DGAP-Adhoc: Balda AG: Balda issues convertible profit participation rights


Balda AG / Key word(s): Miscellaneous

31.10.2007 07:41

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.


Balda issues convertible profit participation rights

Bad Oeynhausen, October 31, 2007. In order to restructure its long-term

refinancing Balda AG issued and privately placed convertible profit

participation rights with a nominal value of 34.2 million euros on

October 30, 2007.

The bearer instruments pay 8 percent p.a. on the nominal value and

run to the end of 2013. They are to be repaid at face value insofar

as they have not been converted into Balda shares beforehand by the

bearers. In this respect as many as 4.734 million new Balda shares

may be issued from the contingent capital adopted by the annual gen-

eral meeting on August 9, 2007. The conversion price is 7.22 euros.

If the Xetra closing price of the Balda shares reaches a level of

at least 12.50 euros during the term, Balda may demand the conver-

sion. The instruments were issued within the framework of the exis-

ting authorizations with the exclusion of subscription rights and

have already been privately placed.

* * *

Company profile Balda AG

The internationally operating Balda Group develops and produces highly

integrated devices comprising plastic, metal and electronic components

as well as touch sensors. Among the customers of the SDAX listed company

are international brand-names from the mobile telephony industry, medical

technology and various related markets.

The integration of plastic and touch screen technologies creates comple-

tely new customer benefits. Only Balda currently offers both technologies

from one source on a global scale. The group has a strong position in the

important growth markets China and India and owns four production facili-

ties in the region. Plants in Brazil and in Malaysia, as well as the

facility in Germany for Balda Medical, underline the global competitive-

ness of the group of companies.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone:

+49 5734 922 2728, Fax: +49 5734 922 2691, Mail: croehl@balda.de,

Internet: www.balda.de

* * *

This ad hoc-announcement includes ‘forward-looking statements’ which

are based on the current expectations of the management of Balda. They

are subject to risks and uncertainty because they relate to events and

depend on circumstances that will occur in the future, such as, for ex-

ample, developments in the mobile communications industry, changes in

technology and the ability to timely and successfully develop new pro-

ducts and various other factors. Balda does not undertake any obligation

to update publicly or revise forward-looking statements except to the

extent legally required.

This ad hoc-announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States

or elsewhere. The shares in Balda 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. Securi-

ties Act of 1933, as amended (the ‘Securities Act’)) unless registered

under the Securities Act or pursuant to an exemption from such registra-

tion. The Shares have not been and will not be registered under the

Securities Act.

31.10.2007 DGAP’s Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service