Balda AG

EANS-News: Balda AG
TPK shareholding sets share price for IPO at the upper end of the bookbuilding range

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Joint Ventures/Cooperation/Collaboration

Bad Oeynhausen (euro adhoc) - 22 October 2010 - The Chinese touchscreen manufacturer TPK Holding Ltd., in which the Frankfurt SDax listed company Balda AG has an 18.55 percent holding, has set the price of its shares for its initial public offering. Following completion of the heavily oversubscribed bookbuilding process on Thursday, the result was a share price of 220 Taiwanese Dollars (around 5 Euros), at the upper end of the price range. The company will issue 196 million existing shares. Furthermore, 28 million new shares will be authorised for trade from an increase in capital on the occasion of the IPO. Following this increase in capital the Balda shares constitute a shareholding of 16.1 percent (around 36 million shares). The first day of trading in the new TPK Holding shares on the Taiwan Stock Exchange will take place on the coming Friday, the 29th October. Market observers in Taiwan expect a strong market debut from TPK. The company is the technological world-leading manufacturer of small-format, touch-sensitive screens. The demand for touchscreens for smartphones and tablet computers is robust and continues to grow globally.

* * * Company Profile Balda AG The Balda Group develops and produces complete plastic assemblies, electronic products and products for the medical industry. The customers of Balda are leaders in business from the mobile, entertainment and electronic communications as well as pharmaceutical and medical technology markets. The group has an international position with product sites in China, Malaysia and Germany. A subsidiary in the United States serves North American customers in product design and development. As part of a shareholding in a leading manufacturer of touch screens in China, Balda participates in the dynamic touch screen displays market.

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This ad hoc announcement includes "forward-looking statements" which are based on the current expectations of the management of Balda. They are subject to risks and uncertainty because they relate to events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda does not undertake any obligation to update publicly or revise forward-looking statements except to the extent legally required. This ad hoc announcement is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or elsewhere. The shares in Balda 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 U.S. Securities Act of 1933, as amended (the "Securities Act")) unless registered under the Securities Act or pursuant to an exemption from such registration. The Shares have not been and will not be registered under the Securities Act.

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ots Originaltext: Balda AG
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Clas Röhl
Tel.: +49 (0) 5734 922-2728

Branche: Semiconductors & active components
ISIN:      DE0005215107
WKN:        521510
Index:    CDAX, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              München / free trade

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