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    DGAP-Adhoc  1199  0 Kommentare Tele Columbus AG: Tele Columbus AG sets offer price per share at EUR 10


    Tele Columbus AG / Key word(s): IPO

    22.01.2015 00:04

    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.

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    Tele Columbus AG sets offer price per share at EUR 10

    Berlin, 21 January 2015. Today, together with its shareholder, Tele
    Columbus AG ("Tele Columbus" or the "Company") has set the offer price for
    shares in connection with its IPO at EUR 10 per share. The offer price is
    therefore at the mid-point of the price range from EUR 8.00 to EUR 12.00
    per share. The offering was well oversubscribed at the offer price.

    A total of 51,022,500 shares will be placed, comprising 33.3 million new
    shares resulting from a capital increase, 14.4 million existing shares
    being sold by Tele Columbus Management S.à r.l. - a holding company which
    is indirectly held by the ultimate shareholders of Tele Columbus - and
    additional 3.3 million existing shares borrowed by the Underwriters from
    Tele Columbus Management S.à r.l. to cover the over-allotment. For the
    purpose of enabling redelivery of the borrowed shares to Tele Columbus
    Management S.à r.l., the Company granted the Underwriters the option to
    acquire the respective number of additional shares in the Company at the
    offer price, which would be issued from the Company's authorized capital
    ("Greenshoe Option").

    26 million shares will be allocated to pre-IPO shareholders who have placed
    orders for preferential allocation.

    The Company will achieve proceeds of EUR 333 million from the sale of the
    new shares (excluding potential greenshoe proceeds of up to 10% of the
    offering of the new shares). Under the assumption that the Greenshoe Option
    is fully exercised, the total proceeds for the Company will be EUR 367
    million. The resulting initial free float will amount to over 50% of the
    total issued and outstanding shares of the Company, assuming the full
    exercise of the Greenshoe Option and including for these purposes the
    shares preferentially allocated to pre-IPO shareholders which will be
    subject to a 180 day lock up.

    The shares of Tele Columbus AG will be traded on the regulated market
    (Prime Standard) of the Frankfurt Stock Exchange under the ticker symbol
    TC1 from 23 January 2015.


    Disclaimer

    This ad-hoc-announcement and the information contained herein are for
    information purposes only and do not constitute a prospectus or an offer to
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    DGAP-Adhoc Tele Columbus AG: Tele Columbus AG sets offer price per share at EUR 10 Tele Columbus AG / Key word(s): IPO 22.01.2015 00:04 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. …