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ots Ad hoc-Service: INTERSHOP Communications <DE0006227002> INTERSHOP Communications Announces Initial Public Offering of American Depository Shares

Hamburg/San Francisco (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
INTERSHOP
Communications Announces Initial Public Offering of American
Depository Shares
INTERSHOP Communications AG (NASDAQ: ISHP) announced today the
successful listing on the Nasdaq National Market. All of the offered
3,350,000 American Depositary Shares (ADS) (respectively 1,675,000
ordinary shares) have been sold by the Company at a price of $32.09
per ADS (equals EUR 73 per ordinary share). The offered shares
originate from a capital increase and lead to gross proceeds of EUR
122 Mio.
Credit Suisse First Boston, Chase H&Q and U.S. Bancorp Piper
Jaffray are the lead managing underwriters for the offering. The
Company has granted the underwriters an over-allotment option to
purchase up to 500,000 additional American Depository Shares. This
option may be exercised by the underwriters within 30 days following
the pricing of the offering. Prior to this offering, there was no
public market for INTERSHOP ADS. INTERSHOP ordinary shares are listed
on the Neuer Markt of the Frankfurt Stock Exchange under the symbol
"ISH".
This press release shall not constitute an offer to sell, or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
U.S. Investor Relations Contact: European Investor Relations
Philip Oreste Contact: VP Finance Americas Dr. John Lange INTERSHOP
Communications, Inc Director of Investor Relations 600 Townsend
Street INTERSHOP Communications AG Top Floor, West Amsinckstraße 57
San Francisco, CA 94103 20097 Hamburg Phone +1 -415-844-1500 Germany 
p.oreste@intershop.com Phone +49-40-23709-131/-128 
Investorrelations@intershop.de
End 
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