DGAP-News: Placement of convertible bonds and shares from a capital increase successfully completed
(firmenpresse) - DGAP-News: Deutsche EuroShop AG / Key word(s): Capital
Increase/Corporate Action
Placement of convertible bonds and shares from a capital increase
successfully completed
14.11.2012 / 10:00
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- Not for release, publication or distribution in the United States,
Canada, Japan or Australia or any other jurisdiction in which offers or
sales of the securities would be prohibited by applicable law -
Placement of convertible bonds and shares from a capital increase
successfully completed
Hamburg, November 14, 2012 - Deutsche EuroShop AG, Hamburg (ISIN
DE0007480204), has successfully completed the placement of senior,
unsecured convertible bonds convertible into shares of Deutsche EuroShop AG
(the 'Bonds') and of new no-par value registered shares (the 'New Shares').
The placement generated proceeds of approximately 167.7 million EUR.
Bonds with a maturity of five years and a total principal amount of EUR 100
million were placed with qualified investors. The initial conversion price
has been set by way of an accelerated bookbuilding process at EUR 35.10
with a coupon of 1.75% p. a., payable semi-annually in arrears. The Bonds
were issued at 100% of their principal amount of EUR 100,000.00 each and
can be converted based on the initial conversion price and the terms and
conditions of the Bonds into a total of 2,849,003 shares of Deutsche
EuroShop AG.
Additionally, 2,314,136 New Shares with entitlement to dividends as from
January 1, 2012 were placed with qualified investors for cash by way of a
concurrent accelerated bookbuilding process. The placement price was EUR
29.25 per New Share, equal to the reference price of the Bonds. With the
implementation of the capital increase, Deutsche EuroShop AG will increase
its registered share capital from EUR 51,631,400.00 by EUR 2,314,136.00 to
EUR 53,945,536.00.
Settlement of the New Shares is expected to take place on or around
November 19, 2012. Settlement of the Bonds is expected to take place on or
around November 20, 2012.
Joint Bookrunners for the offering of the Bonds were BofA Merrill Lynch and
Commerzbank. Joint Bookrunners for the offering of the New Shares were
Commerzbank and Kempen&Co with Close Brothers Seydler as Co-Manager.
This publication constitutes neither an offer to sell nor the solicitation
of an offer to buy securities. In particular, this document constitutes
neither an offer to sell nor the solicitation of an offer to purchase
securities in the United States. The shares in, as well as the convertible
bonds of, Deutsche EuroShop AG (the 'Securities') 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')) absent
registration or an exemption from registration under the Securities Act.
The Securities have not been and will not be registered under the
Securities Act. There will be no public offering of the Securities in the
United States.
The distribution of this announcement and the offer and sale of the
Securities in certain jurisdictions may be restricted by law. Persons into
whose possession this announcement comes are required to inform themselves
about and to observe any such restrictions.
Investment in Securities such as those discussedin this announcement may
expose an investor to a significant risk of losing all of the amount
invested. Each prospective investor should consult its own advisors as to
the legal, tax, business, financial and related aspects of a purchase of
the Securities needed to make its investment decision and to suitability of
the offering for the person concerned. This announcement does not
constitute a recommendation concerning the offering of the Securities.
Merrill Lynch International, Commerzbank, Kempen and Close Brothers Seydler
are acting solely for Deutsche EuroShop AG and no one else and will not be
responsible for providing the protections afforded to customers of Merrill
Lynch International, Commerzbank, Kempen and Close Brothers Seydler nor for
providing advice in relation to the offering of the Securities. The
contents of this announcement have been prepared by and are the sole
responsibility of Deutsche EuroShop AG. None of Merrill Lynch
International, Commerzbank, Kempen or Close Brothers Seydler or any of
their respective directors, officers, employees, advisers or agents accepts
any responsibility or liability whatsoever for or makes any representation
or warranty, express or implied, as to the truth, accuracy or completeness
of the information in this announcement (or whether any information has
been omitted from the announcement) or any other information relating to
Deutsche EuroShop AG, its subsidiaries or associated companies, or for any
loss howsoever arising from any use of this announcement or its contents or
otherwise arising in connection therewith.
The Securities may not be offered to the public in any jurisdiction in
circumstances which would require the preparation or registration of any
prospectus or offering document relating to the Securities in such
jurisdiction. No action has been taken by Deutsche EuroShop AG, Merrill
Lynch International, Commerzbank, Kempen or Close Brothers Seydler or any
of their respective affiliates that would permit an offering of the
Securities or possession or distribution of this announcement or any other
offering or publicity material relating to the Securities in any
jurisdiction where action for that purpose is required.
End of Corporate News
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14.11.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Deutsche EuroShop AG
Oderfelder Straße 23
20149 Hamburg
Germany
Phone: +49 (0)40 413 579-0
Fax: +49 (0)40 413 579-29
E-mail: ir(at)deutsche-euroshop.de
Internet: www.deutsche-euroshop.de
ISIN: DE0007480204
WKN: 748020
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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193151 14.11.2012
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Datum: 14.11.2012 - 10:00 Uhr
Sprache: Deutsch
News-ID 203174
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