Share Issue/Capital Change • Mar 10, 2011
Share Issue/Capital Change
Open in ViewerOpens in native device viewer
10.03.2011 17:47
Dissemination of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------
BASF SE intends to place up to around 19.7 million shares of K+S Aktiengesellschaft (representing 10.3% of the company's share capital) with institutional investors in an accelerated bookbuilding transaction. With the expected capital gain from the sale, BASF aims to further optimize its balance sheet and continue to reduce its debt as previously announced.
The 19.7 million shares will not be or 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 applicable exemption from the registration requirements of the Securities Act.
Frau Jennifer Moore-Braun, Phone: +49 621 60-99123, [email protected]
10.03.2011 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: | BASF SE |
| Carl-Bosch-Straße 38 | |
| 67056 Ludwigshafen | |
| Deutschland | |
| Phone: | +49 (0)621 60-0 |
| Fax: | +49 (0)621 60-4 25 25 |
| E-mail: | [email protected] |
| Internet: | www.basf.com |
| ISIN: | DE000BASF111, DE000A0JRFB0, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JRFA2, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0JQF26, Börse Dublin, Frankfurter Wertpapierbörse, DE000A0EUB86, Frankfurter Wertpapierbörse, DE000884 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulierter Markt in Berlin, Düsseldorf, Frankfurt |
| (Prime Standard), Hamburg, Hannover, München, | |
| Stuttgart; Terminbörse EUREX; London, SIX | |
| Category Code: | MSC |
| LSE Ticker: | BFA |
| Sequence Number: | 729 |
| Time of Receipt: | March 10, 2011 17:14:13 |
| End of Announcement | DGAP News-Service |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.