Corporate | 9 September 2009 08:38
Commerzbank AG / Miscellaneous
09.09.2009
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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NOT FOR DISTRIBUTION IN THE USA
Commerzbank places 5% percent stake in GEA
Commerzbank has sold the entire remaining stake of approximately 5% or 9.2
million shares it currently holds in GEA Group AG. Within only 1.5 hours,
the shares with an overall value of ca. 115.9 million Euro were succesfully
placed with national and international institutional investors.
The placement price amounted to 12.60 Euro per share. This results in a
discount relative to the XETRA closing price of the GEA share on September
8, 2009 (12.78 Euro) of only 1.4 percent.
The Accelerated Bookbuild Offering was led by Commerzbank and UBS
Investment Bank acting as Joint Bookrunners.The stake in GEA was held by
Sueddeutsche Industrie-Beteiligungs-GmbH, a 100% subsidiary of Commerzbank.
In line with its strategy to focus on its core business, Commerzbank has
already sold non-strategic industry stakes in the past.
This announcement is for information purposes only and is not an offer to
sell, or the solicitation of an offer to buy, any securities.
The distribution of this announcement and the offer and sale of securities
may be restricted by law in certain jurisdictions. Any persons reading this
announcement should inform themselves of and observe any such restrictions.
THIS PRESS RELEASE IS NOT AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION
OF AN OFFER TO PURCHASE SECURITIES IN THE UNITED STATES. THE GEA GROUP
SHARES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES TO OR FOR THE
ACCOUNT OR BENEFIT OF U.S. PERSONS (AS SUCH TERM IS DEFINED IN REGULATION S
UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE 'SECURITIES ACT')),
UNLESS REGISTERED UNDER THE SECURITIES ACT OR PURSUANT TO AN EXEMPTION FROM
SUCH REGISTRATION UNDER THE SECURITIES ACT. THE GEA GROUP SHARES HAVE NOT
BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT.
Contact Media Relations:
Reiner Rossmann +49 69 136 46646
Maximilian Bicker +49 69 136 28696
Contact:
Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830
mediarelations@commerzbank.com
09.09.2009 Financial News transmitted by DGAP
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Language: English
Company: Commerzbank AG
Kaiserplatz
60261 Frankfurt am Main
Deutschland
Phone: +49 (069) 136 20
Fax: -
E-mail: ir@commerzbank.com
Internet: www.commerzbank.de
ISIN: DE0008032004
WKN: 803200
Indices: DAX, CDAX, HDAX, PRIMEALL
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
München, Hannover, Düsseldorf, Hamburg, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) London, SWX
End of News DGAP News-Service
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