DGAP-Adhoc: HOCHTIEF Aktiengesellschaft: IPO of HOCHTIEF Concessions planned

HOCHTIEF Aktiengesellschaft / IPO

04.11.2009 

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

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HOCHTIEF Aktiengesellschaft strives for a stock market floatation of its
subsidiary HOCHTIEF Concessions AG. This decision was taken by the HOCHTIEF
Executive Board at its meeting today. Provided that a suitable capital
market environment exists, the first-time listing in the Regulated Market
(Prime Standard) of the Frankfurt Stock Exchange is to take place before
the end of 2009. With the transaction, the Group wants to open up the
capital market for the further growth of HOCHTIEF Concessions. In addition,
the development of the concessions business's value is to be made more
transparent for the capital market. Plans within the framework of the
envisaged IPO of HOCHTIEF Concessions also include issuing new shares and
thus making a capital increase. The proceeds shall above all serve to
finance HOCHTIEF Concessions' further growth. HOCHTIEF Aktiengesellschaft
continues to regard the concessions business as an integral element of the
Group and intends to also continue to hold a majority share in the event of
a stock market listing.

Notes: These materials are not an offer of securities for sale in any
jurisdiction, including any jurisdiction of the United States.  Securities
may not be offered or sold in the United States absent registration or
pursuant to an available exemption from registration under the U.S.
Securities Act. HOCHTIEF Aktiengesellschaft and HOCHTIEF Concessions AG do
not intend to conduct a public offering of securities in the United States.
The offering of securities HOCHTIEF Concessions AG described in this
document has not been and will not be registered pursuant to the U.S.
Securities Act, and accordingly, any offer or sale of these securities in
the United States may be made only in a transaction exempt from
registration under the Securities Act.
This document does not constitute an offer of securities to the public in
the United Kingdom. This announcement is directed only at persons (i) who
are outside the United Kingdom or (ii) who have professional experience in
matters relating to investments falling within article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005
(as amended) (the 'Order') or (iii) who fall within article 49(2)(a) to (d)
('high net worth companies, unincorporated associations etc.') of the Order
(all such persons together being referred to as 'Relevant Persons'). Any
person who is not a Relevant Person must not act or rely on this
communication or any of its contents. Any investment or investment activity
to which this communication relates is available only to Relevant Persons
and will be engaged in only with Relevant Persons.
Cautionary note regarding forward-looking statement: This document contains
forward-looking statements. These statements are based on the current
views, expectations and assumptions of the management of HOCHTIEF
Concessions AG and involve known and unknown risks and uncertainties that
could cause actual results, performance or events to differ materially from
those expressed or implied in such statements. Actual results, performance
or events may differ materially from those described in such statements due
to, among other things, changes in the general economic and competitive
environment, risks associated with capital markets, currency exchange rate
fluctuations and competition from other companies, changes in international
and national laws and regulations, in particular with respect to tax laws
and regulations, affecting HOCHTIEF Concessions AG, and other factors.
HOCHTIEF Concessions AG does not assume any obligations to update any
forward-looking statements.


Contact:
elmar.sauter@hochtief.de




04.11.2009  |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]

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Language:     English
Company:      HOCHTIEF Aktiengesellschaft
              Opernplatz 2
              45128 Essen
              Deutschland
Phone:        +49 (0)201 824-1833
Fax:          +49 (0)201 824-2750
E-mail:       investor-relations@hochtief.de
Internet:     www.hochtief.de
ISIN:         DE0006070006
WKN:          607000
Indices:      MDAX
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              München, Düsseldorf, Hamburg; Freiverkehr in Hannover,
              Stuttgart; Terminbörse EUREX
 
End of News                                     DGAP News-Service
 
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