Successful placement of the capital increase
Menziken, November 10, 2009 – Montana Tech Components AG has successfully carried out the capital increase of October 2009 which could only be subscribed by the existing shareholders. The shareholders signed the maximum volume of EUR 18 million.
Montana Tech Components AG (MTC) carried out two capital increases in 2009 whereby in total about EUR 28 million could be raised. The first capital increase in May 2009 reached a volume of about EUR 10 million, the second capital increase in October 2009 now brought about EUR 18 million into the company.
„The full placement of the second capital round confirms the confidence of our investors in MTC“, explains Klaus Sernetz, CEO of MTC. He adds that the cash inflow considerably strengthened MTCs capital basis and that it is planned to realize investment chances into interesting growth markets and to further expand the market position.