Press release
Mox Telecom AG: Increased Share Capital successfully placed
Ratingen, 19th June 2007 - The Management Board of MOX Telecom AG has, with the assent of the Supervisory Board, decided to raise the company's capital by a 10:1 ratio to 2.64 million shares at an issue price of 7.15 euro per share excluding the shareholders' issue rights. The 240,000 shares, which will fully qualify for dividends in the financial year 2007, were absorbed by the Süddeutsche Aktienbank AG, Stuttgart und placed successfully with insititutional investors. The capital accrued will be utilised first and foremost for the development of strong growth markets abroadSecurities Paper: Mox Telecom AG – WKN: 660 580 ISIN: DE0006605801
The Mox Telecom Group is a global international telephony provider in the business of developing needs based telecommunication products for low-cost, high quality mobile and fixed line telephony. The focus is target groups with a high need for international telephony. The company, founded in 1998, specialised early on in the development and sale of pre-paid telecommunication services and has since established itself as a leading provider in the market. Besides its main business activity, the calling card, the company has diversified, particularly in the area of mobile telephony at present. Just recently the market launch of a ‘virtual calling card (MoxMe)’ was announced, with which the user purchases call credit for his mobile phone via SMS. Alongside Germany and several other European countries Mox operates successfully in USA, Canada, Australia, South Africa and the Middle East.
Contact:
Katharina Kreische
PR/IR & Marketing
E-Mail: presse@mox.de
Mox Telecom AG
Kaiserswerther Str. 85
40878 Ratingen, Deutschland
T: 02102-8636-15
F: 02102-8636-56
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