euro adhoc: OVB Holding AG
Financing, Stock Offerings (IPO)
OVB sets offer
price and placement volume for Initial Public Offering
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
20.07.2006
Köln, July 20, 2006 - OVB Holding Aktiengesellschaft together with the Leadmanager Sal. Oppenheim jr. & Cie. KGaA has set the offer price at EUR 21 per share. This price is in the upper half of the price range of EUR 19 to EUR 22 per share. All shares, comprising 1,135,000 shares from a capital increase as well as 1,722,128 shares from participation program (excluding over-allotment) have been allocated. Additionally, some shareholders from participation program and the company have granted Sal. Oppenheim jr. & Cie. KGaA a Greenshoe option of up to 173,386 (105,119 shares from the company, 68,267 shares from the participation program) shares. The total placement volume, excluding the over-allotment, amounts to approximately EUR 60.0 million. The company will receive gross proceeds of EUR 23.8 (exluding the over-allotment) million. Further information: www.ovb.ag Brigitte Bonifer Investor Relations OVB Holding Aktiengesellschaft Heumarkt 1 50667 Köln E-Mail: bbonifer@ovb.de Phone: +49 221 2015 288 Further information of the issuer regarding this Ad-hoc-announcement: This publication constitutes neither an offer to sell nor an invitation to buy securities. No offer or sale of transferable securities is being made to the public outside Germany. The public offer in Germany is being made solely by means, and on the basis of, the German language Wertpapierprospekt as approved by the German Federal Financial Supervisory Authority (BaFin) on July 10, 2006 (the "German Prospectus") and any supplement thereto. The German Prospectus was published on July 10, 2006, the Supplement No. 1 on Juli, 14, 2006 on the website of OVB Holding AG (http://www.ovb.ag). Since July 10, 2006 printed copies of the German Prospectus are available in connection with the offering in Germany free of charge during usual business hours at OVB Holding Aktiengesellschaft as well as at the consortium banks. At the same sources the Supplement No. 1 is available since July 15, 2006. The information contained in this document is neither meant to be published nor distributed in the United States of America, Canada, Australia or Japan. This document does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in these countries 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.
end of announcement euro adhoc 20.07.2006 17:45:40
Further inquiry note:
Michael Lülsdorf
Referent Finanzen
Tel.: +49 (0)221 2015 170
E-Mail: mluelsdorf@ovb.de
Branche: Financial & Business Services
ISIN: DE0006286560
WKN: 628656
Börsen: Frankfurter Wertpapierbörse / admission applied: regulated
dealing
Original content of: OVB Holding AG, transmitted by news aktuell