The Managing Board of Geratherm Medical AG (ISIN: DE0005495626) received Supervisory Board approval today to carry out a capital increase of up to 10 % of the existing capital stock from approved capital. This move excludes shareholders' subscription rights in line with sec. 5 (5) of the Articles of Association. As part of a private placement, up to 450,000 new shares with dividend rights from the fiscal year 2009 onwards will be issued in return for cash contributions. This would then increase the Company's capital stock by a possible EUR 450,000.00 from EUR 4,500,000.00 up to a potential EUR 4,950,000.00.
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