Your Family Entertainment AG / Capital Increase
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------
The board of management of Your Family Entertainment Aktiengesellschaft
votes to increase the share capital using the company’s authorised capital
The board of management of Your Family Entertainment Aktiengesellschaft in
Mu-nich, using the authority granted to it under § 4 section (3) of the
company’s statutes and subject to the approval of the supervisory board,
today voted to increase the capital stock, using the authorised share
capital, from € 6,525,488.00 by up to € 2,174,512.00 to up to €
8,700,00.00 in return for contributions in cash through the issue of up to
2,174,512 new individual bearer share certificates (common stock) with an
arithmetic share in the common stock of € 1,00 per share. The new shares
are fully entitled to participate in profits from January 1st 2007. The
subscription price and other details of the capital increase will be
established and announced separately shortly before the execution of the
capital increase.
Your Family Entertainment Aktiengesellschaft intends to use the net
proceeds of the issue for the continued development of the operational
business. It is intended that the funds will be invested chiefly in new
programs, synchronisations and the company’s own pay-TV station
'yourfamily'.
Munich, November 22th, 2007
Your Family Entertainment Aktiengesellschaft
Investor Relations
Michael Huber
Nordendstraße 64
D-80801 München
Tel.: +49 (0)89 / 99 72 71-11
Fax: +49 (0)89 / 99 72 71-91
Mail: ir@yfe-ag.de
www.yf-e.com
22.11.2007 Financial News transmitted by DGAP
----------------------------------------------------------------------
Language: English
Issuer: Your Family Entertainment AG
Nordendstr. 64
80801 München
Deutschland
Phone: +49 (0)89 997 271-11
Fax: +49 (0)89 997 271-91
E-mail: ir@yfe-ag.de
Internet: www.yfe-ag.de
ISIN: DE0005408918
WKN: 540891
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart, Hamburg, Düsseldorf
End of News DGAP News-Service
---------------------------------------------------------------------------