Martinsried/Munich, Germany; Mahwah, New Jersey, USA. February 14, 2006. JDS Uniphase today sold all 4,269,616 shares in ADVA it had owned before, or about 11.6% of ADVA's issued shares. The transaction followed an earlier sale of about 4.3 million shares in ADVA executed in September 2005 and is part of an overall optimization of JDS Uniphase's general investment portfolio. The shares were offered in a private placement to institutional investors by JPMorgan by way of an accelerated bookbuilding process earlier today. The offering was successfully placed with an international group of high quality institutional investors. The price per share amounted to EUR 7.25 per share. The disposition of JDS Uniphase's remaining stake in ADVA increases the free float from 68% to about 80%.
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NO OFFER OF SECURITIES FOR SALE IN THE UNITED STATES
This announcement is not being issued in the United States of America and should not be distributed to United States persons or publications with a general circulation in the United States. This announcement does not constitute an offer of securities for sale in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. No public offering of the securities will be made in the United States.
Published by:
ADVA AG Optical Networking, Martinsried/Munich and Meiningen, Germany
ADVA Optical Networking Inc., Mahwah/New Jersey, USA
ADVA Optical Networking Corp., Tokyo, Japan
FOR INVESTORS:
Wolfgang Guessgen
t +49 89 89 0665 240 (Europe)
t +1 201 258 8300 (U.S.)
t +81 3 5408 5891 (Asia)
FOR PRESS:
Christine Keck
t +49 89 89 0665 0 (Europe)
t +1 201 258 8293 (U.S.)
t +81 3 5408 5891 (Asia)