KION GROUP AG / Key word(s): IPO
26.06.2013 19:30
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS NOT TO BE DISTRIBUTED OR
PUBLISHED IN OR FORWARDED TO THE UNITED STATES OF AMERICA, CANADA,
AUSTRALIA, SOUTH AFRICA, HONG KONG OR JAPAN.
Today KION GROUP AG, after consultation with the underwriters, has set the
issue price for the shares offered in the IPO at EUR 24.00 per share. The
issue price places the shares within the price range of EUR 24.00 to EUR
30.00 per share. The offering was significantly oversubscribed.
KION GROUP AG issued 17.23 million shares at the issue price, generating
direct proceeds of around EUR 404.1 million (after deduction of
underwriters' commissions). In addition, 2.58 million shares from the
holdings of Superlift Holding S.Ã r.l., Luxembourg were placed as part of
the over-allotment option. The share capital of the company amounts to EUR
98,900,000 divided into 98,900,000 shares after the implementation of the
capital increases in connection with the offering. If the underwriters
exercise their greenshoe option in full, the free float will be 20.0 per
cent. 97.7 per cent of the shares in the offering were allocated to
institutional investors and 2.3 per cent to private investors, in
compliance with the Principles for the Allotment of Share Issues to Private
Investors issued by the Exchange Experts Commission (BSK) at the German
Federal Ministry of Finance.
Trading in KION GROUP AG shares on the regulated market (Prime Standard) of
the Frankfurt Stock Exchange is scheduled to commence on 28 June 2013.
Additional information:
Admission: Regulated market / Prime Standard, Frankfurt Stock Exchange;
Registered office: Germany
ISIN: DE000KGX8881
WKN: KGX888
KION GROUP AG
Abraham-Lincoln-StraÃe 21
65189 Wiesbaden
Germany
Media Relations Contact:
Michael Hauger
Head of Corporate Communications
Phone +49 (0) 611.770-655
michael.hauger@kiongroup.com
Frank Brandmaier
Head of Corporate Media Relations,
Phone +49 (0) 611.770-752
frank.brandmaier@kiongroup.com
Investor Relations Contact:
Frank Herzog
Head of Corporate Finance
Phone +49 (0) 611.770-303
frank.herzog@kiongroup,com
Silke Glitza
Head of Investor Relations and M&A
Phone +49 (0) 611.770-450
silke.glitza@kiongroup.com
Disclaimer
This ad-hoc-announcement and the information contained herein are for
information purposes only and do not constitute a prospectus or an offer to
sell or a solicitation of an offer to buy any securities in the United
States or in any other jurisdiction.
Any securities referred to herein have not been and will not be 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
pursuant to an available exemption from registration under the Securities
Act. Neither KION GROUP AG nor its current shareholders intend to register
any securities referred to herein in the United States.
The securities referred to herein may not be offered or sold in Australia,
Canada, Hong Kong, South Africa or Japan or to, or for the account or
benefit of, any national, resident or citizen of Australia, Canada, Hong
Kong, South Africa or Japan, except as permitted under the applicable
securities laws of such jurisdictions pursuant to registration with or
authorization by the relevant securities regulatory authorities or an
exemption therefrom.
Any potential offer will be made exclusively through and on the basis of a
published prospectus.
26.06.2013 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: KION GROUP AG
Abraham-Lincoln-Str. 21
65189 Wiesbaden
Germany
Phone: +49 (0)611 770-0
Fax: +49 (0)611 770-690
E-mail: info@kiongroup.com
Internet: www.kiongroup.com
ISIN: DE000KGX8881
WKN: KGX888
Listed: Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / intended to be listed
End of Announcement DGAP News-Service
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DGAP-Adhoc: KION GROUP AG has set the issue price at EUR 24.00 per share
| Source: EQS Group AG