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Manz AG — Capital/Financing Update 2007
Jun 20, 2007
273_rns_2007-06-20_1ce2fa49-0a3b-4cff-b87c-936f86f816f3.html
Capital/Financing Update
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Corporate | 20 June 2007 07:38
Manz Automation AG plans capital increase of up to 10% from authorized capital
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, one of the world's leading
producers of automation, quality assurance and laser process technology for
the photovoltaic and LCD industry, is planning to place 325,650 new shares
(10% of the share capital) from a capital increase from authorized capital
excluding subscription rights. The proceeds from the capital increase will
be used to finance further growth. Manz Automation AG is planning, for
example, to access complementary technologies and additional resources via
potential acquisitions in Germany and abroad.
A banking syndicate led by Landesbank Baden-Württemberg (LBBW) as the lead
manager and sole bookrunner has been engaged to execute this transaction.
The syndicate also includes BHF-BANK and HSBC Trinkaus & Burkhardt as
co-lead managers. The market protection agreement with the company
described in the offering memorandum dated September 7, 2006 will be waived
for this transaction. Moreover, additional soft lock-up agreements have
been agreed with Mr. Dieter Manz and the company. These run until December
31, 2007. The placement price for the new shares will be set during
accelerated bookbuilding. The shares will be exclusively offered to German
and European institutional investors as part of a private placement.
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]