euro adhoc: HeidelbergCement AG
Capital measures
HeidelbergCement´s decision
to implement capital increase
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
22.05.2007
The Managing Board of HeidelbergCement AG has resolved, with the consent of the Supervisory Board, to make use of the authorised capital and to implement a cash capital increase with a view to strengthen the company´s equity base. VEM Vermögensverwaltung GmbH, Dresden/Germany, a Merckle group company, will subscribe approximately 4.4 million new shares at a close to stock market subscription price of 114 Euro per share. The new shares are entitled to receive dividends for the entire business year 2007. The subscription rights for existing shareholders have been excluded. By this capital increase, the company expects cash proceeds of approximately 500 million Euro shortly. The proceeds will be used to partly refinance the current cash offer for the entire share capital of Hanson plc, UK.
Heidelberg, 22 May 2007
HeidelbergCement AG The Managing Board
end of announcement euro adhoc 22.05.2007 16:58:51
Further inquiry note:
Dr. Ingo Schaffernak
+49(0)6221/481-366
ingo.schaffernak@heidelbergcement.com
Branche: Construction & Property
ISIN: DE0006047004
WKN: 604700
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Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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Hamburger Wertpapierbörse / free trade
Niedersächsische Börse zu Hannover / free trade
Baden-Württembergische Wertpapierbörse / official dealing
Börse Düsseldorf / official dealing
Bayerische Börse / official dealing