big_mac : noch kurz der original-text von alstom
13 July 2004
ALSTOM today announced the launch of the two capital increases decided by the Extraordinary General Meeting held on 9 July 2004 :
-one with preferential subscription rights of a maximum amount of approximately ?1,565 million, to be subscribed to either in cash or by conversion of debt. Shareholders can subscribe to 14 new shares with 5 shares held . They will also be able to subscribe to a higher number of shares on a reducible basis. The subscription price for the new shares has been set at ?0.40 if paid for in cash. It has been set at ?0.50 if paid for by conversion of debt due and payable. The subscription period will last 9 working days, starting Tuesday 20 July 2004 to Friday 30 July 2004 inclusive. At the end of this period, non-exercised preferential subscription rights will be cancelled and delisted. Shareholders may choose to sell their rights on the market if they do not wish to participate in this operation.
-the other reserved for certain ALSTOM creditors for a total maximum amount of ?635 million to be subscribed to only by conversion of ALSTOM?s debt. The subscription price of the new shares has been set at ?0.50 per share. The subscription period will also close on Friday 30 July 2004.