AT & S successfully placed all 15,527,412 offer shares with investors

Published On: October 4, 20133.2 min read632 words

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

October 4, 2013

AT & S successfully placed all 15,527,412 offer shares with investors

All 15,527,412 offer shares, consisting of 12,950,000 new shares and 2,577,412 xxTreasury Shares, were subscribed at the subscription and offer price of EUR 6.50 in the subscription offer by existing shareholders or placed with investors.

In the course of the offering AT & S generated gross proceeds of approximately EUR 100.9 million. AT & S intends to use these proceeds, after deducting the usual transaction fees, to finance its planned expansion, i.e. to expand its business to include the production of IC substrates, to reinforce the group’s financial flexibility and for general corporate purposes.

Following registration of the two tranches of the capital increase (including the one for the pre-placement), the share capital will be increased from EUR 28,490,000 to EUR 42,735,000. After successful completion of the transaction the company will no longer hold xxTreasury Shares. Trading in the new shares allocated in the rights offering and the global offering on the Vienna Stock Exchange is expected to commence on October 9, 2013. The new shares will – like the existing shares – carry full dividend rights from, and including, the financial year ending March 31, 2014.

The two principal shareholders of AT & S, Androsch Privatstiftung and Dörflinger-Privatstiftung, partially exercised their subscription rights and purchased 769,230 and 2,307,692 offer shares, respectively. After completion of the transaction, Androsch Privatstiftung will hold approximately 16.3% and Dörflinger-Privatstiftung approximately 17.8% of the AT & S shares.

For further information, please contact:

AT & S

Media and Investor Relations:

Martin Theyer, Tel.: +43-676 89555909





This announcement constitutes neither an offer to sell nor a solicitation to buy any securities. The securities referred to herein have already been sold.

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 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 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.

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.