Ad-hoc | 13 October 2006 18:29
VERBIO sets issue price and offer volume
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Hamburg, October 13, 2006 – VERBIO Vereinigte BioEnergie AG (ISIN
DE000A0JL9W6) and the existing shareholders together with Credit Suisse and
Dresdner Kleinwort have set the issue price at EUR 14.50 per share. A total
of 18,200,000 shares in VERBIO Vereinigte BioEnergie AG have been placed.
Thereof 13,000,000 shares stem from a capital increase from authorized
capital and 5,200,000 shares from the existing shareholders (including
2,000,000 from an over-allotment option granted to the underwriters). The
offer volume therefore amounts to EUR 263.9 million. The company will
receive the gross IPO proceeds of EUR 188.5 million. The company’s free
float will be approx. 25.7% (approx. 28.9%, if the greenshoe option is
exercised).
The first day of trading in the Official Market of the Frankfurt Stock
Exchange (Prime Standard) is expected to be on October 16, 2006.
About 1.2 million shares have been allotted to retail investors, which
corresponds to 6.6% of the placement volume (incl. Greenshoe). The minimum
order size of 25 shares has been fully allotted; orders in excess thereof
were allotted with a pro rata share of 50%. Within the scope of the
preferential allotment a total of around 333,000 shares were allotted,
which corresponds to around 2.1% of the placement volume (excl. Greenshoe).
Contact
VERBIO Vereinigte BioEnergie AG
Alexandra Mühr
Tel.: (+49) 34956 / 303 90
Fax: (+49) 34956 / 303 99
E-Mail: pr@verbio.de
Disclaimer
This announcement is not a prospectus and does not constitute an offer to
sell or the solicitation of an offer to purchase the shares or other
securities of VERBIO Vereinigte BioEnergie AG. Investors should not
subscribe for any shares referred to in this document except on the basis
of the information contained in the prospectus relating to the Shares. The
prospectus is published on the websites of VERBIO Vereinigte BioEnergie AG.
A free copy of the prospectus is available to investors at the Company,
Credit Suisse Securities (Europe) Limited, Dresdner Bank AG, Landesbank
Baden-Württemberg, Sal. Oppenheim jr. & Cie. KGaA and Frankfurter
Wertpapierbörse.
This 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. Any public offering of
securities to be made in the United States of America will be made by means
of a prospectus that may be obtained from VERBIO Vereinigte BioEnergie AG
and that will contain detailed information about the company and
management, as well as financial statements.
This announcement is directed at and/or for distribution in the U.K. only
to (i) persons who have professional experience in matters relating to
investments falling within article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (ii)
high net worth entities falling within article 49(2)(a) to (d) of the Order
(all such persons being together referred to as “relevant persons”). This
announcement is directed only at relevant persons. Any person who is not a
relevant person should not read, act or rely on this announcement or any of
its contents. Any investment or investment activity to which this
announcement relates is available only to relevant persons and will be
engaged in only with relevant persons.
(c)DGAP 13.10.2006
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Language: English
Issuer: VERBIO Vereinigte BioEnergie AG
Thura Mark 18
06780 Zörbig Deutschland
Phone: +49 (0)34956-303 90
Fax: +49 (0)34956-303 99
E-mail: pr@verbio.de
WWW: www.verbio.de
ISIN: DE000A0JL9W6
WKN: A0JL9W
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Düsseldorf
Börsennotierung im Amtlichen Markt (Prime Standard) voraussichtlich am 16.10.2006.
End of News DGAP News-Service
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