549 DÃ¼sseldorf Germany Phone: +49 (0)211 55 00 70 Fax: +49 (0)211 55 00 7 222 E-mail: info@ecotel.de Internet: http://www.ecotel.de ISIN: DE0005854343 WKN: 585434 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, MÃ¼nchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Election Fallout: Middle-Class Split Persists Despite Votes

The Unseen Election Loser: Middle-Class Unity Seems like every four years, Americans shuffle the seats of power, but Paul Eckert believes the real problem isn't chairs changing; it's the folks sitting in them. With his book, "Healing Middle-Class Democracy," Eckert tackles a split as old as time—or at least since the '80s: the fracture within the middle class....

VT Markets Unites Trading and Drama in New Finale

Trading Meets Reality Show Drama Just when you thought you'd seen it all in the trading world, VT Markets rolls out a new spectacle. They're launching the Gold Cup 2026, an unscripted reality show stuffed with enough drama and tension to keep any trader on the edge of their seat. This isn't your run-of-the-mill trading competition; this is an injection of pure adrenaline...

Expedera Teams Up with Cadence for Edge AI Supercharge

A New Power Couple in AI Expedera and Cadence have decided to stir up the edge AI waters with their latest collaboration. By linking Expedera's Origin™ Evolution NPU with Cadence's Tensilica NeuroEdge 130 AI Co-Processor, we're looking at a partnership that's hell-bent on redefining efficiency and performance in edge AI systems. Breaking Down the Collaboration This...

AutoMobility LA: Autonomous Tech's Big Leap

Rolling Toward an Autonomous Future Alright, gearheads and tech buffs alike, gather 'round for a ride into the future of road travel. AutoMobility LA, a brainchild of the Los Angeles Auto Show, is revving up to give us a sneak peek into the era where cars don't just roll—they think. "The future's not about who's behind the wheel, but who's crafting the brain of the...

LINC Investors' Deadline Looms for Class Action Filing

The Legal Stakes: LINC's Critical Moment There's a storm at the gates for Lincoln Educational Services (NASDAQ: LINC), and it’s not just another day on Wall Street. We're looking at a securities class action that brings investors into the legal spotlight faster than you can say "diversify." November 10, 2026, marks the deadline for investors to jump into the fray and...

TI's Agentic AI Boosts CCStudio for Faster Development

Agentic Abilities: The Future of Embedded Development? If you think embedded development couldn't get snappier, Texas Instruments (TI) might just make you rethink that. They're ramping up their CCStudio ecosystem with some solid AI muscle, transforming the way engineers tackle embedded software tasks. This isn't your typical AI chatter—it's about chopping down...

Veterinary Stories Transform Pet Care in New Docuseries

Peeling Back the Scrubs: Hidden Heroes in Vet Medicine Everyone's all-hands-on-deck when it's your furball on the line, but how much do you really know about what happens in those vet offices? Finally, National Veterinary Associates (NVA) is unzipping that mystery with a no-bones-about-it docuseries, Advancing Veterinary Medicine: Our Stories, right out of Austin, Texas....

Energenesis Tackles Space Anemia with ATP Boost

Gearing Up for Space Medicine: Enter Energenesis With the cosmic frontier drawing investor eyes and day-to-day operations inching skyward, here comes Energenesis Biomedical (TWSE: 6657), poking its head into space medicine. This isn’t just another biotech firm looking to throw drugs at terrestrial problems. No, Energenesis shot its shot at TASTI 2026 with its...

FSBO.com Boosts Real Estate Game with New Apps

FSBO.com Bets Big on Mobile With New App Launch FSBO.com has unleashed something that might just shake up how we think about buying and selling homes. They're not just rolling out apps—they're weaving another layer onto the fabric of real estate itself. While other players tossed their hats into the app game long ago, FSBO.com is kicking it up a notch with their new iOS...

Fibocom & GridCrest Unveil Smart Meter Tech at Enlit

A Bright Future for Smart Meter Technology Revealed Some days look drearier than others in the tech game, but not this one. Fibocom and GridCrest just showcased their latest collaboration at Enlit Europe 2026 in Vienna, and it paints a pretty sparkling future for smart electricity meters. We're talking about the ME260 single-phase smart meter that promises to be a...