DGAP-News: CAT. Holding (Cyprus) Limited / Key word(s): Investment CAT. Holding (Cyprus) Ltd. announces intention to sell part of its shareholding in C.A.T. oil AG 10.12.2013 / 18:53 --------------------------------------------------------------------- Not for publication or distribution in the United States of America, Canada, Australia or Japan CAT. Holding (Cyprus) Ltd. announces intention to sell part of its shareholding in C.A.T. oil AG 10 December 2013, Vienna - Today CAT. Holding (Cyprus) Ltd. ('CAT. Holding'), a holding company held indirectly by Anna Brinkmann and Walter Höft, announces its intention to sell up to 6.0 million C.A.T. oil AG ('C.A.T. oil') ordinary shares, equivalent to up to 12% of the share capital of C.A.T. oil (the 'Placement'). Prior to the Placement, CAT. Holding holds 60% of the share capital of C.A.T. oil. The Placement is expected to increase C.A.T. oil's free float to up to 41% and increase liquidity in the shares. CAT. Holding has declared its strong commitment to supporting C.A.T. oil's growth plans and remains committed to enlarging and extending its existing EUR 100 million credit line as previously stated in the capex investment plan. Subject to customary exceptions, CAT. Holding and Anna Brinkmann individually have agreed with Goldman Sachs International and J.P. Morgan Securities plc (together the 'Bookrunners') that they will not, for a period of at least 180 days following completion of the Placement, make any further disposals from its remaining holding in C.A.T. oil without the consent of the Bookrunners. Simultaneously, C.A.T. oil has also agreed to a 180-day lock up under the same conditions. A further announcement with details on pricing will be made as soon as possible following completion of the Placement. The Placement will be effected through a private placement to institutional investors on CAT. Holding's behalf by the Bookrunners. The offer price will be agreed by CAT. Holding and the Bookrunners following a bookbuilding process, which starts immediately. The information contained in this message is not for publication or distribution in the United States of America, Canada, Australia or Japan and does not constitute an offer of securities for sale in any of these jurisdictions. Neither this message nor the information contained in it may be taken, transmitted or distributed directly or indirectly into the United States of America. This message is not an offer of securities for sale in the United States of America. Securities 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. If there would be a public offering of securities in the United States of America, it must be made by means of a prospectus that would be obtainable from the issuer or selling security holder and that would contain detailed information about the company and management, as well as financial statements. Press contact: FTI Consulting Carolin Amann Phone.: +49 (0)69 92037-132 Email: carolin.amann@fticonsulting.com End of Corporate News --------------------------------------------------------------------- 10.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 244109 10.12.2013
DGAP-News: CAT. Holding (Cyprus) Ltd. announces intention to sell part of its shareholding in C.A.T. oil AG
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