euro adhoc: aleo solar AG
Financing, Stock Offerings (IPO)
Offer price for
aleo solar shares set at EUR 13.50
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
13.07.2006
Ad Hoc Release
Offer price for aleo solar shares set at EUR 13.50
OLDENBURG/PRENZLAU, 13th July 2006. The offer price for shares in aleo solar AG (ISIN DE000A0JM634) has been set at EUR 13.50 In a difficult market environment the company managed to place all 7,033,061 registered no-par value ordinary shares (including a greenshoe of 917,355). The transaction is lead by COMMERZBANK CORPORATES & MARKETS as Sole Bookrunner and Global Coordinator, HVB Corporates & Markets and Berenberg Bank. The company will receive gross proceeds of approx. EUR 38.5 million from the sale of 2,850,400 new shares resulting from a capital increase resolved in connection with the initial public offering. Trading in shares of aleo solar will commence in the Official Market (Amtlicher Markt) / Prime Standard of the Frankfurt Stock Exchange on July 14, 2006.
Information and Explanation of the Issuer to this Ad Hoc-Release: Aleo solar AG intends to use the net proceeds that will accrue to it from the Offering to finance further organic and external growth, to implement and finance its strategic goals as well as for general business purposes. In particular, the Company intends to use the net proceeds to achieve further international expansion, secure the supply of solar cells, acquire companies or parts thereof and investments as well as to effect an appropriate increase in working capital for growing and developing the system business.
Disclaimer: This information constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. Any such offer is made solely by means of and on the basis the German Securities Prospectus published and registered with the German Financial Supervisory Authority (BaFin), including its supplements. Any investment decision concerning the securities of the issuer offered publicly should only be made on the basis of the German Securities Prospectus including its supplements. The German Securities Prospectus of June 28, 2006 and its German supplement dated July 10, 2006 are available on the Internet at www.aleo- solar.de and in printed form upon request free of charge from COMMERZBANK Aktiengesellschaft (ZRA FB 1, Unternehmensrecht und Börseneinführungen, Kaiserstraße 16, 60311 Frankfurt am Main, Fax-Nr.: 069-136 29299), the Bayerische Hypo- und Vereinsbank AG (Arabellastraße 12, 81925 München, Fax-Nr.: 089-378 12452) and Joh. Berenberg, Gossler & Co. KG, Berenberg Bank (Neuer Jungfernstieg 20, 20354 Hamburg, Fax-Nr.: 040-35060 963).
end of announcement euro adhoc 13.07.2006 21:31:13
Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Telefon: +49(0)441-21988-77
E-Mail: nieper@aleo-solar.de
Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing