DGAP-Adhoc: Hoeft & Wessel AG: capital measures ap

Höft & Wessel AG / Key word(s): AGM/EGM/Corporate Action 18.07.2013 18:07 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hannover/Germany, 18/07/2013. The Extraordinary General Meeting of Hoeft & Wessel AG today approved the capital measures, thus providing the basis for the entry of an investor. First of all, the Company's capital was reduced on a 5-to-1 basis and then increased on a 1-to-5 basis in connection with the grant of subscription rights to the existing shareholders. Moreover, a resolution was passed to fix the number of the member of the supervisory board to three members. As a result, the shareholders approved all the resolutions which had been proposed by the company in the invitation to the Extraordinary General Meeting dated 11 June 2013 in the Bundesanzeiger. With this capital increase, the Company will be able to gain fresh capital of up to EUR 8.5 million from a long-term investor and thus complete its refinancing efforts and the restructuring of its balance sheet. Contact: Hoeft & Wessel AG Dr. Arnd Fritzemeier +49 511 6102-300 IR@hoeft-wessel.com 18.07.2013 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: Höft & Wessel AG Rotenburger Str. 20 30659 Hannover Germany Phone: +49 (0)511-6102-0 Fax: +49 (0)511-6102-411 E-mail: info@hoeft-wessel.com Internet: www.hoeft-wessel.com ISIN: DE0006011000 WKN: 601100 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------