Warimpex Finanz- und Beteiligungs AG
euro adhoc: Warimpex Finanz- und Beteiligungs AG
Financing, Stock Offerings
(IPO)
WARIMPEX SHARES APPROVED FOR TRADING ON WARSAW STOCK EXCHANGE
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
26.01.2007
On 24 January 2007, Polish National Depository of Securities has registered in depository, based on its Management Board resolution, up to 36.000.000 Companys ordinary bearer shares.
On 25 January 2007, Warsaw Stock Exchange has approved, based on its Management Board resolution, 36.000.000 Companys ordinary bearer shares for trading on primary market of Warsaw Stock Exchange.
Both above mentioned resolutions were conditional, among others upon registration by commercial court in Vienna Companys capital increase by 6.000.000 shares offered in public offering. After the registration happened in Vienna on 25 January 2007, all conditions specified in above mentioned resolution were met and shares could be delivered now to investment securities accounts of Polish investors. In Polish Public Offering 3,336,414 shares were allotted in total, including 500,000 shares (15 % of shares allocated to Polish investors) for Polish Retail Investors and remaining shares allotted to Polish Institutional Investors. Due to the high oversubscription, orders of Polish Retail Investors had to be reduced by 98.12% which means that they were allotted on average 1,88% of ordered shares. At the issue price, the total Warimpex IPO was oversubscribed by 14.6 times by demand from all markets.
In addition Warsaw Stock Exchange has confirmed that trading with shares on Warsaw Stock Exchange will start on 29 January 2007.
end of announcement euro adhoc 26.01.2007 18:15:00
Further inquiry note:
Branche: Real Estate
ISIN: AT0000827209
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / official market