euro adhoc: BAUER Aktiengesellschaft
Financing, Stock Offerings (IPO)
Bauer
sets offer price and placement volume for Initial Public Offering
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
03.07.2006
Schrobenhausen, July 3, 2006 - BAUER Aktiengesellschaft together with Deutsche Bank AG and the selling shareholders including Deutsche Beteiligungs AG has set the offer price at EUR 16.75 per share. This price is towards the lower end of the price range of EUR 16.50 to EUR 21.50 per share. All shares, comprising approximately 2.35 million shares from a capital increase and approximately 0.45 million shares from subsidiaries of BAUER Aktiengesellschaft as well as approximately 5.28 million shares from Deutsche Beteiligungs AG (excluding over-allotment) have been allocated. Additionally, Deutsche Beteiligungs AG has granted Deutsche Bank AG a Greenshoe option of up to 808,160 shares. The total placement volume, excluding the over-allotment, amounts to approximately EUR 135 million. The company will receive gross proceeds of EUR 47 million.
Additional information:
ISIN: DE0005168108 Listing: Official Market (Amtlicher Markt) / Prime Standard; Frankfurt Stock Exchange
Further information: www.bauer.de
Further information of the issuer regarding this Ad-hoc-announcement:
This publication constitutes neither an offer to sell nor an invitation to buy securities. No offer or sale of transferable securities is being made to the public outside Germany. The public offer in Germany is being made solely by means, and on the basis of, the German language Wertpapierprospekt as approved by the German Federal Financial Supervisory Authority (BaFin) on June 16, 2006 (the "German Prospectus") and any supplement thereto. The German Prospectus was published on June 16, 2006 on the website of BAUER Aktiengesellschaft (http://www.bauer.de). Since June 19, 2006 printed copies of the German Prospectus are available in connection with the offering in Germany free of charge during usual business hours at BAUER Aktiengesellschaft as well as at the consortium banks. At the same sources the Supplement No. 1 is available since June 26, 2006.
The information contained in this document is neither meant to be published nor distributed in the United States of America, Canada, Australia or Japan. This document does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in these countries or to or for the account or benefit of "U.S. persons" as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended.
end of announcement euro adhoc 03.07.2006 23:55:06
Further inquiry note:
Bettina Mestenhauser
Head of Corporate Communication & Investor Relations
BAUER Aktiengesellschaft
Wittelsbacherstraße 5
86529 Schrobenhausen
E-Mail: Bettina.Mestenhauser@bauer.de
Phone: +49 8252 97 1918
Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing