DGAP-Adhoc: IPO of Sixt Leasing AG: Issue price is EUR 20.00 per share and therefore in the upper half of the price range


Sixt SE  / Key word(s): IPO

07.05.2015 00:30

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 DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE
UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN
WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

IPO of Sixt Leasing AG: Issue price is EUR 20.00 per share and therefore in
the upper half of the price range

Pullach, 6 May 2015 - Sixt SE, the syndicate banks and Sixt Leasing AG
("Sixt Leasing"), a 100% subsidiary of the international mobility service
provider Sixt SE, jointly fixed the issue price for the offered shares of
Sixt Leasing at EUR 20.00 per share. Therefore, the issue price is within
the upper half of the price range of EUR 17.90 to EUR 21.30 per share. The
offer was multiple times oversubscribed at the issue price.

In total 12,366,955 shares of Sixt Leasing were placed, of which 5,586,593
were new shares from a cash capital increase of Sixt Leasing, 5,167,281
shares from the holdings of Sixt SE and 1,613,081 additional shares from
the holdings of Sixt SE in connection with an over-allotment
("Over-Allotment Shares"). The gross proceeds generated from placement of
shares held by Sixt SE amounts to around EUR 103.3 million and net proceeds
to around EUR 98.7 million (or around EUR 135.6 million in gross proceeds
and around EUR 130.6 million in net proceeds in case the greenshoe option
in respect of the Over-Allotment Shares granted to the syndicate banks is
fully exercised). As already announced earlier and subject to the full
exercise of the greenshoe option in respect of the Over-Allotment Shares,
Sixt SE reduced its holdings in Sixt Leasing as part of the IPO to around
40%.

The shares of Sixt Leasing are expected to be traded as of 7 May 2015 on
the regulated market (Prime Standard) of the Frankfurt stock exchange and
will have the ticker symbol LNSX, the German Securities Identification
Number (WKN) A0DPRE and the International Securities Identification Number
(ISIN) DE000A0DPRE6.

Berenberg and COMMERZBANK acted as Joint Global Coordinators and Joint
Bookrunners, Baader Bank as further Joint Bookrunner.

Contact:
Sixt SE
Frank Elsner 
Sixt Central Press Office
Tel.: +49 - 89 - 99 24 96 30
Fax: +49 - 89 - 99 24 96 32
Mail: pressrelations@sixt.com 

These materials may not be published, distributed or transmitted in the
United States, Canada, Australia or Japan. These materials do not
constitute an offer of securities for sale or a solicitation of an offer to
purchase securities (the "Shares") of Sixt Leasing AG (the "Company") in
the United States, Germany or any other jurisdiction. The Shares of the
Company may not be offered or sold in the United States absent registration
or an exemption from registration under the U.S. Securities Act of 1933, as
amended (the "Securities Act"). The Shares of the Company have not been,
and will not be, registered under the Securities Act. Any sale in the
United States of the securities mentioned in this communication will be
made solely to "qualified institutional buyers" as defined in, and in
reliance on, Rule 144A under the Securities Act.

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.

This publication constitutes neither an offer to sell nor a solicitation to
buy any securities. The securities have already been sold.
 


07.05.2015 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:      Sixt SE
              Zugspitzstraße 1
              82049 Pullach
              Germany
Phone:        +49 (0)89 74444-5104
Fax:          +49 (0)89 74444-85104
E-mail:       investorrelations@sixt.com
Internet:     http://se.sixt.de
ISIN:         DE0007231326, DE0007231334 Sixt Vorzüge, DE000A1K0656 Sixt
              Namensaktien, DE000A1E8V89 Sixt-Anleihe 2010/2016,
              DE000A1PGPF8 Sixt-Anleihe 2012/2018, DE000A11QGR9
              Sixt-Anleihe 2014/2020
WKN:          723132
Indices:      SDAX
Listed:       Regulated Market in Frankfurt, Munich; Regulated Unofficial
              Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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