Asian Bamboo AG / Capital Increase
17.06.2010 12:28
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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Release of an Ad hoc announcement according to Sec. 15 German Securities
Trading Act (WpHG) / Capital Increase - Not for release, publication or
distribution in the United States, Canada, Japan and Australia
Asian Bamboo AG announces the completion of the private placement raising
EUR 43.4 million for the Company
Hamburg, 17 June 2010, with reference to the Company's ad hoc announcement
of 16 June 2010. Asian Bamboo AG ('Asian Bamboo', the 'Company') today
successfully completed the private placement of 2,400,000 shares. The
shares were allocated to institutional shareholders at a price of EUR 31
per share by way of an accelerated bookbuilding process.
The private placement will provide Asian Bamboo with gross proceeds of EUR
43.4 million, to be used to partially finance leases of 10,733 ha of bamboo
plantation. The Company has resolved a capital increase out of its
authorised capital and will issue 1,400,000 new ordinary bearer shares with
a pro-rated amount in the share capital of EUR 1.00 each, which will
increase the Company's share capital from EUR 14,025,000 to EUR 15,425,000.
The pre-emptive rights of the existing shareholders were excluded in the
capital increase.
As a result of the private placement, Green Resources' shareholding in
Asian Bamboo has decreased to 5,760,700 shares. Once the capital increase
is completed, the total number of outstanding shares will increase to
15,295,100 (excluding treasury shares). Consequently, Green Resources'
ownership of the Company will decrease from 48.7% to 37.7%, which means
that the free float will increase from 51.3% to 62.3%.
Asian Bamboo AG
The Management Board
Additional information:
ISIN: DE000A0M6M79
Securities Identification No. (WKN): A0M6M7
Ticker Symbol: 5AB (ADR ticker symbol 'ASIBY')
Listing: Regulated Market / Prime Standard at Frankfurt Stock Exchange
Registered office of the company: Germany
Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to
buy shares of Asian Bamboo AG. 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 Asian
Bamboo 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 persons
who (i) are outside the United Kingdom or (ii) are investment professionals
falling within Article 19(5) or persons falling within Article 49(2)(a) to
(d) of the Financial Services and Markets Act 2000 (Financial Promotion)
(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. This announcement is directed only at relevant
persons and must not be acted on or relied on by persons who are not
relevant persons.
This document has been delivered to you on the basis that you are a person
into whose possession this document may be lawfully delivered in accordance
with the laws of the jurisdiction in which you are located and you may not
deliver this document to any other person and you agree not to copy or
retransmit this document or its contents. In particular, this document may
not be forwarded or retransmitted to any person located in the United
States, Canada, Japan or Australia.
For enquiries, please contact:
Asian Bamboo AG:
Peter Sjovall +852 9385 3868
Chief Financial Officer
Anja Holst +49 40 37644 798
Investor Relations Manager
17.06.2010 12:28 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|]
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Language: English
Company: Asian Bamboo AG
Stadthausbrücke 1-3
20355 Hamburg
Deutschland
Phone: +49 40 37644 798
Fax: +49 40 37644 500
E-mail: info@asian-bamboo.de
Internet: www.asian-bamboo.de
ISIN: DE000A0M6M79, DE000A0M6M79
WKN: A0M6M7, A0M6M7
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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DGAP-Adhoc: Asian Bamboo AG announces the completion of the private placement raising
| Source: EQS Group AG