Successful initial public offering of CA Immo International - substantial investor interest
CA Immo International, a subsidiary of CA Immobilien Anlagen AG, has set the offer price per share at €13.50 together with its investment banking advisors and based on the order book. Therefore, the total offer value (excluding the shares subject to the over-allotment option) amounts to approximately € 250 million. The offering consisted of 18,518,074 shares to be issued out of a capital increase and an over-allotment option of an additional 2,777,711 primary shares. The over-allotment option can be exercised by the Joint Global Coordinators within 30 days after commencement of trading, which would increase the offer volume to 21,295,785 shares or approximately € 287 million.
The first day of trading is expected to be October 25, 2006. Immediately following the closing of the offering (but before exercise of the over-allotment option), CA Immo will hold approximately 54.5% of CA Immo International's share capital (in case of a full exercise of the over-allotment option approximately 51%).
Disclaimer: This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities. A prospectus prepared in accordance with the Austrian Capital Market Act was published and is available free of charge at CA Immo International AG (Freyung 3/2/11, A-1010 Vienna, Austria) and at the syndicate banks. Any investment decision concerning the securities of the issuer offered publicly should only be made on the basis of the Securities Prospectus including its supplements. The information contained herein is not being issued in the United States of America and must not be distributed to U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as amended ("Securities Act")) or publications with a general circulation in the United States. The material set forth herein is for informational purposes only and is not intended, and should not be construed, as an offer of securities for sale into the United States. The securities of the issuer described herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any state, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. There will be no public offer of the securities in the United States. This document is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (as amended) (the "Order") or (iii) who fall within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations" etc.) of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan.
Tuesday, 24. October 2006 14:55