20.05.2015
HELLA KGaA Hueck & Co. DE000A13SX22
DGAP-News: HELLA KGaA Hueck & Co.: HELLA free float increases significantly
DGAP-News: HELLA KGaA Hueck & Co. / Key word(s): Miscellaneous
HELLA KGaA Hueck & Co.: HELLA free float increases significantly
20.05.2015 / 08:32
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The information contained herein is not for publication or distribution in
or into the United States of America, Canada, Japan and Australia.
HELLA free float increases significantly
- Free float increases to approximately 28 percent
- Family shareholders place around 13.9 million shares with institutional
investors
- Mid-term objective MDAX kept in sight
Lippstadt, May 20, 2015. The family shareholders of HELLA KGaA Hueck & Co.,
a globally leading supplier of lighting technology and electronic products
for the automotive industry, have informed the company that they have
placed further shares with institutional investors in an accelerated
bookbuilding. Overall, the family members sold around 13.9 million shares
of HELLA KGaA Hueck & Co. in the process. The free float of HELLA thereby
increased to approximately 28 percent.
With the going public in November 2014, the members of the shareholder
family have signed a pooling agreement in which they jointly agree to keep
at least 60 percent of the shares within the family. The agreement will be
in force until at least 2024. The now placed shares originate from holdings
not subject to the pooling agreement. Furthermore, the remaining shares of
the family shareholders participating in the sale are reportedly subject to
a lock-up of six months.
The placement and the associated increase of the free float mark a further
milestone for HELLA on the way to achieving the mid-term goal of an MDAX
entry.
Bankhaus Lampe and Deutsche Bank acted as joint bookrunners in the private
placement with institutional investors.
Please note:
This text and matching pictures are also available from our press database
on:
www.hella.com/press
HELLA KGaA Hueck & Co., Lippstadt: HELLA is a global, family-owned company,
listed on the stock exchange, with more than 30,000 employees at 100
locations in more than 35 countries. The HELLA Group develops and
manufactures light technology and electronic components and systems for the
automotive industry and manages one of Europe's largest dealer
organizations for automotive parts, accessories, diagnostics, and services.
Entire vehicle modules, air-conditioning systems, and on-board electrical
systems are also realized in joint venture companies. With over 5,800
employees working in Research and Development, HELLA is a key innovation
driver in the market. In addition, with sales of approximately 5.3 billion
Euros in the fiscal year of 2013/2014, the HELLA Group is one of the top 50
automotive parts suppliers in the world and one of the 100 largest German
industrial companies.
For additional information please contact:
Dr Markus Richter
Company spokesman
HELLA KGaA Hueck & Co.
Rixbecker Strasse 75
59552 Lippstadt / Germany
Germany
Phone: +49 (0)2941 38-7545
Fax: +49 (0)2941 38-477545
[email protected]
www.hella.com
Disclaimer:
This document does not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities in the United States. Any
securities referred to herein have not been and will not be registered
under the U.S. Securities Act of 1933, as amended (the "Securities Act"),
and may not be offered or sold in the United States absent registration or
pursuant to an available exemption from registration under the Securities
Act. It is not intended to register any securities referred to herein in
the United States.
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20.05.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: HELLA KGaA Hueck & Co.
Rixbecker Str. 75
59552 Lippstadt
Germany
Phone: +49 (0)2941 38-7125
Fax: +49 (0)2941 38-6647
E-mail: [email protected]
Internet: www.hella.de/ir
ISIN: DE000A13SX22
WKN: A13SX2
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich,
Stuttgart; Regulated Unofficial Market in Berlin,
Dusseldorf; Luxemburg
End of News DGAP News-Service
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359603 20.05.2015
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