DGAP-Ad-hoc: EDAG Engineering Group AG sets issue price at EUR 19.00 per share

EDAG Engineering Group AG / Key word(s): IPO
01.12.2015 17:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Ad hoc release: EDAG Engineering Group AG sets issue price at EUR 19.00 per share

EDAG Engineering Group AG ("EDAG") has set the final issue price for its shares at EUR 19.00 per share.

In connection with the offering, 8,750,000 shares will be placed from the holdings of the sole shareholder ATON GmbH. In addition, a greenshoe option of 1,312,500 shares is available, also from the holdings of the sole shareholder ATON GmbH.

In case the greenshoe option is fully exercised, the total number of placed shares will increase to 10,062,500. The total issuance volume of the IPO amounts to approximately EUR 166,250,000 if the greenshoe option is not exercised and approximately EUR 191,187,500 if the greenshoe option is fully exercised. ATON GmbH, the previous sole owner of EDAG, will receive the gross proceeds of the offering.

EDAG shares are expected to start trading in the regulated market (Prime Standard) of the Frankfurt Stock exchange on 2 December. The international securities identification number (ISIN) is CH0303692047, and the German securities code number (WKN) is A143NB.


This ad hoc release does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities.
This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of EDAG and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described herein due to factors affecting EDAG such as, among other things, changes in the general economic and competitive environment, capital market risks, currency exchange rate fluctuations and competition from other companies, and changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting EDAG, and other factors. EDAG does not assume any obligations to update any forward-looking statements.
This announcement is not a prospectus. Investors should not purchase or subscribe for any shares referred to in this announcement except on the basis of information in the prospectus issued by the company in connection with the offering of such shares.

This announcement is not a prospectus within the meaning of Article 652a of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of the SIX Swiss Exchange AG or a prospectus under any other applicable laws.

This announcement is not an offer of securities for sale in the United States of America. The securities offered will not be and have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States of America absent registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offer of the securities in the United States of America.
Subject to certain exceptions under applicable securities laws, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

01.12.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      EDAG Engineering Group AG
              Schlossstrasse 2
              9320 Arbon
Phone:        +41 71 54433-0
E-mail:       ir@edag-group.ag
Internet:     www.edag.com
ISIN:         CH0303692047
WKN:          A143NB  
Listed: Regulated Market in Frankfurt (Prime Standard)  
Notierung vorgesehen. / Intended to be listed.
End of Announcement DGAP News-Service