Share Placement
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ARYZTA AG / Share Placement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
THIS PRESS RELEASE AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION
OR DISTRIBUTION, DIRECTLY OR INDIRECTLY TO THE UNITED STATES OF AMERICA,
AUSTRALIA, CANADA AND JAPAN.
Zurich/Switzerland, 11 June 2010.
On Tuesday, 8( )June 2010, ARYZTA AG ("ARYZTA") announced its agreement to
acquire Fresh Start Bakeries ("FSB") for a total consideration of USD 900
million of which up to USD 140 million could be satisfied in ARYZTA shares.
ARYZTA now announces that, following a placing that was initiated and arranged
this morning, 11 June 2010 by UBS AG with a limited number of investors, it has
raised USD 120 million through a placing of 3,312,290 new shares at CHF 41.50
per share. The shares will be issued out of ARYZTA's authorized share capital
under the exclusion of pre-emptive rights and represent 4.08% of its registered
share capital prior to this capital increase.
In light of the placing announced this morning, ARYZTA will now pay for FSB by
way of USD 880 million in cash and up to USD 20 million in ARYZTA shares. The
USD 20 million equity consideration will facilitate certain FSB management who
are currently FSB shareholders and wish to retain a portion of their equity
interest.
The placing is scheduled to settle no later than Friday, 18 June 2010.
The number of shares in issue in ARYZTA following completion of the placing will
increase from 81,180,460 shares (or 78,946,101 shares excluding treasury shares)
to 84,492,750 (or 82,258,391 shares excluding treasury shares).
Enquiries:
Hilliard Lombard
Head of Group Finance and Communications
ARYZTA AG
Tel: +41 (0) 44 583 42 00
info(at)aryzta.com
Important Note
This press release does not constitute (i) an offering prospectus, and no
securities will be offered directly or indirectly to the public, within the
meaning of Art. 652a of the Swiss Code of Obligations, (ii) a listing prospectus
within the meaning of the SIX Swiss Exchange Listing Rules, nor (iii) a
prospectus within the meaning of the EC Directive 2003/71/EC of the European
Parliament and of the Council dated November 4, 2003 (the "Prospectus
Directive").
This communication is only directed 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 communication relates is available only to
relevant persons and will be engaged in only with relevant persons.
THIS PRESS RELEASE DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION
TO SELL, OR ANY SOLICITATION OF ANY OFFER TO PURCHASE ANY RIGHTS, SHARES OR
OTHER SECURITIES IN ANY JURISDICTION, NOR SHALL IT (OR ANY PART OF IT) OR THE
FACT OF ITS DISTRIBUTION, FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH,
ANY CONTRACT THEREFORE. IN ADDITION, THE SECURITIES REFERENCED HEREIN HAVE NOT
BEEN AND ARE NOT INTENDED TO BE REGISTERED UNDER THE US SECURITIES ACT OF 1933,
AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT
REGISTRATION UNDER THAT ACT OR AN AVAILABLE EXEMPTION FROM REGISTRATION
REQUIREMENTS UNDER THAT ACT.
[HUG#1423239]
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ARYZTA AG
Talacker 41 Zurich Schweiz
Unternehmensinformation / Kurzprofil:
Datum: 11.06.2010 - 07:30 Uhr
Sprache: Deutsch
News-ID 22249
Anzahl Zeichen: 0
contact information:
Town:
Zurich
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"Share Placement"
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