DGAP-News: Balda AG: Balda may set subscription price above stock market price
06.12.2007
Balda AG / Key word(s): Capital Increase
06.12.2007 13:29
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Balda may set subscription price above stock market price
– Strong demand and binding obligation of the main shareholders to
subscribe for all new shares at 10 euros allow for new pricing formula
– Subscription price expected to be laid down on December 10, 2007;
maximum subscription price 11.50 euros per new share
Bad Oeynhausen, December 6, 2007. Balda has announced that in view of the
strong demand for the new shares from the capital increase, and in view of
the binding subscription obligations of the main shareholders, it is
possible that the subscription price may be set at a level higher than the
reference price derived from the stock market price and thus may possibly
also be higher than the stock market price. The maximum subscription price,
however, is to be 11.50 euros.
A corresponding addendum to the prospectus (Wertpapierprospekt) dated
November 29, 2007 has been approved by the Bundesanstalt für
Finanzdienstleistungsaufsicht (Federal Financial Supervisory Agency) and
published on the website of the company (www.balda.de/ir/). The
subscription price is expected to be published on December 10, 2007 before
trading begins (9.00 CET) in the form of an ad hoc announcement and under
www.balda.de/ir/.
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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 completely
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
facilities in the region. Plants in Brazil and in Malaysia, as well as the
facility in Germany for Balda Medical, underline the global competitiveness
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 press 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 example,
developments in the mobile communications industry, changes in technology
and the ability to timely and successfully develop new products 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 press 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. Securities Act of
1933, as amended (the ‘Securities Act’)) unless registered under the
Securities Act or pursuant to an exemption from such registration. The
Shares have not been and will not be registered under the Securities Act.
06.12.2007 Dissemination of a Corporate News, transmitted by DGAP –
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
Germany
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
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