DGAP-News: Balda AG: Balda may set subscription price above stock market price


Balda AG / Key word(s): Capital Increase

06.12.2007 13:29


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


* * *

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:


* * *

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


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