euro adhoc: Financing, Stock Offerings (IPO)
BENE AG: greenshoe option
exercised.
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
04.12.2006
Greenshoe option for 909,852 new shares exercised Additional issue proceeds of approximately EUR 5.0 m
Vienna / Waidhofen an der Ybbs, 4 December 2006 - In connection with the initial public offering by BENE AG, on 1 December the greenshoe option on up to 1,062,500 shares was exercised by Raiffeisen Centrobank on behalf of the syndicate, to the extent of 909,852 new shares. This brings the number of BENE AG shares in issue from 23,437,500 to 24,347,352 and increases the free float to 52.7%. The exercise of the greenshoe option brings BENE AG additional gross issue proceeds of EUR 5.0 m. The total gross proceeds that BENE AG receives from the Offering are round about EUR 30.8 m., which will be used to approximately two thirds for the expansion of its current business and to approximately one third for the extension of production capacity and automation.
About BENE. BENE is one of Europes leading office furnishers, and has grown faster than the industry trend over the past few years. It is the unrivalled number one in Austria, and number six in Europe, and has been among the beneficiaries of the ongoing consolidation process in the industry. Today BENE has 74 outlets in 29 countries, including 34 branches and 40 dealers, giving it one of the strongest direct sales networks in the business. BENE posted consolidated revenue of EUR 186.7m in its 2005/06 financial year. The group specialises in the conception and design of office environments. The worldwide head count is over 1,000.
end of announcement euro adhoc 04.12.2006 07:00:00
Further inquiry note:
IR
Gerald Strohmaier
BENE AG SCHWARZWIESENSTRASSE 3 A-3340 WAIDHOFEN/Y.
www.bene.com
TEL: +43 (0)7442 500 direct dial 3372 FAX +43 (0)7442 500 993372
E-MAIL IR@BENE.COM
PR
Ursula Grabher
BENE AG RENNGASSE 6 A-1010 VIENNA
www.bene.com
TEL: +43 (0)1 53426 direct dial 1265 FAX +43 (0)1 534261270
E-MAIL PRESS@BENE.COM
Branche: Furnishings & Furniture
ISIN: AT00000BENE6
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / official market