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Leica General Meeting approves capital measures

Mark Peters : 2005-06-06 22:45:00
Leica General Meeting approves capital measures : The Extraordinary General Meeting of Leica Camera AG has approved the capital measures proposed by the Board of Management and the Supervisory Board, in each case with a vast majority of more than 90%. As announced in essential outline in the electronic Federal Gazette (elektronischer Bundesanzeiger) of April 20, 2005, the measures consist of a simplified capital reduction, an increase of the share capital against contributions in cash and a creation of authorised capital. At the General Meeting, Dr. Josef Spichtig, Chairman of the Board of Management of Leica Camera AG since April 18, 2005, described these measures as being "indispensable for the existence of the Company".


Leica Digital-Modul-R ready to market

Mark Peters : 2005-05-30 23:00:00
Leica Digital-Modul-R ready to market : In order to create outstanding images, photographers not only need to sense the right moment, they also need to have the right tool that functions as accurately and creatively as they do. Leica single lens reflex (SLR) cameras are precision instruments that earned their legendary reputation with their uncompromisingly high quality standards. Each Leica camera is individually crafted by experienced hands, with great dedication and meticulous care. In order to provide devoted photographers with even greater latitude and flexibility in the future, Leica Camera AG has now taken another dramatic step forward by introduction the very first modular digital component for a 35mm camera.


Leica APO Summicron-M f2.75mm ASPH lens

Ilse Jurriën : 2005-05-25 21:14:19
Leica APO Summicron-M f2.75mm ASPH lens : Leica Camera has added a compact medium telephoto to its range of lenses for Leica rangefinder cameras. The Leica APO Summicron-M f2.75mm ASPH is the first lens of this focal length class to feature a floating element: During focusing, the last lens element change their position in relation to the rest of the optical system. The Leica Summicron-M f2.75mm is thus able to offer superlative quality in the close-focus range down to 0.7 meters. To take full advantage of the floating element, a highly precise adjustment mechanism has been used, although finding the space for it in a compact M lens was no easy feat! The natural perspective of the 75mm focal length enables true-to-life rendering.


Leica announced delay on Digital-Module-R

Mark Peters : 2005-05-17 12:00:00
Leica announced delay on Digital-Module-R : Leica announced the delay on their Digital-Module-R, and wrote the following: Under the following link (http://www.lfi-online.com/shop/sh_index.php) you will find the first test report on the Leica Digital Module R which the magazine Leica Fotografie International is publishing on the basis of a pilot model. You can read report in the issue that will be on sale in the next few days. In our view, the report confirms the high quality of the unique digital accessory for our SLR Range. In producing the high standards of quality our customers expect of us, we make no compromises. However, this forces us to further postpone the first deliveries of produced models which were scheduled for May.


Leica proposes capital reduction and restructuring

Mark Peters : 2005-05-03 19:50:00
Leica proposes capital reduction and restructuring : The Supervisory Board of Leica Camera AG, Solms, unanimously and jointly with the Company’s Board of Management, proposes measures to restore the capital base of the company and to finance a restructuring. A simplified capital reduction by ?10 million to ? 1.5 million will be proposed to the shareholders of the company. Each three no-par-value shares are to be combined into one no-par-value share. Simultaneously, the capital reserve amounting to ? 4.2 million will be released. Both measures will be implemented in order to offset depreciation and other losses totalling ?14.2 million.






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