euro adhoc: HeidelbergCement AG
other
HeidelbergCement intends to sell its
stake in Vicat
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
02.03.2007
HeidelbergCement intends to sell its 35% stake in the French Group Vicat, by way of a public offering in France and a private placement elsewhere. BNP Paribas and Calyon will act as Joint Bookrunners and Joint Lead Managers of the contemplated offering, which is foreseen to be completed within the second quarter of 2007, subject to market conditions. The family holdings, along with the company, have announced their intention to purchase up to one third of the offered shares. At current stock price, the stake amounts to about EUR 1.4 billion. With the expected proceeds from the offering, the refinancing of the HeidelbergCement Group should be driven forward and investment projects financed.
Heidelberg, 2 March 2007
HeidelbergCement AG The Managing Board
end of announcement euro adhoc 02.03.2007 17:18:37
Further inquiry note:
Dr. Albrecht Glitz
+49(0)6221/481-360
albrecht.glitz@heidelbergcement.com
Branche: Construction & Property
ISIN: DE0006047004
WKN: 604700
Index: HDAX, MDAX, Classic All Share, Midcap Market Index, Prime All
Share, CDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Niedersächsische Börse zu Hannover / free trade
Baden-Württembergische Wertpapierbörse / official dealing
Börse Düsseldorf / official dealing
Bayerische Börse / official dealing