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22.05.2018

ISRA to Perform Planned Stock Split on May 25, 2018

ISRA VISION AG: Strategic large scale order in final stage of negotiation

[PDF] Press Release: ISRA to Perform Planned Stock Split on May 25, 2018

Darmstadt, 22.05.2018 (PresseBox) - ISRA VISION AG (ISIN: DE 0005488100), one of the world’s top companies for industrial image pro-cessing (Machine Vision) as well as globally leading in surface inspection of web materials and 3D machine vision applications, will implement the stock split, approved at this year’s Annual General Meeting, on May 25, 2018 (account conversion date). After the split, shareholders will hold five shares for every share held before the measure.

The necessary steps for an ordinary capital increase from company funds, which allows for a conver-sion within the company’s equity, were resolved by the Annual General Meeting on March 28, 2018. The total amount of equity will remain unchanged and no new financial resources will be taken up.

Following the entry of the stock split in the commercial register on May 11, 2018, the company’s share capital is divided into 21,906,200 ordinary shares. On May 23, 2018, the ISRA stock will be traded “ex-stock dividends”. The stock price will accordingly be divided by five. Orders relating to the ISRA share that have not been executed will expire at the end of May 22, 2018. The account conversion will be performed free of charge on May 25, 2018. The listing and the securities identification number will remain the same. All shares are fully entitled to dividends for the 2017/2018 financial year.

Thanks to its high order volume, ISRA has gotten off to a dynamic start in the new 2017/2018 financial year. As previously reported, the company secured strategically important large scale orders in the first few months of the current financial year: For the Solar business unit – one of the areas in which ISRA has stepped up its sales activities – the company is anticipating revenue growth of significantly above 10 percent for the financial year as a whole. Another large-scale customer project regarding solar inspection systems is already at an advanced stage of negotiation. In addition to targeted sales measures, ISRA is still preparing its strategic and operational activities towards continuous structural expansion in all areas of the company in anticipation of the next big step in revenue growth beyond EUR 200 million.

Further information is available at www.isravision.com.

Ansprechpartner

Susanne Becht
+49 (6151) 948-212
+49 (6151) 948-312
Zuständigkeitsbereich: Manager Corporate Development

Isabel Heinen
+49 (6151) 948-209
Zuständigkeitsbereich: Investor Relations

Über ISRA VISION GmbH:

Together with its subsidiaries, ISRA VISION AG is a global leader in surface inspection of web materials. It is also one of the world's leading providers of image processing programs (machine vision), specializing in the area of 3D machine vision, particularly for "3D robot vision".

The company's core competence is ISRA-BrainWARE®, an innovative software program for intelligent machine vision systems. This combines scientific expertise from optics, lighting technology, measurement technology, physics, image processing and classification algorithms, and a complex system design. Machine vision is a key technology for "seeing systems" that imitate the human eye. ISRA's current applications primarily focus on automation of production and quality assurance for goods and products that are delivered to major promising markets such as energy, healthcare, food, mobility, and information. Its customers mainly include well-known global players in the respective industry. With over 25 locations worldwide, ISRA is always close to its customers and ensures optimal service and support.

Over the past seventeen years, ISRA has grown profitably with an average annual increase in revenues of approx. 25 %. The company currently employs around 800 people worldwide.

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[PDF] Press Release: ISRA to Perform Planned Stock Split on May 25, 2018

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