DGAP-UK-Regulatory: BASF SE: BASF to sell its shares in K+S Aktiengesellschaft

| Source: EQS Group AG EQS Group AG 

BASF SE  / Miscellaneous

10.03.2011 17:47

Dissemination of a UK Regulatory Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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BASF SE intends to place up to around 19.7 million shares of K+S
Aktiengesellschaft (representing 10.3% of the company's share capital) with
institutional investors in an accelerated bookbuilding transaction. With
the expected capital gain from the sale, BASF aims to further optimize its
balance sheet and continue to reduce its debt as previously announced.

The 19.7 million shares will not be or 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 absent registration or an
applicable exemption from the registration requirements of the Securities
Act.



Frau Jennifer Moore-Braun, Phone: +49 621 60-99123,
jennifer.moore-braun@basf.com






10.03.2011 DGAP's 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:            BASF SE
                    Carl-Bosch-Straße 38
                    67056 Ludwigshafen
                    Deutschland
Phone:              +49 (0)621 60-0
Fax:                +49 (0)621 60-4 25 25
E-mail:             info.service@basf.com
Internet:           www.basf.com
ISIN:               DE000BASF111, DE000A0JRFB0, Börse Dublin, Frankfurter
Wertpapierbörse, DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse,
DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0EUB86,
Frankfurter Wertpapierbörse, DE0008846718, Frankfurter Wertpapierbörse,
DE000A0XFK16, Börse Luxemburg, Frankfurter Wertpapierbörse, XS0420401779,
Börse Luxemburg, XS0412154378, Börse Luxemburg, Frankfurter Börse,
DE000A0T4DU7,Börse Luxemburg, Frankfurter Börse, CH0039943292, Swiss Exchange
(SWX), CH0039943383, Swiss Exchange (SWX), DE000A0TKBM, Börse Luxemburg,
Frankfurter Börse, XS0414672070, Börse Luxemburg, , 
Indices:            DAX, EURO STOXX 50
Listed:             Regulierter Markt in Berlin, Düsseldorf, Frankfurt
                    (Prime Standard), Hamburg, Hannover, München,
                    Stuttgart; Terminbörse EUREX; London, SIX
Category Code:      MSC
LSE Ticker:         BFA
Sequence Number:    729
Time of Receipt:    March 10, 2011 17:14:13
 
End of Announcement                             DGAP News-Service
 
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