SW Umwelttechnik Stoiser & Wolschner AG
euro adhoc: SW Umwelttechnik Stoiser & Wolschner AG
Restructuring &
Recapitalisations
SW Umwelttechnik announces issue price of EUR 35
for new shares
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
10.05.2005
The actual capital increase of SW Umwelttechnik (Vienna Stock Exchange: swut) was subscribed 3 times. The issue price for the new 59,999 shares has been set at EUR 35. The new shares which are dividend entitled for 2004 are expected to commence trading on the Vienna Stock Exchange on 12 May 2005. This secondary offering, lead managed by Erste Bank, has increased the free float by 20%, and has significantly widened the companys investor base in the direction of CEE and environmental funds. Retail orders up to 100 shares will be allocated fully, orders above to 40%.
SW Umwelttechnik will use the issue proceeds of approx. EUR2.1m to accelerate expansion in Central and Eastern Europe, starting with the construction of factories in Romania, near Bucharest and Temesvar. The companys expansion strategy is based on meeting the demand for environmental and infrastructure products in this growth market.
end of announcement euro adhoc 10.05.2005 07:54:29
Further inquiry note:
DI Heinz Wolschner, Vorstand der SW Umwelttechnik
Tel.: 0043/463/32109-0, Fax: 0043/463/37667
MMag. Christian Riel, Finanzen/Investor Relations
Tel.: 0043/664/4337105, Fax: 0043/1/3688686,
mailto:christian.riel@sw-umwelttechnik.at
Website: http://www.sw-umwelttechnik.at
Branche: Technology
ISIN: AT0000808209
WKN: 080820
Index: WBI, ATX Prime, ViDX
Börsen: Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Wiener Börse AG / official dealing