DGAP-Adhoc: SCHOTT Solar AG sets price range

 | Source: EQS Group AG EQS Group AG 

SCHOTT Solar AG / IPO

29.09.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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• Price range is between EUR 14.50 and EUR 19.50 per share
• Subscription period from September 29, 2008 to October 1, 2008

Mainz, September 29, 2008 – The further details for the planned IPO have
been determined by SCHOTT Solar AG, the current shareholder SCHOTT AG as
well as the Joint Global Coordinators and Joint Bookrunners Commerzbank,
Deutsche Bank and J.P. Morgan.

The price range for subscriptions is between EUR 14.50 and EUR 19.50 per
share. A total of up to 33,673,684 shares will be offered. This total
number breaks down into 28,000,000 shares from a cash capital increase
resolved by the company´s general shareholders´ meeting on September 12,
2008, up to 1,473,684 shares held by the current shareholder SCHOTT AG,
which will be making these available solely for preferential allocation
within the framework of the employee participation program, plus an
additional total of up to 4,200,000 shares under a greenshoe option, the
latter shares also being provided by the current shareholder.

Assuming full placement of the capital increase within the price range now
set, SCHOTT Solar AG will achieve gross issue proceeds between EUR 406.0
million and EUR 546.0 million. With all shares fully placed and the
greenshoe option fully exercised, the free float will be roughly 40.1
percent. The total issue size will amount to up to EUR 656.6 million.

Interested investors may subscribe SCHOTT Solar shares between September
29, 2008 and October 1, 2008. The subscription period expires on October 1,
2008 at 12:00 noon (CEST) for private investors and at 3:00 p.m. (CEST) for
institutional investors. The final placement price and the final placement
volume will presumably be determined and published on October 1, 2008. The
first listing of SCHOTT Solar shares in the Prime Standard of the Frankfurt
Stock Exchange is planned for October 2, 2008. The conditions of the
offering are defined in the German-language Offering Memorandum approved by
the 'Bundesanstalt für Finanzdienstleistungsaufsicht' (Federal Financial
Supervisory Authority, 'BaFin') on September 5, 2008 and a supplement which
still needs to be approved by the BaFin. The German-language Offering
Memorandum is available on the company’s website (www.schottsolar.de) in
the Investor Relations section. The supplement will also be published on
this website once it has been approved.

SCHOTT Solar AG, Hattenbergstrasse, 55122 Mainz
ISIN: DE000A0RAS03
Markets: Regulated market in Frankfurt (Prime Standard) – listing planned

* * * *
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN AND AUSTRALIA.
* * * *

This publication constitutes neither an offer to sell nor an invitation to
buy securities. The shares in SCHOTT Solar AG (the 'Shares') may not be
offered or sold in the United States of America or to or for the account or
benefit of 'U.S. persons' (as such term is defined in Regulation S under
the Securities Act of 1933, as amended (the 'Securities Act')) absent
registration or an exemption from registration under the Securities Act.
The Shares have not been and will not be registered under the Securities
Act. No offer or sale of securities is being made to the public outside
Germany.
In Germany, the offer is made exclusively by means of and on the basis of
the German language Offering Memorandum. The German language Offering
Memorandum (including any supplement) is available free of charge on the
Company's website www.schottsolar.de. On request, it may also be obtained
in printed form from the Company (Hattenbergstr. 10, 55122 Mainz) and
Commerzbank AG, Kaiserstraße 16 (Kaiserplatz), 60311 Frankfurt/Main,
Deutsche Bank AG, Grosse Gallusstraße 10-14, 60311 Frankfurt/Main, J.P.
Morgan Securities Ltd., Junghofstraße 14, 60311 Frankfurt/Main, and
Landesbank Baden-Württemberg, Am Hauptbahnhof 2, 70173 Stuttgart, during
the regular business hours.
This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the
'Order') or (iii) high net worth companies and other persons to whom it may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the
Order (all such persons in (i), (ii) and (iii) above together being
referred to as 'relevant persons'). The securities are only available to,
and any invitation, offer or agreement to subscribe for, purchase or
otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on
this document or any of its contents.

About SCHOTT Solar AG
SCHOTT Solar’s high quality products exploit the virtually inexhaustible
potential of the sun as a renewable source of energy. For this purpose
SCHOTT Solar produces important components for photovoltaic applications
and solar energy plants with parabolic trough technology. In the
photovoltaic industry, the company is one of the few integrated
manufacturers of crystalline silicon wafers, solar cells and photovoltaic
modules. Wafer production is mainly carried out through a WACKER SCHOTT
Solar joint venture, which ensures the supply of silicon necessary for
long-term growth. Thanks to over 20 years of experience in thin-film
technology, SCHOTT Solar also regards itself as one of the industry’s
cutting-edge companies. In receiver production for solar power plants with
parabolic trough technology, SCHOTT Solar considers itself to be the market
and technology leader. The receivers are key components in large-scale
power plants that generate electricity from solar energy centrally on the
basis of parabolic trough technology and can supply entire cities with
power. SCHOTT Solar has production facilities in Germany, the Czech
Republic, the USA and Spain. SCHOTT Solar’s innovative power and
technological expertise date back to the late 1950s. SCHOTT Solar AG is a
wholly owned subsidiary of the international SCHOTT technology group.
SCHOTT develops special materials, components and systems for the household
appliance, pharmaceutical, solar energy, electronics, optical and
automotive industries. With around 16,700 employees, the SCHOTT Group
generated a worldwide turnover of about 2.1 billion euros in fiscal year
2006/2007.

Contact: 

SCHOTT Solar AG    
Lars Waldmann   
Presse und Öffentlichkeitsarbeit 
Tel:  +49 (0)6023 - 91 1811 
Fax:  +49 (0)6023 - 91 1700  
lars.waldmann@schott.com  
www.schottsolar.de

Haubrok Investor Relations GmbH
Michael Werneke/Simone Gorny
Tel:  +49 (0)211 - 30126 109
Fax:  +49 (0)211 - 30126 5109
ir.schottsolar@haubrok.de
www.haubrok.de
DGAP 29.09.2008 
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Language:     English
Issuer:       SCHOTT Solar AG
              Hattenbergstraße
              55122 Mainz
              Deutschland
Phone:        +49 (0) 6023 / 91-05
Fax:          +49 (0) 6023 / 91-1700
E-mail:       ir.schottsolar@haubrok.de
Internet:     www.schottsolar.com
ISIN:         DE000A0RAS03
WKN:          A0RAS0
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / designated to be listed
End of News                                     DGAP News-Service
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