029 Group SE

Share Issue/Capital Change • Sep 20, 2000

News Details

Ad-hoc | 20 September 2000 18:29

Ad hoc-Service: Brainpower N.V.

Ad hoc-announcement edited and send by DGAP. The sender is responsible for the contents of this announcement. —————————————————————————— Not for Distribution in or into the USA, Canada or Japan 20 September 2000 BRAINPOWER SHARE OFFER PRICES AT EUR 11 – Market Capitalisation EUR 158 million – Offer subscribed 7 times Following the completion of marketing, Brainpower N.V. announces that the price of the shares to be sold in its initial public offering (IPO) is EUR 11 per Share. This represents a total market capitalization for the company of EUR 158 million. 3.1 million shares were offered and placed, excluding the underwriters’ over-allotment option, resulting in a free float amounting to 21.5% of the enlarged share capital. Applications for 22 million shares were received from European institutions and German retail investors, subscribing the Offer 7 times. The underwriters have been granted the right to exercise an over- allotment option comprising up to 465,000 shares (equal to 15% of the shares sold in the IPO). Listing of the Shares and first dealings will commence on the Neuer Markt segment of the Frankfurt Stock Exchange tomorrow. The Neuer Markt ticker symbol for Brainpower is BPW. The German Securities Identification Code for Brainpower shares is: 553 169. The ISIN Code is: NL0000238228. Robertson Stephens International acted as Global Co-ordinator for the Offering and Commerzbank was Joint-Lead Manager, with responsibility for the offering to retail investors in Germany, which was conducted with support from the online broker Comdirekt. Further details on the IPO will be announced tomorrow. Note: This press release 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 document does not constitute an offer or invitation to subscribe for or purchase any securities. In addition, the securities of Brainpower NV may not be offered, sold or delivered within the United States or to United States persons. For further information please contact: Brainpower NV +41 (91) 985 7079, LNANI@BRAINPOWER.CH Rocco Pellegrinelli, CEO; Jennifer Wick, CFO; Lorella Nani, Public Relations Citigate Dewe Rogerson PR +44 (0) 20 7638 9571, Peter.Munro@citigatedr.co.uk Peter Munro, Mareike Borchert End of Message