10.06.2015
Wacker Chemie AG DE000WCH8881
DGAP-Adhoc: Wacker Chemie AG: Placement Price for Siltronic AG share set at EUR 30 per share
Wacker Chemie AG / Key word(s): IPO
10.06.2015 21:48
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Today, the WACKER-Group ("WACKER"), the current owner of Siltronic AG
("Siltronic"), and Siltronic, together with the Joint Global Coordinators
and Joint Bookrunners, set the placement price of the Siltronic shares
offered at EUR 30 per share. The price range was set at EUR 30 to EUR 38 on
May 28, 2015.
A total of 11,000,000 shares are being placed in the context of the
offering. Thereof, 5,000,000 are new shares issued in a capital increase by
Siltronic and 6,000,000 are existing shares from the holdings of WACKER. In
addition, a greenshoe option of 1,650,000 shares is available, also from
the holdings of WACKER.
If this option is fully exercised by the syndicate banks, the total number
of placed shares will increase to 12,650,000. The total proceeds from the
placement stand at approximately EUR 330 million if the greenshoe option is
not exercised or around EUR 380 million if the greenshoe option is fully
exercised.
Siltronic will have a free float of 42.2 percent of its share capital after
the capital increase if the greenshoe option is fully exercised. In this
case, WACKER will retain 57.8 percent of the company's share capital. The
selling shareholder WACKER committed itself not to sell any further
Siltronic shares and not to carry out any capital increase or comparable
capital measures at Siltronic for a period of six months from the first day
of trading without the consent of the Joint Global Coordinators.
Trading of the Siltronic shares is expected to begin on June 11, 2015 on
the regulated market segment (Prime Standard) of the Frankfurt Stock
Exchange under the ticker symbol WAF and the ISIN DE000WAF3001.
10.06.2015 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: Wacker Chemie AG
Hanns-Seidel-Platz 4
81737 München
Germany
Phone: 0049-89-6279-1633
Fax: 0049-89-6279-2933
E-mail: [email protected]
Internet: www.wacker.com
ISIN: DE000WCH8881
WKN: WCH888
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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Chemie , WCH888 , WCH , XETR:WCH