SGL CARBON SE — Capital/Financing Update 2004

Jan 20, 2004

News Details

Ad-hoc | 20 January 2004 17:27

SGL Carbon lays down details of capital increase

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SGL Carbon lays down details of capital increase WIESBADEN, January 20, 2004. The Executive Committee and the Supervisory Board of SGL Carbon AG today determined the details of the Companys planned cash capital increase. The share capital will be increased by approximately Euro 85.2 million, from approximately Euro 56.7 million to just under Euro 142 million. SGL Carbon shareholders will be offered the new shares at a ratio of 2 to 3 which means that they can subscribe three new shares for two existing shares held. The subscription price is Euro 8. The subscription period starts on Thursday, January 22 and ends on Thursday, February 05, 2004. The capital increase, which will be offered to shareholders for subscription by the mandated bank syndicate, is expected to raise a net amount of approximately Euro 245 million. end of ad-hoc-announcement (c)DGAP 20.01.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Information and explanations from the issuers for this ad-hoc announcement: No distribution in the U.S.A., Canada, Japan and Australia: This press release and the information contained herein is not being distributed, and is not for distribution, in the United States of America, to U.S. persons (including legal entities), or to publications with a general circulation in the United States, Canada, Japan and Australia. No offer: This announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein. Securities may not be offered or sold in the United States absent registration or an exemption from registration; any public offering of securities in the United States must be made by means of a prospectus that may be obtained from the issuer and that contains detailed information about the company and management as well as financial statements. The securities of SGL Carbon described herein have not been and will not be registered under the U.S. securities laws. The rights will not be available to U.S. persons, and the offering will not be directed at those persons. Forward-looking statements: This press release contains forward-looking statements. These statements reflect the current belief of SGL Carbons management as well as assumptions made by, and information available to, the SGL Group. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual future results and developments could differ materially from those set forth in these statements due to various factors. These factors include, among others, changes in the general economic and competitive situation, particularly in SGL Carbons businesses and markets; changes resulting from acquisitions and the subsequent integration of companies; and changes resulting from restructuring measures. In addition, future results and developments could be affected by the performance of financial markets, fluctuations in exchange rates and changes in national and supranational law, particularly with regard to tax regulations. The company assumes no obligation to update future statements. ——————————————————————————– WKN: 723530; ISIN: DE0007235301; Index: MDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 201727 Jän 04