euro adhoc: STRABAG SE
Financing, Stock Offerings (IPO)
STRABAG SE:
Greenshoe option for 3,000,000 new shares exercised
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
25.10.2007
In connection with the IPO of STRABAG SE the syndicate banks have ended the stabilisation measures in the first week on the basis of good and stable demand and the over-allotment-option (Greenshoe) comprising 3,000,000 shares has been exercised in full. The company has accordingly resolved upon an increase of the share capital by a further EUR 3,000,000 through issuance of 3,000,000 new shares and applied for registration of the capital increase with the commercial register. According to sec 93 Stock Exchange Act STRABAG SE announces a resulting increase in the number of STRABAG SE shares from 111,000,000 to 114,000,000 shares and in the share capital from EUR 111,000,000 to EUR 114,000,000. The number of free float shares therefore amounts to 28,500,001 shares, resulting in a total free float of 25% + 1 share. Taking account of the exercise of the over-allotment-option, the gross proceeds from the IPO amount to EUR 1.325 billion.
This ad-hoc release does not represent an offer to sell nor is it a solicitation or an invitation to buy securities of STRABAG SE. Rather, it is intended to serve informational purposes only. In connection with the public offering of securities of STRABAG SE in Austria, the only information which is binding is the information contained within the published securities prospectus approved by the Austrian Financial Market Authority. The prospectus can be obtained free of charge from STRABAG SE, Donau-City-Straße 9, 1220 Vienna, Raiffeisen Centrobank AG, Tegetthoffstraße 1, 1015 Vienna, Deutsche Bank AG, Vienna Office, Hohenstaufengasse 4, 1010 Vienna, or Erste Bank der oesterreichischen Sparkassen AG, Graben 21, 1010 Vienna, during the regular business hours. No orders for subscription placed before 8 October 2007 will be accepted. The shares of STRABAG SE may be sold or offered for sale in the United States of America only with previous registration or, absent previous registration, only with an exemption from the registration requirement in accordance with the U.S. Securities Act of 1933 in its currently valid form. It is not planned to make a public share offer in the United States.
end of announcement euro adhoc 25.10.2007 11:06:30
Further inquiry note:
STRABAG SE
Dr. Christian Ebner
Konzernsprecher
Tel: +43-1-22422-1121
christian.ebner@strabag.com
Branche: Construction & Property
ISIN: AT000000STR1
WKN:
Index: ATX, WBI, SATX
Börsen: Wiener Börse AG / Regulated free trade