Alno AG achieves gross issue proceeds of EUR 26.1 million from capital increase
ALNO AG / Key word(s): Capital Increase/Corporate Action
03.03.2011 19:57
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.
---------------------------------------------------------------------------
Düsseldorf (Germany), March 3, 2011 - Alno AG has successfully concluded
its cash capital increase with subscription rights, generating total gross
issue proceeds of EUR 26.1 million. The company share capital will increase
by a total of EUR 22,615,647.60 to EUR 67,846,945.40. The company's
authorized capital was thereby fully placed by the offering. The capital
increase will be entered in the commercial register prospectively on March
4, 2011.
A total of 8,698,326 new no par value ordinary bearer shares (no par
shares), each with a nominal amount in the share capital of EUR 2.60, were
issued. The subscription price was EUR 3.00. Shareholders subscribed for
approximately 700,000 shares by exercising their subscription rights. As
part of a public offering in Germany, and a private placement among
selected investors both in Germany and abroad (outside the USA), all of the
approximately 8,000,000 new shares that were not subscribed for were
subsequently placed among institutional investors (99.6%) and private
investors (0.4%). All private investors received 50% of their subscription.
Separately, a total of 200,000 new shares were allocated to Alno AG
Managing Board members.
Alno AG plans to further implement the 'ALNO 2013' future concept with the
capital that accrues to it from the offering. With the final completion of
the transaction the company's free float will rise from less than 9% to
significantly more than 30%. The capital increase has been accompanied by
ICF Kursmakler AG, Frankfurt am Main, as the Sole Lead Manager and Sole
Bookrunner.
Disclaimer:
This document constitutes neither an offer to sell nor a solicitation to
buy securities of Alno AG. The securities have already been sold.
This document is not an offer of securities for sale in the United States
of America. Securities may not be offered or sold in the United States of
America absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended. The shares in Alno AG have not
been and will not be registered under the U.S. Securities Act of 1933, as
amended, and are not being and will not be offered or sold in the United
States of America.
This document is directed at and/or for distribution in the U.K. only to
(i) persons who have professional experience in matters relating to
investments falling within article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (ii)
high net worth entities falling within article 49(2)(a) to (d) of the Order
(all such persons being together referred to as 'relevant persons'). This
document is directed only at relevant persons. Any person who is not a
relevant person should not act or rely on this document or any of its
contents. Any investment or investment activity to which this document
relates is available only to relevant persons and will be engaged in only
with relevant persons.
ALNO AG
Head of Corporate Communication & Investor Relations
Andrea Wolf
Airport Office I, Peter-Müller-Straße 14/14a
40468 Dusseldorf, Germany
Telephone: +49 / 211 / 159 785 33 16
Fax: +49 / 211 / 159 785 77 3316
E-mail: Andrea.wolf@alno.de
03.03.2011 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: ALNO AG
Airport Office I, Peter-Müller-Straße 14/14a
40468 Düsseldorf
Deutschland
Phone: +49 / 211 / 159 785 33 16
Fax: +49 / 211 / 159 785 77 3316
E-mail: andrea.wolf@alno.de
Internet: www.alno.de
ISIN: DE0007788408
WKN: 778840
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, München
End of Announcement DGAP News-Service
---------------------------------------------------------------------------