23.07.2012 | Austria

Increase of Capital Stock at S&T AG

S&T AG decides on increase of capital stock for the par value of EUR 8 million

In the course of the acquisition of S&T System Integration & Technology Distribution AG, Quanmax AG and Grosso Holding GmbH committed themselves to invest another EUR 8 Mio in S&T System Integration & Technology Distribution AG, at the latest in November 2012. S&T System Integration & Technology Distribution AG will use the cash-in to reduce its bank liabilities.