DGAP-Adhoc: Snowbird AG plans Secondary Listing in Singapore Combined with Capital Increase


Snowbird AG  / Key word(s): Corporate Action/Capital Increase

29.01.2015 19:29

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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Snowbird AG plans Secondary Listing in Singapore Combined with Capital
Increase

Hamburg, 29 January 2015 - Snowbird AG (ISIN: DE000A1PHEL8, Ticker Symbol:
8S9), listed on Frankfurt Stock Exchange since September 2014, plans a
secondary listing on Singapore Stock Exchange. It is envisaged to take
place in the second half of this year. The listing shall be combined with a
capital increase aiming at collecting up to EUR 50 million for further
expansion of the business of Snowbird in China.

Management and Supervisory Board have agreed to pursue the transaction with
all efforts. Details of the transaction structure are however still to be
decided. The transaction is also subject to the fulfillment of further
regulatory and other capital market requirements.


Snowbird AG - one of largest down processing companies worldwide
Snowbird is one of the world's leading down processors and known for high
quality down-filled textiles and for down bedding, down duvets and down
pillows. With its new state of the art production facility, located in
China, Henan Province, the company is able to process down at highest
quality standards in a sustainable and environmental friendly way. Snowbird
operates very profitable along the value chain from down processing to down
clothing and down bedding production. Products are sold under the brands
"Snowbird" or "Xueniao" or produced as white label based on orders from
third parties.

Investor Relations Contact
Please direct all your requests to:
max. Equity Marketing GmbH, Maximilian Fischer, Marienplatz 2, 80331
Munich, Germany
Tel: +49 89 139 28890    E-Mail: ir@snowbird-ag.com

IMPORTANT NOTE - Disclaimer
This publication constitutes neither an offer to sell nor an invitation to
buy securities. The shares in Snowbird AG (the "Shares") may not be offered
or sold in the United States or to or for the account or benefit of "U.S.
persons" (as such term is defined in Regulation S under the U.S. Securities
Act of 1933, as amended (the "Securities Act")). Furthermore, the shares
may not be offered or sold in Japan or to or for the account or benefit of
Japanese citizens.


29.01.2015 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:      Snowbird AG
              c/o HRG Hansische Revisions-Gesellschaft mbH, Ferdinandstr. 25
              20095 Hamburg
              Germany
Phone:        +49 89 139 28890
Fax:          
E-mail:       ir@snowbird-ag.com
Internet:     www.snowbird-ag.com/de
ISIN:         DE000A1PHEL8
WKN:          A1PHEL
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin - Tradegate Exchange, Düsseldorf, Hamburg, München,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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