SPI
14.03.2013 19:01:31
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EANS-Adhoc: Precious Woods Holding Ltd. / Successful capital increase 2013
=------------------------------------------------------------------------------- ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------------
Restructuring & Recapitalisations/Sustainable Forestmanagement 14.03.2013
Zug/Zurich, 14 March 2013 - Precious Woods is pleased to inform, that all of the 309'451 new shares from the ordinary capital increase have been successfully placed. At the Extraordinary General Meeting on 18 December 2012 a series of capital measures have been approved by the shareholders. With the successful ordinary capital increase the last step has now been implemented in due time.
The Board and Management thank all shareholders and investors for their commitment to Precious Woods.
end of ad-hoc-announcement ================================================================================ Precious Woods is an international company active in the sustainable management and use of tropical forests. The company's core activities include sustainable management of tropical forests, timber processing and the trading of FSC-certified timber products. The generation of emission rights and electricity from wood waste represent further integral elements of the company's business. Shares of Precious Woods Holding Ltd have been listed on the SIX Swiss Exchange since March 2002. Additional information about Precious Woods can be found at www.preciouswoods.com
This document includes forward-looking statements that reflect the Company's intentions, beliefs or current expectations and projections about the Company's future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industry in which it operates. Forward-looking statements involve all matters that are not historical fact. Such statements are made on the basis of assumptions and expectations which, although the Company believes them to be reasonable at this time, may prove to be erroneous.
end of announcement euro adhoc =-------------------------------------------------------------------------------
(END) Dow Jones Newswires
March 14, 2013 13:30 ET (17:30 GMT)- - 01 30 PM EDT 03-14-13
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