Commerzbank AG / Capital Increase
08.09.2008
Release of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Commerzbank issues 65.4 m shares totalling over EUR 1.1 bn
Placement price EUR 17.00 per share
Share offer five times oversubscribed
Commerzbank AG has today raised EUR 1.1 billion from a placement of new
shares. The maximum number of 65,384,615 new shares has been placed with
German and international institutional investors by means of an accelerated
book-building offering. Credit Suisse, JP Morgan, Morgan Stanley and
Commerzbank act as Joint Bookrunners for the transaction. The placement
price is EUR 17.00 per share. The new shares bear full dividend entitlement
for the financial year 2008.
The capital increase was decided upon by the Board of Managing Directors of
Commerzbank with the approval of the Supervisory Board on 31 August 2008.
Following the capital increase, the number of shares issued amounts to
722,553,156 shares (+ 10 %). The proceeds are to partially finance the
acquisition of Dresdner Bank AG.
***
For the period of 90 days following the settlement date, the bank will not
issue additional shares without the consent of the Joint Bookrunners. This
release does not constitute an offer to sell or a solicitation of an offer
to buy shares of Commerzbank. Shares of Commerzbank 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.
Commerzbank does not intend to conduct a public offering of shares in the
United States.
DGAP 08.09.2008
---------------------------------------------------------------------------
Language: English
Issuer: Commerzbank AG
Kaiserplatz
60261 Frankfurt am Main
Deutschland
Phone: +49 (069) 136 20
Fax: -
E-mail: ir@commerzbank.com
Internet: www.commerzbank.de
ISIN: DE0008032004
Indices: DAX, CDAX, HDAX, PRIMEALL
Listed: Regulierter Markt in Berlin, Frankfurt (Prime
Standard), Hannover, München, Hamburg, Düsseldorf,
Stuttgart; Terminbörse EUREX; Foreign Exchange(s)
London, SWX
Category Code: IOE
LSE Ticker: CXB
Sequence Number: 16
Time of Receipt: Sep 08, 2008 15:06:36
End of News DGAP News-Service
---------------------------------------------------------------------------
DGAP-UK-Regulatory: Commerzbank issues 65.4 m shares totalling over EUR 1.1 bn
| Source: EQS Group AG