Ad-hoc | 16 February 2011 21:12
KHD Humboldt Wedag International AG / Key word(s): Capital Increase/Alliance
16.02.2011 21:12
Dissemination 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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Not for release, distribution or publication, whether directly or
indirectly and whether in whole or in part into or in the United States,
Canada, Australia or Japan or any other jurisdiction in which such release,
publication or distribution would be unlawful
Cologne, February 16, 2011 - KHD Humboldt Wedag International AG (KHD)
successfully concluded its capital increase today. The capital increase,
which is from approved capital and grants statutory subscription rights to
existing shareholders, formed the subject of a Management Board resolution
with Supervisory Board assent on December 21, 2010. As part of the
transaction, the company's share capital is increased by EUR 16,561,021.00,
from EUR 33,142,552.00 to EUR 49,703,573.00. The new ordinary bearer
shares, each with a notional amount in the share capital of EUR 1.00, were
issued at a price of EUR 4.53 per share. They carry dividend entitlement
from January 1, 2010. The gross issue proceeds from the transaction amount
to EUR 75,021,425.13.
A total of 16,571,276 new shares was available for the capital increase.
Following the end of the subscription period there were sufficient shares
remaining to allow Max Glory Industries Ltd. ('MGI') to subscribe for such
a number of shares for MGI to hold 20% of the company's shares following
the implementation of the capital increase. MGI is an indirect subsidiary
of CATIC Beijing Co. Ltd., Beijing, China, with which KHD concluded a
cooperation agreement in December 2010. This agreement has become effective
since the capital increase has been implemented, according to its terms.
The new shares will be included in the Regulated Market of the Frankfurt
Stock Exchange prospectively at the beginning of next week.
Disclaimer
This release is neither an offer to sell nor a solicitation of an offer to
buy or subscribe for any securities and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation
or sale is unlawful. This release does not constitute or form part of an
offer or solicitation to purchase or subscribe for securities in the United
States. The securities referred to herein may not be sold in the United
States absent registration or an exemption from registration under the US
Securities Act of 1933, as amended. KHD does not intend to register any
portion of the offering of the securities in the United States or to
conduct a public offering of the securities in the United States. Copies of
this announcement should not be made in and may not be distributed or sent
into the United States, Canada, Australia or Japan.
cometis AG
Ulrich Wiehle / Susanne Gremmler
Tel.: +49 (0)611 - 205855-23
Fax: +49 (0)611 - 205855-66
E-Mail: gremmler@cometis.de
16.02.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KHD Humboldt Wedag International AG
Colonia Allee 3
51067 Köln
Deutschland
Phone: +49 (0)221 6504 1106
Fax: +49 (0)221 6504 1090
E-mail: info@khd.com
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of Announcement DGAP News-Service
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