Completion of pre-placement

Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia.

September 17, 2013

  • Completion of pre-placement – AT & S sets the subscription and offer price for the offer shares at EUR 6.50 per share 
  • The book has been oversubscribed by several times
  •  3,367,471 offer shares successfully placed in the pre-placement  

The pre-placement of 3,367,471 offer shares in the course of the offering of up to 15,527,412 offer shares (up to 12,950,000 new shares and up to 2,577,412 treasury shares), the start of which has been announced earlier today, has – due to good demand – already been completed early. AT & S successfully placed in the pre-placement all offered 3,367,471 new offer shares with selected institutional investors in and outsideAustria. The book has been oversubscribed by several times.

In the course of the pre-placement, the Management Board with the approval of the Project Committee of the Supervisory Board of AT & S and in consultation with the Joint Lead Managers set the subscription and offer price at EUR 6.50 per offer share and confirmed the volume of the pre-placement.

Based on the subscription and offer price, and assuming that in the course of the offer the maximum number of 15,527,412 offer shares will be placed, AT & S expects gross proceeds of approximately EUR 100.9 million. Shares allocated in the pre-placement will be delivered on September 24, 2013 against payment of the subscription and offer price.

The subscription and offer period for the offer shares starts on September 19, 2013 and is expected to end on October 3, 2013.

For further information, please contact: 

AT & S 

Media and Investor Relations:

Martin Theyer, Tel.: +43-676 89555909

E-mail: m.theyer@ats.net

Internet: www.ats.net

Disclaimer: This announcement serves marketing purposes in Austria and is no offer for sale of securities. The public offer in Austria is being made solely by means and on the basis of the published prospectus, which is approved by the Austrian Financial Market Authority and the supplement to the prospectus, which are available free of charge at AT & S Austria Technologie & Systemtechnik Aktiengesellschaft, Fabriksgasse 13, 8700 Leoben-Hinterberg, during usual business hours and can be reviewed in electronic form on the website of the Issuer (http://www.ats.net/ats-login). 

This announcement is not an offer for sale of securities in any jurisdiction where such an offer is illegal. The securities have not been registered under the U.S. Securities Act of 1933 as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements under the Securities Act. This announcement is not being issued in the United States and may not be distributed to publications with a general circulation in the United States.

This announcement is being distributed only to and 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 2005 (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 announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

This announcement has been prepared on the basis that any offer of securities in any Member State of the European Economic Area (“EEA”), other than Austria, which has implemented the Prospectus Directive (2003/71/EC), as amended (each, a “Relevant Member State”) will only be made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of securities. Accordingly, this announcement is only addressed to and is only directed at qualified investors in such EEA Member State within the meaning of the Prospectus Directive. Any person who is not a qualified investor within the meaning of the Prospectus Directive must not act or rely on this announcement or any of its contents.

September 17, 2013 19:34 Published by