Surteco Group SE

Share Issue/Capital Change • Mar 16, 2005

News Details

Ad-hoc | 16 March 2005 21:00

SURTECO AG: SURTECO places capital increase

Ad hoc announcement §15 WpHG Capital Increase SURTECO AG: SURTECO places capital increase Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Buttenwiesen-Pfaffenhofen, 16 March 2005. – SURTECO AG is the leading manufacturer of surface materials based on raw papers and plastics for technical applications in the international construction and furnishing industry. The company has successfully placed a capital increase of nominally 500,000 euros against a cash consideration and excluding subscription rights. WestLB AG as the sole lead manager for the transaction placed the 500,000 new shares with selected institutional investors in Germany and Europe during the course of a book-building process. The issue was several times oversubscribed. The placement price was set at 31.00 euros. Gross issue proceeds amounting to 15.5 million euros were achieved by the issue of the new shares. These funds are to be used to repay company liabilities and to finance further corporate growth. As a result of the capital increase, the number of shares issued goes up by 500,000 to 11,075,522, the free float of SURTECO AG rises from 7.6 % to 11.8 %. Registering the capital increase in the commercial register is scheduled for 18 March 2005. The new shares will be listed for trading on the official market of Frankfurt Stock Exchange (Prime Standard) and on the Munich Stock Exchange. The listing is scheduled to commence on 23 March 2005. SURTECO AG will continue to work towards further strengthening free float following the capital increase. This announcement is not being issued in the United States of America and should not be distributed to United States Persons or publications with a general circulation in the United States. This announcement does not constitute an offer of securities for sale in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. No actions have been taken to permit a public offering of the securities in any jurisdiction. Buttenwiesen-Pfaffenhofen, March 16, 2005. The Board of Management SURTECO AKTIENGESELLSCHAFT Johan-Viktor-Bausch-Str. 2 86647 Buttenwiesen-Pfaffenhofen Deutschland ISIN: DE0005176903 WKN: 517 690 Listed: Amtlicher Markt in Frankfurt (Prime Standard) und München; Freiverkehr in Berlin-Bremen, Düsseldorf und Stuttgart End of ad hoc announcement (c)DGAP 16.03.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: End of message (c)DGAP 162100 Mär 05