Ad-hoc | 1 October 2012 21:49
Talanx Aktiengesellschaft / Key word(s): IPO
01.10.2012 21:49
Dissemination of an Ad hoc announcement according to ยง 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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Talanx AG today set a placement price of EUR18.30 per share for the shares
offered in its initial public offering.The placement price is thus EUR1.00
above the lower end of the price range of EUR17.30 to EUR20.30 per share.
By allocating 25.5 million shares at the placement price, Talanx has
generated gross proceeds of approximately EUR467 million. An additional
approximately 2.7 million shares were used for overallotments. If the
greenshoe option granted to the underwriting banks is fully exercised,
Talanx will receive additional gross proceeds of approximately EUR50
million. The free float will in this case amount to ca. 11.2 percent.
In addition, the strategic partner Meiji Yasuda Life Insurance is, as
previously announced, converting its EUR300 million subordinated bond held
since November 2010 into shares of Talanx AG at the IPO price. Meiji Yasuda
will thus hold a stake of ca. 6.5 percent in Talanx AG in future assuming a
fully exercised greenshoe.
Additional Information:
Listing: Regulated Market/Prime Standard, Frankfurt Stock Exchange;
Hannover Stock Exchange; Registered office of the company: Germany
ISIN: DE000TLX1005
German Securities Identification Number: TLX100
Talanx AG
Riethorst 2
D-30569 Hannover
Investor Relations contact:
Dr. Wolfram Schmitt
Tel.: +49 (0511) 3747-2185
ir@talanx.com
Disclaimer
This ad hoc announcement does not constitute an offer to sell or the
solicitation of an offer to purchase the shares or other securities of
Talanx AG. The shares offered in connection with the initial public
offering have already been placed.
In particular, this ad hoc announcement is not an offer of securities for
sale in the United States of America. Securities may not be offered or sold
in the United States of America absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended (the
'Securities Act'). Any public offering of securities of Talanx AG to be
made in the United States of America would have to be made by means of a
prospectus that could be obtained from Talanx AG and that would contain
detailed information about the company and management, as well as financial
statements. Neither Talanx AG nor its shareholder intends to register any
part of the offering in the United States of America.
01.10.2012 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: Talanx Aktiengesellschaft
Riethorst 2
30659 Hannover
Germany
Phone: +49 511 3747 2227
Fax: +49 511 3747 2286
E-mail: ir@talanx.com
Internet: www.talanx.de
ISIN: DE000TLX1005
WKN: TLX100
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover
Notierung vorgesehen (Regulierter Markt)/ designated to be listed (Regulated Market)
End of Announcement DGAP News-Service
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