euro adhoc: Zumtobel AG
Financing, Stock Offerings (IPO)
Announcement of
Exercise of Over-allotment option: Zumtobel AG
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
09.06.2006
Not for publication in the United States of America, Canada, Australia and Japan
Announcement of Exercise of Over-allotment option: Zumtobel AG
In connection with the Offer in relation to the following Ordinary Shares:
Zumtobel AG Ordinary Bearer Shares of no par value (the "Shares") ISIN: AT 0000837307
Zumtobel AG ("Zumtobel") announces that, in connection with the Offer
of 25,595,638 Shares, UBS Limited, as stabilising manager on behalf
of the syndicate, has exercised the over-allotment option granted by
Wengen Alberta, Limited Partnership, an affiliate of Kohlberg Kravis
Roberts & Co. (KKR), in respect of 1,398,917 Shares today. Zumtobel
will not receive any of the approximately EUR 28.7 million gross
proceeds arising from the exercise of the over-allotment option.Including the exercise of the over-allotment option, the total size of the Offer is approximately EUR 553.4 million (26,994,555 Ordinary Shares) representing a free float of approximately 60.4%. Following the exercise of the over-allotment option, KKR will own approximately 5.5% of Zumtobels Shares.
On May 10, 2006 the Offer Price of Zumtobel Shares was set at EUR 20.50.
The stabilisation period commenced at 8am on May 12, 2006 and terminated today with the notice to exercise the Over-allotment Option.
This press release constitutes neither an offer to sell nor a
solicitation to buy any securities. The securities have already been
sold. This press release is not being issued in the United States of
America and must not be distributed to U.S. persons (as defined in
Regulation S of the U.S. Securities Act of 1933, as amended
("Securities Act")) or publications with a general circulation in the
United States. This press release does not constitute an offer or
invitation to purchase any securities in the United States. The
securities of Zumtobel AG have not been registered under the
Securities Act and may not be offered, sold or delivered within the
United States or to U.S. persons absent from registration under or an
applicable exemption from the registration requirements of the United
States securities laws.end of announcement euro adhoc 09.06.2006 19:43:47
Further inquiry note:
Investors:
Christian Hogenmüller
Investor Relations
Zumtobel AG
Höchster Str. 8
A-6850 Dornbirn
Tel.: +43-5572-509 506
E-Mail: Christian.Hogenmueller@zumtobel.com
http://www.zumtobelgroup.com
Press:
Astrid Kühn-Ulrich
Corporate Communications
Zumtobel AG
Höchster Str. 8
A-6850 Dornbirn
Tel.: +43-5572-509 1570
E-Mail: Astrid.Kuehn@zumtobel.com
http://www.zumtobelgroup.com
Branche: Semiconductors & active components
ISIN: AT000837307
WKN: A0JLPR
Index: ATX Prime, WBI
Börsen: Wiener Börse AG / official market