DGAP-News: CAT. Holding (Cyprus) Ltd. announces proceeds from sell of part of its stake in C.A.T. oil AG

        Print
| Source: EQS Group AG
DGAP-News: CAT. Holding (Cyprus) Limited / Key word(s): Investment
CAT. Holding (Cyprus) Ltd. announces proceeds from sell of part of its
stake in C.A.T. oil AG

11.12.2013 / 09:37

---------------------------------------------------------------------

Not for publication or distribution in the United States of America,
Canada, Australia or Japan


CAT. Holding (Cyprus) Ltd. announces proceeds from sell of part of its
stake in C.A.T. oil AG

11 December 2013, Vienna - Today CAT. Holding (Cyprus) Ltd. ('CAT.
Holding'), a holding company held indirectly by Anna Brinkmann and Walter
Höft, announces pricing of EUR 18.00 per share, raising proceeds of EUR
108.0 million through the sale of 6.0 million ordinary shares in C.A.T. oil
AG ('C.A.T. oil') (the 'Placement'). The partial disposal consisted of a
private placement to institutional investors.

The Placement will increase C.A.T. oil's free float 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 in accordance with
earlier statements. CAT. Holding remains fully committed to C.A.T. oil as
the majority shareholder.

Following completion of the Placement, CAT. Holding's remaining stake will
comprise 23.3 million C.A.T. oil ordinary shares, equivalent to 48% of its
ordinary share capital.

Goldman Sachs International and J.P. Morgan Securities plc acted as Joint
Bookrunners on behalf of CAT. Holding on the Placement.


The information contained in this message is not for publication or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

---------------------------------------------------------------------

11.12.2013 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

---------------------------------------------------------------------


244198 11.12.2013