DGAP-Adhoc: Drillisch AG: Placement of treasury shares successfully completed - Gross proceed of EUR


Drillisch AG  / Key word(s): Transaction in Own Shares

24.11.2014 21:38

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan or any other jurisdiction in which offers or
sales would be prohibited by applicable laws

Placement of treasury shares successfully completed - Gross proceed of EUR
142.7 million

Maintal, 24 November 2014 - The private placement of the 5,189,015 treasury
shares of the company (representing about 9.76% of the share capital)
resolved by the management board with the approval of the supervisory board
on 24 November 2014 has been fully and successfully completed today. The
shares have been offered for sale and have been placed with institutional
investors by means of an accelerated book building at a price of EUR 27.50
per share. The company receives gross proceeds from the placement in an
amount of approximately EUR 142.7 million. By the placement of its treasury
shares, Drillisch AG increases its financial flexibility in relation to
general corporate purposes as well as in relation to business acquisitions.

Berenberg has acted as sole global coordinator in the course of the
aforementioned transaction

This publication may not be published, distributed or transmitted, directly
or indirectly, in the United States (including its territories and
possessions), Canada, Australia or Japan or any other jurisdiction where
such an announcement would be unlawful. The distribution of this
announcement may be restricted by law in certain jurisdictions and persons
into whose possession this document or other information referred to herein
should inform themselves about and observe any such restriction. Any
failure to comply with these restrictions may constitute a violation of the
securities laws of any such jurisdiction.

This publication does not constitute or form part of an offer of securities
for sale or solicitation of an offer to purchase securities of Drillisch AG
in the United States, Germany or any other jurisdiction. Neither this
announcement nor anything contained herein shall form the basis of, or be
relied upon in connection with, any offer or commitment whatsoever in any
jurisdiction. The securities of Drillisch AG may not be offered or sold in
the United States absent an applicable exemption from registration under
the U.S. Securities Act of 1933, as amended (the "Securities Act") or in a
transaction not subject to the registration requirements of the Securities
Act. The securities of Drillisch AG have not been, and will not be,
registered under the Securities Act. There will be no public offering of
securities of Drillisch AG in the United States.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations, etc.) (all such persons together
being referred to as "Relevant Persons"). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.

In member states of the European Economic Area ("EEA") which have
implemented the Prospectus Directive (each, a "Relevant Member State"),
this announcement and any offer if made subsequently is directed
exclusively at persons who are "qualified investors" within the meaning of
the Prospectus Directive ("Qualified Investors"). For these purposes, the
expression "Prospectus Directive" means Directive 2003/71/EC (and
amendments thereto, including the 2010 PD Amending Directive, to the extent
implemented in a Relevant Member State), and includes any relevant
implementing measure in the Relevant Member State and the expression "2010
PD Amending Directive" means Directive 2010/73/EU.

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where
action for that purpose is required. Persons into whose possession this
announcement comes are required to inform themselves about and to observe
any such restrictions.

In connection with any offering of the shares of Drillisch AG (the
"Shares"), Joh. Berenberg, Gossler & Co. KG ("Berenberg") and any of its
respective affiliates acting as an investor for its own account may take up
as a proprietary position any Shares and in that capacity may retain,
purchase or sell for its own account such Shares. In addition Berenberg or
its affiliates may enter into financing arrangements and swaps with
investors in connection with which Berenberg (or its affiliates) may from
time to time acquire, hold or dispose of Shares. Berenberg does not intend
to disclose the extent of any such investment or transactions otherwise
than in accordance with any legal or regulatory obligation to do so.

Berenberg is acting on behalf of Drillisch AG and no one else in connection
with any offering of the Shares and will not be responsible to any other
person for providing the protections afforded to its clients nor for
providing advice in relation to any offering of the Shares.




Contact:


Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de


24.11.2014 The DGAP 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:      Drillisch AG
              Wilhelm-Röntgen-Straße 1-5
              63477 Maintal
              Germany
Phone:        +49 (0)6181 412 218
Fax:          +49 (0)6181 412 183
E-mail:       ir@drillisch.de
Internet:     www.drillisch.de
ISIN:         DE0005545503
WKN:          554550
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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