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Manz AG — Capital/Financing Update 2007
Jun 20, 2007
273_rns_2007-06-20_df25f7b6-752f-4e7c-9d48-88cb135cc2bd.html
Capital/Financing Update
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Corporate | 20 June 2007 11:55
Manz Automation AG successfully places capital increase with a volume of EUR 22.80 million
Manz Automation AG / Capital Increase
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.
Reutlingen, June 20, 2007. Manz Automation AG is one of the world's leading
producers of automation, quality assurance and laser process technology for
the photovoltaic and LCD industry and has successfully placed a capital
increase from authorized capital. As part of a private placement, a total
of 325,650 new no-par value bearer shares of the high-tech engineering
company were issued at a price of EUR 70.00 per share. The shares were
fully placed exclusively with institutional investors during accelerated
bookbuilding by a banking syndicate led by Landesbank Baden-Württemberg in
the course of just a few hours. The capital increase met with very high
demand from German and international investors. Gross proceeds from the
issue of around EUR 22.80 million have accrued to the company as a result
of the transaction. These will be used in particular for future
acquisitions. Planned acquisitions in Germany and abroad will allow Manz to
access complementary technologies and additional resources in order to
successfully continue Manz Automation AG’s dynamic growth.
The capital increase from authorized capital excluded subscription rights.
As a result of the issue of new shares, Manz Automation AG’s share capital
has increased from EUR 3,257,250 to EUR 3,582,900. After the capital
increase has been entered in the commercial register, the new shares will
be included in OTC trading (Entry Standard) at the Frankfurt Stock Exchange
with the symbol M5Z (German Securities Code (WKN) A0JQ5U, ISIN
DE000A0JQ5U3). The new shares carry dividend rights from January 1, 2007.
Information and Explaination of the Issuer to this News:
Company profile
Manz Automation AG develops and manufactures systems and components for
automation, quality assurance and laser process technology. The company's
core competences are to be found in robotics, image processing, laser
technology and control technology. Manz Automation AG thus unites bundled
expertise from elementary technology areas to achieve optimum results for
its customers. The company has three divisions: photovoltaic
(systems.solar), LCD (systems.lcd) and components and OEM systems
(systems.aico) for automation in various sectors of industry. In addition,
Manz Automation AG is planning to equip laboratory systems in the
pharmaceuticals and life science sector with its technology (systems.lab).
Reutlingen-based Manz Automation AG was formed in 1987 and has branches in
the USA, Taiwan, Korea, China and Hungary. In fiscal year 2006 the Manz
group recorded total operating revenue totaling around EUR 44 million, up
almost 50% year-on-year. More than 60% of revenues are recorded abroad, in
particular in Asia.
Shares of Manz Automation AG have been listed on the Frankfurt Stock
Exchanges Entry Standard with ISIN DE000A0JQ5U3 or WKN (German Securities
Code) A0JQ5U since September 22, 2006.
Disclaimer: This information is neither an offer for sale nor an
instruction to buy securities of Manz Automation AG. The information
included in this press release is exclusively for persons who are residents
of and are domiciled in Germany. Securities of Manz Automation AG have not
been and are not registered under the U.S. Securities Act of 1933 in the
current applicable version, and may neither be offered nor sold in the
United States of America. The information included in this press release
may not be disseminated in the United States of America, and may not be
passed on to U.S. persons - as defined in Regulation S of the U.S.
Securities Act of 1933 in the current applicable version.
Contact
Manz Automation AG
Birte-Christina Benecke
Tel.: +49 (0)7121 – 9000-21
Fax: +49 (0)7121 – 9000-99
e-mail: [email protected]
Investor relations
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611 – 205855-11
Fax: +49 (0)611 – 205855-66
e-mail: [email protected]