Ad-hoc | 16 January 2002 19:49
Süss Micro Tec AG
english
SÜSS MicroTec’s Successful Capital Increase
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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SÜSS MicroTec’s Successful Capital Increase
Munich, 16. January 2002 – SÜSS MicroTec AG, Garching, today successfully placed
via a private placement to institutional investors outside the US, underwritten
by Morgan Stanley, 1,130,000 no par value shares without pre-emptive rights at
a price of Euro 30.5 per share. The Management Board of Süss MicroTec AG, with
the consent of the Supervisory Board, resolved today to increase the Company’s
share capital by Euro 1,130,000 through the issue of 1,130,000 no par value
shares out of the Authorized Capital. The Company granted a customary Greenshoe
Option to the underwriter to be sourced by an additional capital increase. Upon
registration, the Company’s share capital will amount to Euro 14,932,484
consisting of 14,932,484 shares. The Company expects to receive new funds of
approx. Euro 33m which are intended to be used for smaller acquisitions and for
some debt repayment. The acquisition focus will be on companies which provide
new technologies or innovative products and are currently available at very
interesting conditions.
The private placement will be settled with investors on or about January 18,
2002, using shares lent by existing investors, due to the time required to
obtain the registration of the new shares with the commercial register and
admission to listing on the Frankfurt Stock Exchange of the newly issued shares.
Upon completion of the registration and admission to listing, the Company will
receive the proceeds of the offering and the newly issued shares will be applied
to reinstate existing investors
Contact: Süss MicroTec AG, Barbara v. Jan, Investor Relations
Tel.: +49-89-32007314, email: b.jan@suss.de
end of ad-hoc-announcement (c)DGAP 16.01.2002
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WKN: 722670; ISIN: DE0007226706; Index: NEMAX 50
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
161949 Jän 02