EANS-Adhoc: C.A.T. oil AG
CAT. Holding (Cyprus) Ltd. announces intention to
sell part of its shareholding in C.A.T. oil AG
10.12.2013 – 18:52
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- other 10.12.2013 Not for publication or distribution in the United States of America, Canada, Australia or Japan Vienna, 10 December 2013 - Today CAT. Holding (Cyprus) Ltd. ("CAT. Holding"), a holding company held indirectly by Anna Brinkmann and Walter Höft, announces its intention to sell up to 6.0 million C.A.T. oil AG ("C.A.T. oil") ordinary shares, equivalent to up to 12% of the share capital of C.A.T. oil (the "Placement"). Prior to the Placement, CAT. Holding holds 60% of the share capital of C.A.T. oil. The Placement is expected to increase C.A.T. oil's free float to up to 41% and increase liquidity in the shares. CAT. Holding has declared its strong commitment to supporting C.A.T. oil's growth plans and remains committed to enlarging and extending its existing EUR 100 million credit line as previously stated in the announcement of the 2014-16 investment program. The Placement will be effected through a private placement to institutional investors on CAT. Holding's behalf by the transaction bookrunners. The offer price will be agreed by CAT. Holding and the transaction bookrunners following a bookbuilding process, which starts immediately. Disclaimer: The information contained in this message is not for publication or distribution in the United States of America, Canada, Australia or Japan and does not constitute an offer of securities for sale in any of these jurisdictions. The securities offered will not be and have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. End of Adhoc Release Further inquiry note: Thomas Krammer Tel: +49(0)69-92037-183 Email: thomas.krammer@fticonsulting.com Steffi Fahjen Tel: +49(0)69-92037-115 Email: steffi.fahjen@fticonsulting.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: C.A.T. oil AG Kärntner Ring 11-13 A-1010 Wien phone: +43(0) 1 535 23 20 - 0 FAX: +43(0) 1 535 23 20 - 20 mail: ir@catoilag.com WWW: http://www.catoilag.com sector: Oil & Gas - Upstream activities ISIN: AT0000A00Y78 indexes: SDAX, Classic All Share, Prime All Share stockmarkets: regulated dealing/prime standard: Frankfurt language: English