Ad-hoc | 2 July 2001 08:12
Infineon Technologies AG
english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Infineon Technologies to Proceed with Public Offering of up to 60 Million Shares
Munich, Germany – July 2, 2001 – Infineon Technologies AG (FSE/NYSE: IFX) today
announced that it intends to proceed with a public offering of up to 60 million
newly-issued shares, including approximately 7.8 million shares included in the
underwriters’ over-allotment option. The shares will be issued by Infineon from
its authorized capital in a capital increase without pre-emptive rights. No
shares will be offered by any of Infineon’s existing shareholders.
The offering will take the form of simultaneous public offerings in Germany and
the United States and a private placement to international institutional
investors in the rest of the world. Infineon’s shares are listed on the
Frankfurt Stock Exchange and its ADSs (American Depositary Shares) are listed on
the New York Stock Exchange.
It is currently anticipated that the sale of shares in the offering will take
place on or about Friday, July 13.
end of ad hoc announcement (c) DGAP 02.07.2001
Issuer’s information/explanatory remarks concerning this ad hoc announcement:
The company intends to use the net proceeds resulting from the offering to fund
future capital expenditures and potential acquisitions, to repay short-term
debt, and for work-ing capital and other corporate purposes.
Goldman Sachs is the Global Coordinator for the Offering. A copy of the
prospectus can be obtained from Goldman Sachs.
A registration statement relating to the securities has been filed with the
Securities and Exchange Commission but has not yet become effective. The
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This announcement shall not
constitute an offer to sell or the solicitation of an offer to buy shares of
Infineon nor shall there be any sale of the securities in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the laws of any such state. Any decision on an investment in
the shares of Infineon should be based on the information contained in the
prospectus which will be available as aforesaid.
About Infineon:
Infineon Technologies AG, Munich, Germany, offers semiconductor and system solu-
tions for applications in the wired and wireless communications markets, for
security systems and smartcards, for the automotive and industrial sectors, as
well as memory products. With a global presence, Infineon operates in the US
from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from
Tokyo. In the fiscal year 2000 (ending September), the company achieved sales of
Euro 7.28 billion with about 29,000 employees worldwide. Infineon is listed on
the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange
(ticker symbol: IFX). Further information is available at www.infineon.com.
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WKN: 623100; Index: DAX
Listed: Amtlicher Handel in Frankfurt; Freiverkehr in Berlin, Bremen,
Düsseldorf, Hamburg, Hannover, München, Stuttgart; NYSE
020812 Jul 01