DGAP-Adhoc: Ultrasonic AG: Capital increase after partial execution of Greenshoe Option

Ultrasonic AG  / Key word(s): Capital Increase/IPO

13.01.2012 10:45

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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- 55,000 of 100,000 Ultrasonic shares placed by overallotment during the
IPO covered by share capital increase from authorized capital

- Total IPO placement volume accordingly amounting to 5.9 million Euro

Cologne, 13 January 2012 - Ultrasonic AG, the German holding of an
established Chinese manufacturer and provider of high quality branded urban
footwear, announces that the stabilization managers for the IPO of
Ultrasonic AG, BankM - Repräsentanz der biw Bank für Investments und
Wertpapiere AG and biw Bank für Investments und Wertpapiere AG (together
'BankM - biw AG') partially exercised the Greenshoe option, which was
granted in the IPO, to acquire up to 100,000 shares in Ultrasonic AG at the
placement price of 9.00 Euro. 55,000 of those 100,000 available shares,
which were placed by overallotment during the IPO, will remain in the
market. The management board of Ultrasonic AG today resolved with the
approval of the company's supervisory board to issue 55,000 new shares to
BankM -biw AG from authorized capital in order to redeem the securities
loan, on which the overallotment was based. As a result, Ultrasonic's
current share capital of 10,600,000 shares (10,600,000 Euro) will increase
by 55,000 shares and - after the registration of the shares - will consist
of 10,655,000 shares (10,655,000 Euro).

The free float after the partial exercise of the Greenshoe option and the
registration of the capital increase will approximately be 23.0 per cent.





Contact:
Chi Kwong Clifford Chan
Member of the Management Board and CFO
Email: clifford.chan@suoli.cc
Phone +86 1525 947 9902 (China)
Phone +852 966 227 40 (Hong Kong)


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Information and Explaination of the Issuer to this News:

BankM - biw AG was Sole Lead Manager, Bookrunner and the stabilisation
manager in Ultrasonic's IPO. The stabilisation period ended on 8 January
2012. Stabilisation measures were taken on 9 December 2011 in a price range
between 8.30 and 9.00 Euro and on 12 December 2011 in a price range between
7.815 and 8.10 Euro.

About Ultrasonic

The Cologne based Ultrasonic AG is the German holding of the Chinese
Ultrasonic-Group, an established manufacturer and provider of high quality
branded urban footwear. With almost 1,400 employees the group operates in
three market segments, each of which contributing about a third to the
group's revenue. Ultrasonic produces sandals and slippers for the upper
price segment and is a long-term supplier of shoe soles for leading
manufacturers of the booming Chinese sport shoe industry such as Anta, Xtep
and Unisuper. Moreover, the company has successfully established an own
'Urban Footwear' collection which is marketed under the brand ULTRASONIC
and specifically designed to the needs and taste of the growing urban
middle class. Ultrasonic's branded urban footwear collection is currently
marketed in 84 Ultrasonic mono-labelled shops, that realize selling prices
in a range from 400 to 1,200 RMB per pair, which is equivalent to approx.
50 to 140 Euro. Within the last three years Ultrasonic's business had a
compounded annual growth rate of more than 40 percent. In FY2010, the
company generated a total revenue of more than 100 million Euro and
achieved a net profit of approximately 22 million Euro.

For further information about the company visit: www.ultrasonic-ag.de

Disclaimer:

This publication is not an offer of any securities for sale or a
solicitation of an offer to purchase any securities. The shares have been
offered in Germany and Austria exclusively through and on basis of the
prospectus issued 28 November 2011. The prospectus is available on the
website of Ultrasonic AG at www.ultrasonic-ag.de.

This document is no offer for the purchase of securities in the United
States of America. Securities may only be sold or offered for sale with the
previous registration under the U.S. Securities Act of 1933 in the actual
valid version or without previous registration only pursuant to an
exemption.

The shares of Ultrasonic AG (the 'Shares') have not been registered under
the U.S. Securities Act of 1933 in the actual valid version and may not be
sold or offered in the United States.

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 'relevant persons'). The Shares,
which are referred to, are only available to relevant persons and any
invitation, offer or agreement to subscribe, purchase or otherwise acquire
such securities will be engaged in only with, relevant persons. Any person
who is not a relevant person should not act or rely on this document or any
of its contents.

For Enquiries:

Ultrasonic AG
Chi Kwong Clifford Chan
Member of the Management Board and CFO
E-Mail:  clifford.chan@suoli.cc
Phone: +86 1525 947 9902 (China), +852 966 227 40 (Hong Kong)

13.01.2012 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:      Ultrasonic AG
              c/o Luther Rechtsanwaltsgesellschaft mbH; Mergenthalerallee 10-12
              65760 Eschborn
              Germany
Phone:        +49 6196 592 0; +86 1525 947 9902 (China); +852 966 227 40 (Hong
Kong) 
Fax:          +49 6196 592 110
E-mail:       clifford.chan@suoli.cc
Internet:     www.ultrasonic-ag.de
ISIN:         DE000A1KREX3
WKN:          A1KREX
Indices:      CDAX, Classic All Share, DAXsector All Consumer, DAXsector
              Consumer, DAXsubsector All Clothing & Footwear, DAXsubsector
              Clothing & Footwear, Prime All Share
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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