DGAP-Adhoc
JOST Werke AG: JOST sets final offer price at EUR27.00 per share
DGAP-Ad-hoc: JOST Werke AG / Key word(s): Strategic Company Decision
JOST sets final offer price at EUR 27.00 per share |
In total, 4,875,000 newly issued ordinary bearer shares from a capital increase and 2,575,000 existing ordinary bearer shares from the holdings of JOST's existing shareholder have been placed with institutional investors in the Private Placement. In addition, 1,117,500 ordinary bearer shares have been made available from the holdings of JOST's existing shareholder in connection with an over-allotment.
The free float following the private placement amounts to approximately 57.5% (assuming full exercise of greenshoe option) of JOST's share capital. Based on the final offer price the market capitalization at admission amounts to approximately EUR 402 million.
JOST Group
Tobias Schmidt
Corporate & Business Strategy
T: +49 (0)6102 295-251
tobias.schmidt@jost-world.com
Disclaimer
This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States of America, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. Furthermore, this announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any shares referred to in this announcement on the basis of the information contained herein.