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Meyer Burger Technology AG Capital/Financing Update 2008

Apr 18, 2008

930_rns_2008-04-18_3075a117-b2e2-4a11-89b5-14f15a856fff.html

Capital/Financing Update

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Corporate | 18 April 2008 12:07

Roth & Rau AG: Successful completion of capital increase

Roth & Rau 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.


  • Offering provides Roth & Rau with gross proceeds of EUR 101.2 million
  • Listing of the shares in the regulated market (Prime Standard)

Hohenstein-Ernstthal, 18 April 2008 – Roth & Rau AG has successfully
completed the capital increase with subscription rights resolved on 31
March 2008. The issue of 920,000 new shares resulted in an increase of the
company’s share capital from EUR 2,530,000.00 to EUR 3,450,000.00. Between
3 April 2008 and 16 April 2008, shareholders were able to subscribe four
new shares for every eleven shares already held in line with the
subscription ratio of 11:4. On 10 April 2008, the subscription price was
set at EUR 110 per share. More than 99 % of the new shares were subscribed
during the subscription period. The small number of remaining shares was
placed today by the Joint Lead Managers. 'The offer met with great interest
from existing shareholders and new investors alike', commented Dr. Dietmar
Roth, CEO of Roth & Rau AG, expressing his satisfaction with the successful
capital increase. 'Particularly in view of the difficult current market
environment, we see this as providing evidence of the great trust placed in
our company and our strategy.'

The offering, which was accompanied by Commerzbank AG and Credit Suisse
Securities (Europe) Limited as Joint Lead Managers, has generated gross
proceeds of EUR 101.2 million. Roth & Rau AG intends to invest the
additional liquidity into its further expansion and the implementation of
its strategic growth objectives. As well as making selective company
acquisitions and increasing its in-house research and development
capacities to secure further key technologies, these objectives focus in
particular on extending the company’s sales and service organisation and
expanding its production capacities.

The company founders participated in the capital increase within the
framework of the 'opération blanche'. This involved them selling their
subscription rights in such a way that they were able to exercise their
remaining subscription rights with the proceeds thereby received. Following
the completion of the transaction, Dr. Dietmar Roth holds 5.76 %, Dr. Bernd
Rau 5.46 % and Dr. Silvia Roth 2.12 % of the voting rights in Roth & Rau
AG.

Upon the admission of the new shares for trading, the company
simultaneously moves from the Open Market (Entry Standard) to the Regulated
Market (Prime Standard) of the Frankfurt Stock Exchange, thus meeting the
requirements for potential inclusion in the TecDAX index. Both new and old
shares were listed today under ISIN DE000A0JCZ51.

About Roth & Rau AG:
Roth & Rau AG based in Hohenstein-Ernstthal (ISIN DE000A0JCZ51) is a
supplier of plasma process systems for the photovoltaics industry. The
company is a leading supplier in terms of market share in this industry.
Furthermore Roth & Rau supplies components and process systems based on
plasma and ion beam technology for other sectors. Developed by Roth & Rau,
these products are manufactured and distributed worldwide through the
company’s photovoltaic and plasma and ion beam technology divisions. In
fiscal year 2007 Roth & Rau achieved an EBIT of Euro 14 million on sales of
Euro 146 million, employing an average of 190 people. Roth & Rau’s
photovoltaic division focuses on providing antireflective coating
facilities as well as fully automated manufacturing lines (turnkey
production lines) for the production of crystalline silicon solar cells.
Another focus is on the production of equipment for the coating of thin
film solar modules. The plasma and ion beam technology division, which
accounted for around 6 percent of total sales in the financial year 2006,
produces plasma sources and ion beam sources as well as process systems for
thin film and surface technology. Customers served by this division
include, in particular, companies in the semiconductor and automotive
industries, R&D departments in various industries including photovoltaics
as well as research institutes and universities.

This publication constitutes neither an offer to sell nor an invitation to
make an offer to buy securities. The shares in Roth & Rau AG (the 'Shares')
may not be offered or sold in the United States or to or for the account or
benefit of 'U.S. persons' (as such term is defined in Regulation S under
the Securities Act of 1933, as amended (the 'Securities Act')) absent
registration or an exemption from registration under the Securities Act.
The Shares have not been and will not be registered under the Securities
Act. No public offer or sale of securities is being made outside Germany.
Any public offering of Shares or subscription rights to be made in the
United States would only be made by means of a prospectus which would be
available at the company and which would contain detailed information about
the company and its management as well as its financial statements. The
public offer in Germany is being made exclusively by means of and on the
basis of a prospectus published and available free of charge at the Company
An der Baumschule 6 - 8, 09337 Hohenstein-Ernstthal, (fax no. +49 3723 6685
301) and the joint lead managers Commerzbank AG, Kaiserstraße 16
(Kaiserplatz), 60311 Frankfurt am Main, (fax no. +49 69 136 29299) and
Credit Suisse Securities (Europe) Limited, c/o Niederlassung Frankfurt am
Main, Junghofstraße 16, 60311 Frankfurt am Main, (fax no. +49 69 7538
9431).
This publication is for distribution only to persons who (i) have
professional experience in matters relating to investments or (ii) are
persons falling within article 49(2)(a) to (d) ('High Net Worth Companies',
Unincorporated Associations etc.) of the Financial Services and Markets Act
2000 (Financial Promotion) Order 2005 or to whom it may otherwise be
lawfully passed on (all such persons together being referred to as
'Relevant Persons'). This publication is directed only at Relevant Persons
and must not be acted on or relied on by persons who are not Relevant
Persons. Any investment or investment activity to which this publication
relates is available only to Relevant Persons and will be engaged in only
with Relevant Persons.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
CANADA, JA-PAN AND AUSTRALIA.

NICHT ZUR VERBREITUNG IN DEN VEREINIGTEN STAATEN, KANADA, JAPAN UND
AUSTRALIEN.

Contact:
Haubrok Investor Relations GmbH
Simone Gorny
Kaistraße 16
40221 Düsseldorf
Tel.: +49 (0) 211/30126-130
Fax: +49 (0)211/30126-5130
E-Mail: [email protected]

18.04.2008 Financial News transmitted by DGAP

Language: English
Issuer: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: [email protected]
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5

End of News DGAP News-Service