voestalpine AG — Capital/Financing Update 2002

Apr 10, 2002

News Details

Ad-hoc | 10 April 2002 07:31

voestalpine AG english

Capital increase of voestalpine AG Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Capital increase of voestalpine AG voestalpine is issuing up to 6.6 million new ordinary shares (representing up to 20% of its existing share capital) in a combined rights and global offering which consists of a rights offering to existing shareholders, a public offering in Austria and an international private placement to institutional investors including a Rule 144A placement in the US. The subscription and offer period runs from 10 April until 24 April 2002. The rights issue is being conducted at a ratio of 5:1, i.e. through exercise of non- tradeable subscription rights shareholders are entitled to 1 new share for every 5 existing shares held. New shares not taken up by existing shareholders in the rights offering will be placed with new investors in the global offering. The subscription and offer price in the rights and global offering will be identical and determined in a bookbuilding procedure, but will be set below or equal to a maximum price of EUR 36 per share. The final subscription and offer price is expected to be announced on 25 April 2002. The new shares are expected to start trading in the prime market (ATX segment) of the Vienna Stock Exchange on 30 April 2002. This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares in voestalpine Aktiengesellschaft (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 U.S. Securities Act of 1933, as amended (the “Securities Act”)) unless registered under the Securities Act or pursuant to an exemption from such registration. The Shares have not been and will not be registered under the Securities Act. Any offer of Shares in the United States will be made by means of a prospectus that will contain detailed information about voestalpine Aktiengesellschaft and its management, as well as financial statements. end of ad-hoc-announcement (c)DGAP 10.04.2002 ——————————————————————————– WKN: 093750; ISIN: AT0000937503; Index: ATX Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, Hamburg, München, Stuttgart; London 100731 Apr 02