Vtion Wireless Technology AG / IPO
30.09.2009
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Frankfurt, 30 September 2009. The Vtion Group, one of the three leading
suppliers of wireless data card solutions for mobile computer use in China,
has decided in liaison with the lead manager Sal. Oppenheim jr. & Cie. on a
placement price of EUR 10.75 for the shares offered in the IPO. This means
that the placement price is in the middle of the price range of EUR 9.50 to
EUR 12.00 per share. The placement was multiply oversubscribed at this
price.
A total of 5,175,000 shares were placed in the Vtion Wireless Technology AG
IPO. 4,500,000 of these shares come from a capital increase and 675,000
shares come from the existing shareholders in the context of a greenshoe
option.
The issue volume amounts to about EUR 55.6 million including the greenshoe
option. The company will be receiving net proceeds of about EUR 44.3
million from the placement. The free float will amount to about 32.4 per
cent on the basis of the fully exercised greenshoe option. About 21 per
cent of the issue volume (including greenshoe option) was allocated to
private investors.
The Vtion Wireless Technology AG shares will probably be traded in the
Prime Standard at Frankfurt Stock Exchange from 1. October 2009 onwards
with the ISIN DE000CHEN993.
Disclaimer
This publication is not an offer of any Vtion Wireless Technology
securities for sale or a solicitation of an offer to purchase any such
securities. The shares have already been sold.
This document is not an offer of securities for sale or a solicitation of
an offer to purchase securities in the United States. The shares of Vtion
Wireless Technology AG (the 'Shares') have not been 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 unless registered under the
Securities Act or pursuant to an exemption from such registration. There
will be no public offering of the Shares in the United States and the
Shares will not be registered under the Securities Act.
This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all such
persons together being referred to as 'relevant persons'). The Shares are
only available to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or
rely on this document or any of its contents.
Contact:
Kirchhoff Consult AG
Janina Wismar
T +49 40 60 91 86 50
F +49 40 60 91 86 16
E Janina.Wismar@kirchhoff.de
30.09.2009 |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]
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Language: English
Company: Vtion Wireless Technology AG
Westhafen Plaza 1
60327 Frankfurt
Deutschland
Phone: +49 69 710 456 245
Fax: +49 69 710 456 248
E-mail: ir@vtion.de;janina.wismar@kirchhoff.de
Internet: www.vtion.de
ISIN: DE000CHEN993
WKN: CHEN99
Listed: Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen; designated to be listed
End of News DGAP News-Service
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DGAP-Adhoc: Vtion Wireless Technology AG: Placement price for Vtion Wireless Technology shares is EUR 10.75
| Source: EQS Group AG