Capital Increase

PEGASE systems proceeded to a Capital Increase…
June 2009

PEGASE Systems has successfully managed to raise a 400k€ capital increase. The funds raised reinforce PEGASE financial structure and, as a result, enable the company to pursue its ambitious organic growth and finance investment operations.

"We are delighted at the very strong response from our shareholders despite today's difficult financial climate and would like to thank them for their support. It gives PEGASE capacity to invest it its technology and its team in order to better offer tomorrow state of the art Radar Maritime & Surveillance Technology ", said Philippe DARSES, Chairman of PEGASE systems.

Following the operation, PEGASE systems capital consists of 16 220 shares. 79% of the capital is owned by the management team.