DGAP-Adhoc: Symrise AG: Symrise sets placement price of new shares - 5,614,036 shares successfully placed.
08.02.2019 (www.4investors.de) -
DGAP-Ad-hoc: Symrise AG / Key word(s): Capital Increase
Symrise AG: Symrise sets placement price of new shares - 5,614,036 shares successfully placed.
08-Feb-2019 / 07:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
Symrise sets placement price of new shares - 5,614,036 shares successfully placed.
Holzminden, 8 February 2019 - Symrise AG (the "Company") has successfully placed 5,614,036 newly issued ordinary bearer shares to institutional investors in a private placement by way of an accelerated bookbuilding process. The new shares were issued in a capital increase by partially exercising the Company's authorized capital under exclusion of shareholder's subscription rights. The placement price for the new shares has been set at EUR 71.25. As a result of the capital increase, the Company will receive gross proceeds of around EUR 400,000,065.00. The net proceeds from the capital increase will be used for the partial refinancing of the bridge facility in connection with the acquisition of International Dehydrated Foods LLC, American Dehydrated Foods LLC and IsoNova Technologies LLC as well as certain premises currently used by these entities.
The Company's share capital after completion of the capital increase will amount to EUR 135,426,610.00. The completion of the capital increase is expected to be registered on 11 February 2019. On 11 February 2019, the new shares are expected to be admitted to trading without a prospectus, and on 12 February 2019, are expected to be included in the existing quotation in the subsegment of the regulated market segment with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange.
This document and the information contained herein are not for distribution in or into the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"), Canada, Australia or Japan. This document does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities (the "Shares") of Symrise AG (the "Company") in the United States. The Shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.
Tobias Erfurth, Investor Relations
08-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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End of Announcement
DGAP News Service
773905 08-Feb-2019 CET/CEST