euro adhoc: Wacker Chemie AG
Financing, Stock Offerings (IPO)
Wacker Chemie
AG sets offering period and book-building price range
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
30.03.2006
Munich, March 30, 2006 - Today, Wacker Chemie AG together with the other selling shareholders Blue Elephant Holding GmbH and Morgan Stanley & Co. Inc. and the Global Coordinators and Joint Bookrunners Morgan Stanley and UBS Investment Bank have set further details of the planned initial public offering of Wacker Chemie AG. The book-building price range is set between EUR70 and EUR80 per share. A total of up to 13,038,150 shares of Wacker Chemie AG consisting of up to 4,571,430 shares from the holdings of Wacker Chemie AG (treasury shares) and up to 8,466,720 shares from the holdings of the other selling shareholders will be offered. In addition, a total of up to 1,955,723 shares from the holdings of Wacker Chemie AG and Blue Elephant Holding GmbH will be offered in connection with a potential over-allotment. Interested investors may submit offers to purchase shares during the period from March 31, 2006 to April 7, 2006. The offer period closes on April 7, 2006 at 12.00 (noon) (CEST) for private investors (natural persons) and at 5.00 p.m. (CEST) for institutional investors. The final offer price is expected to be set on April 8 or April 9, 2006, with trading expected to commence on April 10, 2006. Book-entry delivery of the shares against payment of the offer price and the customary commissions is expected to occur on April 12, 2006. Further information regarding the terms and conditions of the offer may be found in the prospectus as approved and published on March 24, 2006 and in the supplement no. 1 thereto in respect of the aforementioned information, which will be published following approval by the German Federal Financial Services Supervisory Authority (BaFin). Disclaimer: ~ This ad hoc-release does not constitute an offer to sell or the solicitation of an offer to purchase the shares or other securities of Wacker Chemie AG. The offer is made exclusively through and on the basis of the prospectus, as published, and supplement no. 1 thereto to be published. Investors should not make an investment decision with respect to the shares or any other securities of Wacker Chemie AG except on the basis of the information contained in the prospectus relating to the shares and supplement no. 1. A free copy of the prospectus is available (with respect to supplement no. 1: will be available) to investors from Wacker Chemie AG. This ad hoc-release 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. Any public offering of securities to be made in the United States of America will be made by means of a prospectus that may be obtained from Wacker Chemie AG and that will contain detailed information about the company and management, as well as financial statements. ~ The information contained in this ad hoc-release is not for publication or distribution in the United States of America, Canada, Australia or Japan and does not constitute an offer of securities for sale in the United States of America, Canada, Australia or Japan. This ad hoc-release is directed only at persons outside the U.K. (the "relevant persons"). Each solicitation of an offer, each offer and each agreement to subscribe for, to purchase or to otherwise acquire the securities is directed only at relevant persons and at certain other persons or will be entered into only with relevant persons or certain other persons. Persons who are not relevant persons should not act on the basis of or rely on the information contained therein.
end of announcement euro adhoc 30.03.2006 18:05:59
Further inquiry note:
Investor Relations
Mr. Jörg Hoffmann
Tel. +49 89 6279 1633
Fax +49 89 6279 2933
investor.relations@wacker.com
Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing
Original content of: Wacker Chemie AG, transmitted by news aktuell