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Delignit AG

Delisting Announcement Sep 13, 2007

5383_rns_2007-09-13_32714bf4-43b2-4672-9642-85066ff0fcf5.html

Delisting Announcement

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News Details

Corporate | 13 September 2007 18:54

Delignit AG: Delignit AG Price range is 8.00 Euro to 10.00 Euro – Subscription period expected to be from 14 to 20 September 2007

Delignit AG / IPO

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


Blomberg, 13 September 2007 – The shares of Delignit AG (the 'Company' and
together with its subsidiaries the 'Delignit Group', ISIN DE000A0MZ4B0),
leading manufacturer of ecological products and system solutions on the
basis of the natural wood material Delignit, will be offered for 8.00 Euro
to 10.00 Euro within the framework of the Bookbuilding. The price range was
determined on the basis of the feedback from the institutional roadshow of
the past days. The subscription period is expected to run from 14 September
to 20 September 2007. The first offering of the shares at the Open Market
of the Frankfurt Stock Exchange with a listing on the Entry Standard is
planned for 26 September 2007. In total, and including Greenshoe, up to
3,094,300 shares will be offered for subscription. Of these up to 1,350,000
shares stem from a capital increase. The stock exchange listed MBB
Industries AG, which held 100 percent of the shares to date, will issue up
to 1,463,000 shares within the scope of the stock exchange flotation, as
well as up to 281,300 shares as Greenshoe. After the stock exchange
listing, the free float will amount up 49.9 percent. MBB Industries AG has
subjected itself to a market protection agreement - Lock-up - of 12 months
(6 months hard lock up and a further 6 months soft lock-up). The flotation
at the stock exchange will be accompanied by the VEM Aktienbank AG. Placing
partners are comdirect, Cortal Consors, DAB bank AG, as well as E*TRADE
Germany. The Volks- and Raiffeisenbanken associated with the WGZ Bank will
also accept subscription orders.

With the means from the stock exchange listing Delignit AG plans to expand
the existing production capacities, as well as undertake acquisitions. In
the first half year 2007 the Delignit Group increased, pro forma its
operating performance in comparison with the corresponding previous year
period by 27.4 percent to 23.4 million Euros. The EBITDA margin before IPO
costs improved to 16.6 percent. In the total year 2006 the pro forma
operating performance of the Delignit Group was around 41.5 million Euros
with an EBITDA margin of 15.5 percent. In total, the Delignit Group employs
more than 1,000 staff at its locations in Germany and Rumania.

The Delignit Group is manufacturer of the material Delignit, which is based
on wood. The material also convinces through its technical properties such
as high strength, bullet proof and fire protection properties. In addition,
Delignit’s customers can improve their environmental balance by using this
material.

About the Delignit Group:

The Delignit Group develops, manufactures and sells ecological products and
system solutions on the basis of the natural and regenerative wood material
Delignit. The Delignit Group is a recognised development and project
partner, as well as series supplier for technology industries such as, for
example, the automotive and aviation industry, as well as security
technology. The products have special technical properties and are, inter
alia, used as built-in systems for commercial vehicles, bullet proof
solution or as innovation in Formula 1 vehicles. The Delignit material is
based on wood, is CO2-neutral during its lifecycle and therefore
ecologically superior to non-regenerative materials such as plastics and
steel. The use of Delignit material therefore improves the environmental
balance of customer products and complies with their increasing ecological
requirements.

The operating business of the Delignit Group includes the business units
Automotive, Technological Applications and Veneer. The company was founded
over 200 years ago. The Group now has more than 1,000 employees in Germany
and Romania. You can find further information in the Internet under
www.delignit.de.

Disclaimer

This publication and the information contained therein neither represents
an offer to sell nor a solicitation to buy shares of Delignit AG. The offer
is made exclusively through and on the basis of the published share
prospectus (including any supplements of this). An investment decision
regarding the public offer shares of Delignit AG should only be made on the
basis of the share prospectus. The share prospectus is available on the
Delignit AG Internet page (www.delignit.de).

This document is not an offer to buy shares in the United States of
America. Shares may be sold or offered for sale in the United States of
America only with prior registration under the regulations of the U.S.
Securities Act of 1933 in the currently valid version or without prior
registration only on the basis of an exemption. The shares of Delignit AG
are not and will not be registered pursuant to the regulations of the U.S.
Securities Act of 1933 in the currently valid version and will neither be
sold nor offered for sale in the United States of America

The notification will only be distributed to (i) persons who reside outside
of the United Kingdom, or (ii) professional investors who fall under
Article 19(5)of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2001 (the 'Order'), or (iii) wealthy persons or other
persons legally entitled to receive it who fall under Article 49(2) of the
Order and is only addressed to these (where these persons together are
designates as 'qualified persons'). All shares to which reference is made
here are only available to qualified persons and every solicitation, every
offer or every agreement to subscribe, buy or otherwise purchase such
shares, will only be made towards such qualified persons. Persons who are
not qualified persons should in no case act with regard to or on the
strength of this information or its contents.

Contact:
edicto GmbH
Dr. Sönke Knop
Zeißelstraße 19
60318 Frankfurt
Tel. 069-90550551
Fax 069-90550577
eMail: [email protected]

13.09.2007 Financial News transmitted by DGAP

Language: English
Issuer: Delignit AG
Königswinkel 2-6
32825 Blomberg
Deutschland
Phone: +49 (0)5235 / 966-0
Fax: +49 (0)5235 / 966-105
E-mail: [email protected]
Internet: http://www.delignit.de
ISIN: DE000A0MZ4B0
WKN: A0MZ4B
Listed: Open Market (Entry Standard) in Frankfurt

Notierung vorgesehen / designated to be listed

End of News DGAP News-Service


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