Ad-hoc | 12 June 2003 17:23

HeidelbergCement AG english

HeidelbergCement fixed terms of capital increase Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Today, Managing Board and Supervisory Board of HeidelbergCement AG have fixed the details of the intended cash capital increase. The share capital shall be increased by an amount of approximately EUR 79.6 million. HeidelbergCement shareholders shall be offered subscription rights in a ratio of 11 to 5. For 11 existing shares each, shareholders may subscribe for 5 new shares with dividend bearing rights for the entire business year 2003. The subscription price amounts to EUR 13. The two week subscription period commences on 17 June 2003. As a consequence of the capital increase, for which far reaching upfront subscription commitments and sub-underwriting commitments of major shareholders exist, the company is supposed to receive a gross amount of approximately EUR 400 million in cash. Dresdner Kleinwort Wasserstein and Deutsche Bank will act as Joint Lead Mangagers for the capital increase. Heidelberg, 12 June 2003 The Managing Board end of ad-hoc-announcement (c)DGAP 12.06.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: No distribution in the U.S.A.: This press release and the information contained therein is not for publication or distribution in the United States of America (U.S.A.) nor for distribution and delivery to U.S. persons (including legal entities) and to publications with a general circulation in the U.S.A.. No offer: This announcement does not constitute either an offer or a solicitation for the submission of an offer for the acquisition of securities. The securities of HeidelbergCement AG described herein are not offered for purchase in the U.S.A. and are not registered under the U.S. securities laws. Caveat in the event of future statements: If we comment on forecasts or expectations in this announcement or if our statements relate to the future, these statements may be associated with known and unknown risks and uncertainties. Actual outcomes and developments may, therefore, deviate significantly from the expressed expectations and assumptions. In addition to other reasons not listed here, deviations may arise from changes in the general economic situation and from the competitive situation, particularly in HeidelbergCement business lines and markets, from acquisitions and the subsequent integration of companies and from restructuring measures. The performance of financial markets and exchange rates as well as national and international law amendments, particularly with regard to tax regulations, may also exert an influence. The company assumes no obligation to update future statements. No obligation to provide updates: The company does not assume any obligation to update statements contained herein. ——————————————————————————– WKN: 604700; ISIN: DE0006047004; Index: MDAX Listed: Amtlicher Markt in Düsseldorf, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Berlin-Bremen, Hamburg und Hannover 121723 Jun 03