EANS-Adhoc: Wolford AG: Implementation of the approx. EUR 22 million capital
increase by 11 July 2018 ? subscription period 21 June until 5 July 2018
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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
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Capital Measures
18.06.2018
Bregenz - Today, the management board of Wolford AG set the subscription period
from 21 June until and including 5 July 2018 as well as the value date of 11
July 2018 for the ordinary capital increase from currently EUR 36,500,000 to EUR
48,848,227.88 by issue of 1,719,151 new shares.
As already resolved upon by the extraordinary general meeting, the subscription
price per new share amounts to EUR 12.80 and the subscription ratio is 20:7 (20
subscription rights entitle to subscribe for 7 new shares). For each existing
share of Wolford AG held (on 18 June 2018, 23:59 Central European Summer Time),
one subscription right will be granted. The new shares have the ISIN
AT0000A21A30. Trading in subscription rights (auction trading) will take place
on the Vienna Stock Exchange from 28 June 2018 until and including 2 July 2018.
The subscription announcement will be published on 19 June 2018 in the Official
Gazette of Wiener Zeitung.
Fosun Industrial Holdings Limited committed to subscribe for and accept all new
shares not subscribed for in the rights offering. Therefore, Fosun Industrial
Holdings Limited has committed that the capital increase will be fully
subscribed for.
The prospectus drawn up in compliance with the Austrian Capital Markets Act
(KMG) and the Prospectus Regulation for the subscription offer in Austria is
approved by the Austrian Financial Market Authority on 18 June 2018. The
prospectus is available from 18 June 2018 on the website of Wolford AG (http://
company.wolford.com/investor-relations/capital-increase) and free of charge at
the company's seat (Wolfordstraße 1, 6900 Bregenz) during normal business hours.
Due to the mandatory takeover offer (§ 22 Austrian Takeover Act) of Fosun
Industrial Holdings Limited as of 6 April 2018 the new shares to be issued in
the capital increase will have the ISIN AT0000A21A48 until the end of the
additional acceptance period of the takeover offer (§ 19 Abs 3 Z 1 Austrian
Takeover Act; expected for 14 August 2018) and will have the same ISIN as the
existing shares of Wolford AG afterwards (ISIN AT0000834007). It is explicitly
stated that new shares acquired in the course of the capital increase are not
subject to the takeover offer of Fosun Industrial Holdings Limited and, hence,
are not entitled for tender into the takeover offer. The new shares will be
listed in the Standard Market Auction segment of the Vienna Stock Exchange until
their ISIN has been aligned with the ISIN of the existing shares of Wolford AG
(expected for mid-August 2018).
Shares, which have been tendered during the additional acceptance period of the
takeover offer of Fosun Industrial Holdings Limited to the tender agent for the
takeover offer and, as a result, have instead of the previous ISIN been assigned
the ISIN AT0000A20EF4, entitle to the same receipt of subscription rights like
the existing shares of
Wolford AG (ISIN AT0000834007).
Disclaimer: A public offering of new shares will exclusively be made in the
Republic of Austria on the basis of a prospectus approved by the Austrian
Financial Market Authority and published in accordance with the Austrian Capital
Market Act (Kapitalmarktgesetz), as supplemented from time to time. The new
shares have not been and will not be registered under the U.S. Securities Act.
Wolford AG does not intend to register any part of the offering in the United
States. There will be no public offering of the new shares in the United States
of America or in other countries except for the Republic of Austria.
Further inquiry note:
Wolford AG
Maresa Hoffmann
Investor Relations & Corporate Communications
Tel.: +43 5574 690 1258
investor@wolford.com | company.wolford.com
end of announcement euro adhoc
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issuer: Wolford Aktiengesellschaft
Wolfordstrasse 1
A-6900 Bregenz
phone: +43(0) 5574 690-1268
FAX: +43(0) 5574 690-1219
mail: investor@wolford.com
WWW: http://company.wolford.com
ISIN: AT0000834007
indexes: ATX GP
stockmarkets: Frankfurt, Wien, New York
language: English
