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.
---------------------------------------------------------------------------
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
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
Diskutieren Sie über die enthaltenen Werte
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte