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Abonner Derby Cycle AG

Derby Cycle AG

EANS-Adhoc: Issue price of EUR 12.50 for Derby Cycle AG shares

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
03.02.2011
(NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, JAPAN, CANADA 
AND AUSTRALIA)
Cloppenburg, February 3, 2011 - The issue price for the shares 
offered in the IPO of Derby Cycle AG (WKN A1H6HN, ISIN DE000A1H6HN1) 
is EUR 12.50. This price was fixed by the company and the selling 
shareholders together with joint lead managers equinet Bank and 
BHF-BANK.
The placement volume amounts to EUR 76.1 million, and comprises 
6,090,000 shares, including an over-allotment, of the total of 
6,840,000 shares offered. Of these shares, 4,590,000 shares derive 
from the selling shareholders' holdings (including an over-allotment 
of 792,175 shares). Despite the oversubscription, the selling 
shareholder, Finatem, has decided to retain an interest of 750,000 
shares, equivalent to 10% of the company´s share capital, in order to
participate in the future growth of Derby Cycle. An amount of EUR 
18.8 million accrues to Derby Cycle AG as gross issue proceeds 
arising from the capital increase, which entails a volume of 
1,500,000 shares. The company's share capital was increased by EUR 
1,500,000 to EUR 7,500,000.
Approximately 96.6% of the shares placed were allocated to 
institutional investors and 3.4% to private investors. Private 
investors will be allocated 25% of their subscription, with a minimum
of 100 shares. The preferential allocation comprised placing around 
78,150 of the shares offered with management and supervisory board 
members, and with parties related to the company or the selling 
shareholders.
After the offering has been fully completed and the over-allotment 
option has been fully exercised, the free float will amount to 81.2%,
or to 70.6% excluding the exercise of the over-allotment option. The 
initial quotation of Derby Cycle AG shares on the Frankfurt Stock 
Exchange, Prime Standard, is intended on February 4, 2011.
Disclaimer This publication constitutes neither an offer to sell nor 
an invitation to buy securities.The shares in Derby Cycle AG (the 
"Shares") may not be offered or sold in the United States or to or 
for the account or benefit of "U.S. persons" (as such term is defined
in Regulation S under the Securities Act of 1933, as amended (the 
"Securities Act")) absent registration or an exemption from 
registration under the Securities Act. The Shares have not been and 
will not be registered under the Securities Act. No offer or sale of 
securities is being made to the public outside Germany. The offer in 
Germany will be made exclusively by means of and on the basis of a 
prospectus published on the website of Derby Cycle AG 
www.derby-cycle.com. This document is only being distributed to and 
is only directed at (i) persons who are outside the United Kingdom or
(ii) to investment professionals falling within Article 19(5) of the 
Financial Services and Markets Act 2000 (Financial Promotion) Order 
2005 (as amended) (the "Order") or (iii) high net worth companies, 
and other persons to whom it may lawfully be communicated, falling 
within Article 49(2)(a) to (d) of the Order (all such persons in (i),
(ii) and (iii) above together being referred to as "relevant 
persons"). The securities are only available to, and any invitation, 
offer or agreement to subscribe for, purchase or otherwise acquire 
such securities will be engaged in only with, relevant persons. Any 
person who is not a relevant person should not act or rely on this 
document or any of its contents.
end of announcement                               euro adhoc

Further inquiry note:

cometis AG
Unter den Eichen 7
65195 Wiesbaden

Henryk Deter Susanne Gremmler
Telefon: +49 (0)611-20 58 55-13 Telefon: +49 (0)611-20 58 55-23
E-Mail: deter@cometis.de E-Mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE000A1H6HN1
WKN: A1H6HN
Börsen: Frankfurt / regulated dealing/prime standard