Share Issue/Capital Change • Jan 20, 2011
Share Issue/Capital Change
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News Details
Ad-hoc | 20 January 2011 15:22
KHD Humboldt Wedag International AG: Sufficient Shares Available For CATIC
KHD Humboldt Wedag International AG / Key word(s): Capital Increase
20.01.2011 15:22
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Not for release, distribution or publication, whether directly or
indirectly and whether in whole or in part into or in the United States,
Canada, Australia or Japan or any other jurisdiction in which such release,
publication or distribution would be unlawful.
KHD Humboldt Wedag International AG: Sufficient Shares Available For CATIC
* Cooperation with CATIC opens up Chinese market for KHD Humboldt Wedag
International AG and gives joint access to international turnkey projects
* Transaction expected to be closed between February 8 - 14, 2011
Cologne, January 20, 2011 - On January 19, 2011, the subscription period
for new shares of KHD Humboldt Wedag International AG ('Company') ended. As
announced in the ad hoc disclosure from December 21, 2010, the capital
increase would be completed only if upon close of the subscription period
sufficient shares from the authorized capital remain available to permit
CATIC's indirect subsidiary Max Glory Industries Ltd. ('MGI') to subscribe
for such a number of new shares which results in MGI holding 20% of the
shares in the Company post completion. The Company herewith informs that
sufficient shares are available and a respective portion thereof will now
be offered to MGI for subscription as provided for under the terms of the
Subscription Agreement. This step is a major milestone of the cooperation
of the Company with CATIC, which will enable the two partners to bid on a
wider range of projects, including large turnkey projects, and penetrate
the most important cement markets - including China, the largest cement
market in the world. The Subscription Agreement provides for completing of
the subscription by MGI and final closing no later than February 14, 2011
subject to various conditions, which the Company believes will be
fulfilled. The exact figures as to the number of new shares to be issued in
the course of this capital increase will be announced upon final completion
of the transaction.
Disclaimer
This release is neither an offer to sell nor a solicitation of an offer to
buy or subscribe for any securities and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation
or sale is unlawful. This release does not constitute or form part of an
offer or solicitation to purchase or subscribe for securities in the United
States. The securities referred to herein may not be sold in the United
States absent registration or an exemption from registration under the US
Securities Act of 1933, as amended. KHD does not intend to register any
portion of the offering of the securities in the United States or to
conduct a public offering of the securities in the United States. Copies of
this announcement should not be made in and may not be distributed or sent
into the United States, Canada, Australia or Japan.
Additonal Information:
ISIN: DE0006578008
German Securities Identification Number (WKN) of the shares: 657800
Trading segment: Regulated market (General Standard) of the Frankfurt Stock
Exchange
KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne
Germany
Contact:
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 - 205855-11
Fax: +49 (0)611 - 205855-66
E-Mail: [email protected]
20.01.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: KHD Humboldt Wedag International AG
Colonia Allee 3
51067 Köln
Deutschland
Phone: +49 (0)221 6504 1106
Fax: +49 (0)221 6504 1090
E-mail: [email protected]
Internet: www.khd.com
ISIN: DE0006578008
WKN: 657800
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of Announcement DGAP News-Service
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