DGAP-Adhoc: JJ Auto AG announces extension of offering period, change of price range and information regarding its dividend policy

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| Source: EQS Group AG
JJ Auto AG  / Key word(s): IPO/Dividend

26.05.2014 19:44

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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JJ Auto AG announces extension of offering period, change of price range
and information regarding its dividend policy

* Offer period is expected to end on June 3, 2014 
* The revised price range is between 6.75 - 7.50 Euros and 28.23 - 31.37
Polish Zloty
* Possible dividend payment already for financial year 2014

Berlin, May 26, 2014 - As mentioned in the securities prospectus, the lead
manager and JJ Auto AG (together with its subsidiaries hereinafter "JJ
Auto"), a dynamically growing manufacturer and supplier of automotive parts
for commercial and heavy-duty vehicles in the Chinese market, announce that
the offering period of its IPO on the Frankfurt Stock Exchange and the
Warsaw Stock Exchange is expected to end on June 3, 2014 at 12:00 p.m. CEST
for retail investors and institutional investors. Originally the offer
period should expire on May 27, 2014. Furthermore, the offer price will be
adjusted. The new price range for the offered shares is between 6.75 and
7.50 Euros, and between 28.23 and 31.37 Polish Zloty in Poland (exchange
rate as of May 15, 2014: 4,1824 PLN per 1 Euro).

Despite being a fast growing company, Management Board and Supervisory
Board of JJ Auto plan to propose a dividend payment from the distributable
profit to be resolved by the shareholders' annual meeting for the current
financial year 2014. As described in more detail in the offering
prospectus, if all conditions are fulfilled, a dividend with pay-out ratio
in the range of 15 per cent could be envisaged.

JJ Auto is currently publicly offering up to 1,777,778 shares in Germany
and Poland in the context of its planned IPO on the Frankfurt Stock
Exchange and the Warsaw Stock Exchange. The offer period started on May 19,
2014.

JJ Auto plans to use the net proceeds from the sale of the shares mainly to
launch self-operated distribution centres, to increase JJ Auto's production
capacities, to build and promote JJ Auto's brand and to enhance its
research and development capacity.

The listing of JJ Auto AG shares in the General Standard of the Frankfurt
Stock Exchange and the Parallel Market of the Warsaw Stock Exchange is
scheduled for June 16, 2014.

A corresponding supplement to the prospectus will be available on the
website of JJ Auto AG.


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Information and Explaination of the Issuer to this News:

For further information, please contact: 

Kirchhoff Consult AG
Dr. Kay Baden
Tel: +49(0) 40 609 186 39
Mail: baden@kirchhoff.de
Or visit http://www.jj-auto.de/en


Disclaimer

This publication constitutes neither an offer to sell nor a solicitation to
buy securities. The offer will be made solely by means of and on the basis
of a securities prospectus, which will be published after approval by the
German Financial Supervisory Authority (BaFin). An investment decision
regarding the publicly offered securities of the issuer should only be made
on basis of the published prospectus.

This document 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. The shares in JJ Auto AG have not
been and will not be registered under the U.S. Securities Act of 1933, as
amended, and are not being and will not be offered or sold in the United
States of America.

This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all such
persons together being referred to as 'qualified persons'). All securities
referred to herein are only available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such securities will
be engaged in only with, qualified persons. Any person who is not a
qualified person should not act or rely on this document or any of its
contents.

The public offer in Poland and Germany will solely be made by means of and
on the basis of a securities prospectus. The securities prospectus will be
available at the Company's website under http://www.jj-auto.de/en and at
the premises of JJ Auto AG, Berlin, and ACON Actienbank AG, Munich.

26.05.2014 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:      JJ Auto AG
              Unter den Linden 14  
              10117  Berlin
              Germany
Phone:        +49 (0)30 72616 8000
Fax:          +49 (0)30 72616 8001
E-mail:       jj-auto@kirchhoff.de
Internet:     www.jj-auto.de  
ISIN:         DE000A1TNS70
WKN:          A1TNS7 
Listed:       Regulierter Markt in Frankfurt (General Standard)
 
Notierung vorgesehen. / Intended to be listed.
 
End of Announcement                             DGAP News-Service
 
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