Ad-hoc | 3 May 2007 12:56


ESTAVIS AG:Going public finalised

ESTAVIS AG / IPO

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Berlin, 3 May 2007 
Going public finalised 
Approximately 21 % of the Greenshoe Option exercised 

On 2 May 2007, Cazenove, as Sole Global Coordinator and Joint Bookrunner,
informed ESTAVIS AG that the Greenshoe Option granted to JPMorgan Cazenove
in connection with the Initial Public Offering has been partially
exercised. A total of 88,950 shares have been purchased from the existing
shareholders, which represents approximately 21 % of the total volume of
the Greenshoe Option. Following the partial exercise of the Greenshoe
Option, the aggregate issue volume in relation to the Initial Public
Offering increases to 2,947,614 shares with an aggregate issue value of
approximately EUR 82.5 million. The aggregate number of shares placed in
the initial public offering amounts to approximately 38 % of ESTAVIS AG’s
share capital.
During the stabilisation period, which started on 2 April 2007,
stabilisation measures were implemented by JPMorgan Cazenove in its
function as Stabilisation Manager on the following dates:
 2 April 2007 (at prices between EUR 27.95 and 28.00)
 3 April 2007 (EUR 27.90 – 28.00)
 4 April 2007 (EUR 27.40 – 27.90)
 5 April 2007 (EUR 27.15 – 27.55)
 10 April 2007 (EUR 27.00 – 27.30)
 11 April 2007 (EUR 27.00 – 27.25)
 12 April 2007 (EUR 26.90 – 27.10)
 13 April 2007 (EUR 26.00 – 27.00)
 16 April 2007 (EUR 26.50 – 27.30)
 17 April 2007 (EUR 27.20 – 27.90)
 23 April 2007 (EUR 27.48)
 2 May 2007 (EUR 28.00)
The stabilisation period was terminated yesterday and further stabilisation
measures will not be implemented.





DGAP 03.05.2007 
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Language:     English
Issuer:       ESTAVIS AG
              Uhlandstr. 165
              10719 Berlin Deutschland
Phone:        +49 (0)30 - 887 181 - 0
Fax:          +49 (0)30 - 887 181 - 11
E-mail:       info@estavis.de
www:          http://www.estavis.de
ISIN:         DE000A0KFKB3
WKN:          A0KFKB
Indices:      
Listed:       Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin-Bremen, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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