Krones stock split to take effect on 22 August

On 22 August 2007 the stock split approved by Krones AG’s AGM will take effect, at a ratio of 1 to 3. Following the capital increase from company funds, from this date onwards three shares will take the place of one previous share. As from 22 August 2007, the Krones stock will be listed “ex split”. This means that mathematically the price will be reduced, but this will not affect the total value for the shareholders.

The custodian banks will rebook the portfolios in accordance with their status on 21 August 2007 (evening). Each shareholder will receive two additional new shares for one old one. The change-over procedure for the securities accounts will be handled automatically, and is free of charge for the shareholders.
With the stock split, Krones is aiming to encourage trading in its shares,and render the stock even more attractive to small investors.

17.08.2007