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thyssenkrupp AG — Share Issue/Capital Change 2011
Jul 7, 2011
435_rns_2011-07-07_bde34a1d-130d-4dab-b867-c5924014751f.html
Share Issue/Capital Change
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Ad-hoc | 7 July 2011 13:14
ThyssenKrupp AG: Further measure regarding strategic development completed: ThyssenKrupp has successfully placed treasury stock corresponding to 9.6% of capital stock
ThyssenKrupp AG / Key word(s): Transaction in Own Shares
07.07.2011 13:14
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Further measure regarding strategic development completed:
ThyssenKrupp has successfully placed treasury stock corresponding to 9.6%
of capital stock
ThyssenKrupp AG has successfully completed the sale of 49,484,842 treasury
shares, corresponding to 9.6% of the capital stock, in an 'Accelerated
Bookbuilding' process, as announced on July 06, 2011. The shares were
mainly placed with German and international institutional investors.
The treasury shares were sold at a price of 32.95 euros per share and lead
to a cash inflow of 1,631 million euros. The difference against the average
repurchasing price of 30.92 euros (incl. brokerage) will be recognized
directly in equity in the consolidated statement of financial position.
As a result of the sale the free float of ThyssenKrupp AG will increase to
74.7% of the capital stock (384,175,444 shares).
The sale of stock will strengthen the Group's equity and reduce net
financial debt. Therewith, ThyssenKrupp has implemented a further measure
regarding the strategic development program announced in mid-May.
Notice:
This release is a mandatory announcement pursuant to § 15 of the German
Securities Trading Act (Wertpapierhandelsgesetz). Neither this release nor
the information contained herein constitutes an offer to sell or a
solicitation of an offer to buy securities. In particular, this release
also does not constitute an offer to sell or a solicitation of an offer to
buy securities in the United States of America. The securities referred to
herein have not been and will not be registered under the U.S. Securities
Act of 1933, as amended (the 'Securities Act') and may not be offered or
sold in the United States of America absent registration or an exemption
from registration under the Securities Act. ThyssenKrupp AG does not intend
to conduct a public offering of the securities in the United States of
America. The distribution of this release and the offer and sale of
securities of ThyssenKrupp AG may be legally restricted in certain
jurisdictions. Persons reading this release should inform themselves of and
comply with such restrictions.
This release and the information contained herein are not being issued and
may not be distributed in the United States of America, Canada, Japan and
Australia.
Questions should be addressed to Alexander Wilke (Corporate Communications,
Phone +49 201/844-536043) or Dr. Claus Ehrenbeck (Investor Relations, Phone
+49 201/844-536464).
07.07.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: ThyssenKrupp AG
ThyssenKrupp Allee 1
45143 Essen
Deutschland
Phone: +49 (0)201 844-0
Fax: +49 (0)201 844-536000
E-mail: [email protected]
Internet: www.thyssenkrupp.com
ISIN: DE0007500001
WKN: 750000
Indices: DAX
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart;
Terminbörse EUREX
Weitere Informationen im Internet unter Investor Relations: Anleihen / Creditor Relations, Further information can be found on our website under Investor Relations: Bonds / Creditor Relations
End of Announcement DGAP News-Service