Leoni AG / Key word(s): Capital Increase
30.06.2011 17:43
Dissemination of an Ad hoc announcement according to § 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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Leoni AG decides on 10 per cent capital increase from authorised capital
Nuremberg, 30 June 2011 - Today, the executive board of Leoni AG, Nuremberg
(ISIN: DE000540888 4 / WKN code: 540888), has decided on, and the
supervisory board has approved, a capital increase of nearly 10 per cent
against cash contributions from the company's authorized capital. The
company's share capital will be increased by the issue of 2,969,000 new
no-par value registered shares from so far Euro 29,700,000 by Euro
2,969,000 to Euro 32,669,000 in the future. The new shares are entitled to
dividends as from 1 January 2011.
The 2,969,000 new shares will be offered to institutional investors by way
of an accelerated bookbuilding process. Shareholders' subscription rights
are therefor excluded. The transaction is accompanied by Deutsche Bank AG
as sole bookrunner and HSBC as co-lead manager. The placement price will be
set and announced, presumably on 1 July 2011, following the completion of
the accelerated bookbuilding.
The admission of the new shares without a prospectus to the regulated
market (regulierter Markt) on the Frankfurt Stock Exchange (Prime Standard)
and the Munich Stock Exchange is expected on 1 July 2011 as well. It is
scheduled that they will be included in the existing listing for the
company's shares on 5 July 2011.
Leoni AG intends to use the proceeds of the issue to finance the strong
organic growth of the Group as well as the acquisition of the remaining 50
per cent stake in the Korean wiring systems producer Daekyeung. Given the
strong business performance of the second quarter, Leoni reaffirms its
sales and earnings forecasts for fiscal year 2011 released by ad hoc
announcement as of 19 April 2011.
This release does not constitute an offer of securities for sale, a
solicitation of an offer to purchase or to subscribe for securities of
Leoni AG. Neither this release nor anything contained herein shall form the
basis of, or be relied on, in connection with, any offer or commitment
whatsoever.
This information is not for release, publication or distribution in or into
the United States of America and may not be distributed to U.S. persons (as
defined in Regulation S under the United States Securities Act of 1933, as
amended (the 'Securities Act')). In particular, this information does not
constitute an offer of securities for sale, a solicitation of an offer to
purchase or to subscribe for securities of Leoni AG in the United States.
The securities of Leoni AG may not be offered, sold or delivered in the
United States or to or for the account or benefit of U.S. persons, unless
registered under the Securities Act or pursuant to an exemption from such
registration. The securities will not be registered under the Securities
Act. There will be no public offer of securities of Leoni AG in the United
States.
Contact person for journalists
Sven Schmidt
Corporate Public & Media Relations
Phone +49 (0)911-2023-467
Fax +49 (0)911-2023-231
E-mail presse@leoni.com
Contact person for analysts and investors
Frank Steinhart / Susanne Kertz
Corporate Investor Relations
Phone +49 (0)911-2023-203 / -274
Fax +49 (0)911-2023-209
E-mail invest@leoni.com
LEONI AG
MarienstraÃe 7
90402 Nuremberg
Germany
Listed: Regulated Market (Prime Standard) on Frankfurt Stock Exchange
Regulated Market on Munich Stock Exchange
Kontakt:
Sven Schmidt
Leoni AG
Public & Media Relations
Tel: +49 (0)911 / 2023-467
E-mail: sven.schmidt@leoni.com
30.06.2011 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: Leoni AG
MarienstraÃe 7
90402 Nürnberg
Deutschland
Phone: +49 (0)911 20 23-274
Fax: +49 (0)911 20 23-209
E-mail: invest@leoni.com
Internet: www.leoni.com
ISIN: DE0005408884
WKN: 540888
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Leoni AG decides on 10 per cent capital increase from authorised capital
| Source: EQS Group AG