29.05.2015 Siltronic AG  DE000WAF3001

DGAP-News: Siltronic AG: Siltronic AG publishes prospectus


 
DGAP-News: Siltronic AG / Key word(s): IPO/Capital Increase Siltronic AG: Siltronic AG publishes prospectus 29.05.2015 / 12:44 --------------------------------------------------------------------- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN. Press Release Siltronic AG Hanns-Seidel-Platz 4 81737 München www.siltronic.com Siltronic AG publishes prospectus - Price range set at EUR 30 to EUR 38 per share - Offering comprises up to 11,000,000 shares, plus an over-allotment option of up to 1,650,000 shares, and represents up to 42.2 percent of the share capital - Subscription period begins on 1 June 2015 and is expected to end on 10 June 2015 - First listing on the regulated market segment (Prime Standard) of the Frankfurt Stock Exchange planned for 11 June 2015 - Prospectus published today on the company website Munich, 29 May 2015 - Siltronic AG ("Siltronic") and the company's current owner, the WACKER Group ("WACKER"), in cooperation with Citi and Credit Suisse as Joint Global Coordinators and Joint Bookrunners, have set the price range for the planned initial public offering ("IPO") of Siltronic at EUR 30 to EUR 38 per share. The final offer price will be determined on the basis of a bookbuilding process. Trading of the Siltronic shares under the ticker symbol WAF and the ISIN DE000WAF3001 is set to begin on the regulated market segment (Prime Standard) of the Frankfurt Stock Exchange on Thursday 11 June 2015. The shares will be offered publicly in Germany and Luxembourg to private and institutional investors. Outside of these countries, shares will be offered for subscription by way of private placements. "Siltronic is excellently positioned in an attractive market environment," underlined Dr Christoph von Plotho, CEO of Siltronic AG. "Comprehensive initiatives undertaken in recent years have paid dividends. We have thoroughly prepared Siltronic for its independence and are ideally placed for the planned IPO and a successful, independent future." The offer will comprise a maximum of 12,650,000 shares. Thereof, up to 5,000,000 shares will be new shares issued in a capital increase by Siltronic, 6,000,000 shares will be existing shares from the holdings of WACKER, and up to 1,650,000 shares will be existing shares relating to a possible over-allotment, also from the holdings of WACKER. If all shares from the offering are placed (including the over-allotment), Siltronic will have a free float of 42.2 percent of its share capital after the capital increase. In this case, WACKER will retain approximately 57.8 percent of the share capital after the transaction is complete (or 63.3 percent in case the over-allotment option is not exercised). Siltronic plans to issue a number of new shares in the IPO that will generate gross proceeds of approximately EUR 150.0m. Based on such target for gross proceeds from the issue of new shares and depending on the placement price within the price range, the placement volume will be between approximately EUR 330.0m and approximately EUR 378.0m (without over-allotment) or between approximately EUR 379.5m and EUR 434.7m (if the over-allotment option is fully exercised). The Management Roadshow to market the shares begins today and is expected to end on Wednesday 10 June 2015. The subscription period will begin on Monday 1 June 2015 and is also expected to end on Wednesday 10 June 2015. Siltronic, the world's third largest producer of hyperpure silicon wafers for the semiconductor industry, has further increased its competitiveness in recent years. The company has expanded its market share to a current level of 14 percent (in revenue terms, source: Gartner). Through a stringent cost reduction roadmap, Siltronic succeeded in reducing its costs by over EUR 80.0m in 2013 compared to the previous year. In 2014, further savings of some EUR 55.0m compared to 2013 were achieved. In the past five years alone, Siltronic managed to almost double productivity in its 300 mm wafer production in Germany (based on wafer surface produced per working hour), while cutting variable production costs by over 40 percent. Three of Siltronic's previous seven production sites were closed down over the past ten years. Siltronic intends to use net proceeds from the IPO to refinance its debt and to strengthen its existing net cash position. The net proceeds can also be used for general corporate purposes such as, for example, investment in improving Siltronic's technological capabilities and optimising its production processes. Detailed information on the offering is contained in the Siltronic prospectus, which has been approved by the German Federal Financial Supervisory Authority (BaFin) and is now available in the Investor Relations section of the company website at www.siltronic.com. Further information is available from: Siltronic press contact: Nicholas Wenzel Tel.: +49 (0)89 599 458 115 Email: [email protected] Siltronic Investor Relations contact: Judith Distelrath Tel.: +49 (0)89 8564 3133 Email: [email protected] Company profile: Siltronic is the world's third largest producer of hyperpure silicon wafers and a partner to many top-tier chip manufacturers. The company operates production facilities in Europe, Asia and the USA. Siltronic develops and manufactures wafers with diameters of up to 300 mm. Silicon wafers form the basis of the modern micro and nanoelectronics. They are used, for instance, in computers, smartphones, flat-panel displays, navigation systems, automotive engine control systems and many other applications. This press release contains statements related to our future business and financial performance and future events or developments involving Siltronic that may constitute forward-looking statements. These statements may be identified by words such as "expect," "look forward to," "anticipate" "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of WACKER's and Siltronic's management, of which many are beyond our control. These are subject to a number of risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of Siltronic may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Neither Siltronic or Wacker intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This announcement is not and does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities in the United States of America, Germany or any other jurisdiction. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Any public offering of securities to be made in the United States of America would be made by means of a prospectus that could be obtained from Siltronic AG and that would contain detailed information about the company and management, as well as financial statements. There will be no public offer of the securities in the United States of America. This press release is not a prospectus. Investors should not purchase or subscribe for any shares referred to in this press release except on the basis of information in the prospectus to be issued by the company in connection with the offering of such shares. Copies of the prospectus will, following approval of the German Financial Supervisory Authority (BaFin) and publication, be available free of charge from Siltronic AG or on www.siltronic.com. This press release is directed at and/or for distribution in the United Kingdom only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons are referred to herein as "relevant persons"). Any person who is not a relevant person should not act or rely on this [document/annoucement] or any of its contents. Any investment or investment activity to which this press release relates is available only to relevant persons and will be engaged in only with relevant persons. --------------------------------------------------------------------- 29.05.2015 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 --------------------------------------------------------------------- Language: English Company: Siltronic AG Hanns-Seidel-Platz 4 81737 Munich Germany Phone: +49 89 8564 3133 Fax: +49 89 8564 3906 E-mail: [email protected] Internet: www.siltronic.com ISIN: DE000WAF3001 WKN: WAF300 Listed: Regulated Market in Frankfurt (Prime Standard) Notierung vorgesehen / intended to be listed (Prime Standard, Frankfurt) End of News DGAP News-Service --------------------------------------------------------------------- 363219 29.05.2015


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 1.177,30 1.456,70 1.270,40 1.207,00 1.405,40 1.805,30 1.513,80
EBITDA1,2 353,10 589,30 408,70 332,00 466,40 671,60 433,90
EBITDA-Marge3 29,99 40,45 32,17 27,51 33,19 37,20
EBIT1,4 235,70 497,70 298,30 192,20 316,90 495,60 231,10
EBIT-Marge5 20,02 34,17 23,48 15,92 22,55 27,45 15,27
Jahresüberschuss1 192,20 400,60 261,00 186,80 289,60 434,40 201,30
Netto-Marge6 16,33 27,50 20,54 15,48 20,61 24,06 13,30
Cashflow1,7 298,90 651,90 385,30 236,70 501,10 804,50 -487,90
Ergebnis je Aktie8 6,18 12,44 7,52 5,36 8,44 13,02 6,15
Dividende8 2,50 5,00 3,00 2,00 3,00 3,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Siltronic
WKN Kurs in € Einschätzung Börsenwert in Mio. €
WAF300 84,600 Halten 2.538,00
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,81 14,46 1,10 13,28
KBV KCV KUV EV/EBITDA
1,36 5,20 1,68 7,11
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
3,00 1,20 1,42 13.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
02.05.2024 25.07.2024 24.10.2024 12.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-3,48% 3,96% -4,35% 31,37%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Siltronic AG  ISIN: DE000WAF3001 können Sie bei EQS abrufen


Halbleiter , WAF300 , WAF , XETR:WAF