Corporate News/Press Release
Advanced Inflight Alliance AG successfully completes capital increases and acquisition of minority stake in Row 44 Inc.
- Capital increase in kind executed in the course of the
acquisition of the minority stake in Row 44 Inc. entered into
commercial register
- Acquisition of minority stake in Row 44 Inc. completed
- Cash capital increase also entered into commercial
register
Munich, July 02, 2012 - Advanced Inflight Alliance AG (ISIN
DE0001262186, WKN 126218, located at Schellingstr. 35, 80799
Munich) has successfully executed the acquisition of the
minority stake in Row 44 Inc. that was announced in an
adhoc-release on May 29, 2012. The registry court in charge
did enter the resolved capital increase in kind to finance
the transaction into the commercial register on July 02,
2012. Therefor the transaction is formally finalized.
Furthermore, the registry court in charge also entered the
cash capital increase also resolved on May 29, 2012 into the
commercial register on June 26, 2012. The new shares
generated in the course of the cash capital increase were
admitted for trading in the regulated market (General
Standard) at the Frankfurt Stock exchange on June 27,
2012.
After the execution of both capital increases the share
capital of Advanced
Inflight Alliance AG was increased from EUR 16,688,091.00 by
EUR
7,109,402.00 to now EUR 23,797,493.00. Advanced Inflight
Alliance AG
The Board of Directors
Advanced Inflight Alliance AG
Schellingstr. 35 | 80799 München | Pho: +49 89 613805-0
| Fax: +4989 613805-55 | info@aialliance.com |
www.advanced-inflight-alliance.com
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