DGAP-News: Bastei Lübbe AG: Publication of a Corporate News announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.
(firmenpresse) - DGAP-News: Bastei Lübbe AG / Key word(s): IPO
Bastei Lübbe AG: Publication of a Corporate News announcement,
transmitted by DGAP - a company of EQS Group AG. The issuer is solely
responsible for the content of this announcement.
27.09.2013 / 15:49
---------------------------------------------------------------------
Publication of a Corporate News announcement, transmitted by DGAP - a
company of EQS Group AG. The issuer is solely responsible for the content
of this announcement.
Bastei Lübbe AG lowers the price range and extends the subscription period
by one day
Cologne, 27 September 2013 - Bastei Lübbe AG lowers the price range for the
shares currently offered in a public offering to EUR 7.50 - 9.00 per share.
Interested investors now have the opportunity to subscribe until 2 October
2013. Shares may be subscribed to by investors either through their bank or
directly over the Deutsche Börse (German Stock Exchange) in Frankfurt.
Subscriptions which have already been submitted are still valid and will be
considered based on the reduced price range, unless investors make use of
their granted right to withdraw their subscription within two working days
after the publication of the supplement to the prospectus, which includes
the change in the price range.
Up to 5,300,000 no par value ordinary bearer shares with no par value
(shares) with a proportionate amount of the share capital of EUR 1.00 per
share are being offered. Of these, up to 3,300,000 million shares from a
capital increase in Bastei Lübbe AG, which would raise the share capital of
EUR 10,000,000.00 to up to EUR 13,300,000.00. The remaining 2,000,000
shares are offered as part of a placement and a possible over-allotment
option from the share holdings of Lübbe Beteiligungs-GmbH. Consequently, a
gross offering size of up to EUR47.7 million is anticipated.
In the Company's view, the reduction of the price range has no adverse
change in the planned strategic investments which should be financed from
the proceeds of the capital increase. The use of proceeds will focus on
intensifying the development of own content as well as on the planned
digitalization and globalization of content and brands.
The offering terms and conditions originate from the Federal Financial
Supervisory Authority (BaFin) approved prospectus and can be found on the
Company's website (www.luebbe.de). A supplement to the prospectus regarding
the price range change and extension of the subscription period is
currently being prepared. After approval by the Federal Financial
Supervisory Authority (BaFin), the supplement will also be published on the
Company's website (www.luebbe.de).
Questions regarding subscriptions can be addressed directly to the
Frankfurt Stock Exchange retail investors hotline (+49 (0) 69/ 211 18310).
About Bastei Lübbe AG
Bastei Lübbe AG is a German publishing and media group long renowned for
bringing popular fiction as well as non-fiction to the mass market. Its
business activities include not only paperback and hardback books in print
form but also audiobooks, e-books, and other digital publications. Its
catalogue includes a wide range of fiction, non-fiction and entertainment
products intended for a wide readership, including not only the various
highly successful paperback fiction series for which Bastei Lübbe has long
been famed but also puzzle books and magazines. The group's business
activities additionally include the licensing of book rights and the
creation, production and marketing of gift, decorative and merchandising
articles.
Bastei Lübbe also owns the following non-consolidated shareholdings in
companies: 90% of MoravskáBastei MOBA, s.r.o. (Brno, Czech Republic), 100%
of Bastei Media GmbH (Erfurt, Germany), 50% of PRÄSENTA PROMOTION
INTERNATIONAL GmbH (Solingen, Germany), and 100% of Bastei Lübbe
Verwaltungs GmbH (Cologne, Germany).
The company also has smaller shareholdings in various book and periodical
distribution companies, none of which exceeds 5% of the respective
company's registered capital.
The business activities of Bastei Lübbe are broadly divided into segments:
Books, Non-Books, and Popular Fiction and Puzzle Publications, which in
turn include various product areas. The group publishes under 13 different
labels, which span its full range of market segments and product areas.
For the fiscal year 2012/2013, 80% of the group's revenues were derived
from the Books segment, while 11% came from Non-Books and the remaining 9%
from Popular Fiction and Puzzle Publications.
At the end of its fiscal year 2012/2013, the number of staff employed by
Bastei Lübbe was 265, compared to 210 at the close of the prior fiscal
year. These figures do not include the 15 staff employed by its
non-consolidated subsidiary MoravskáBastei MOBA, s.r.o. (Brno, Czech
Republic), or at its other non-consolidated subsidiaries and affiliates
(Bastei Media GmbH and PRÄSENTA PROMOTION INTERNATIONAL GmbH). As of the
date of the offering prospectus, the number of staff was 305, a further
increase since the end of fiscal year 2012/2013.
Disclaimer
This publication and the information contained therein do not constitute an
offer to sell or a solicition of an offer to buy or subscribe for
securities of Bastei Lübbe AG. There will be no public offering of
securities of Bastei Lübbe AG outside Germany, Austria and Luxembourg. The
public offering in Germany, Austria and Luxembourg is being made
exclusively on the basis of the securities prospectus (including any
supplements thereto), which has been approved by the Bundesanstalt für
Finanzdienstleistungsaufsicht (BaFin) and which has been notified to the
responsible authorities in Austria and Luxembourg. The prospectus
(including any supplements thereto) is available on the website of Bastei
Lübbe AG (www.lübbe.de) and at the company (Schanzenstraße 6 - 20, 51063
Köln) and is the sole commanding document for the offering. Any decision by
investors to invest in shares of Bastei Lübbe AG should be made exclusively
on the basis of the prospectus (including any supplements thereto).
This publication and the information contained therein are not for
distribution, directly or indirectly, in or into the United States of
America, Canada, Australia and Japan or in any other jurisdiction in which
such offer or solicitation would be restricted by law. Any violation of
these restrictions may constitute a violation of the securities laws of
such jurisdictions.
This publication does not constitute an offer for securities in the United
States. Securities, including the shares of Bastei Lübbe AG within the
offering, may not be sold or offered for sale within the United States or
to or for the account of U.S. persons (as defined in Regulation S under the
U.S. Securities Act of 1933 as amended (the 'Securities Act')) unless they
have been registered under the Securities Act or on the basis of an
exemption from the registration requirement. There is no intention to
register the offering or a part thereof in the United States or to make a
public offering of securities in the United States.
This document includes 'forward-looking statements'. Forward-looking
statements are all statements, which do not describe facts of the past, but
containing the words'believe', 'estimate', 'expect', 'anticipate',
'assume', 'plan', 'intend', 'could', and words of similar meaning. These
forward-looking statements are subject to inherent risks and uncertainties
since they relate to future events and are based on current assumptions and
estimates of Bastei Lübbe AG, which might not occur at all or occur not as
assumed. They therefore do not constitute a guarantee for the occurrence of
future results or performances of Bastei Lübbe AG. The actual financial
position and the actual results of Bastei Lübbe AG, as well as the overall
economic development and the regulatory environment may differ materially
from the expectations, which are assumed explicitly or implicitly in the
forward-looking statements and do not comply to them. Therefore, investors
are warned to base their investment decisions with respect to Bastei Lübbe
AG on the forward-looking statements mentioned in this document. Bastei
Lübbe AG does not assume responsibility to update or amend forward-looking
information mentioned herein or to update or amend forward-looking
information in respect of future events or developments.
Barbara Fischer
Head of Public Relations
Phone: 0049 (0) 221/ 8200 28 50
Mail: barbara.fischer(at)luebbe.de
End of Corporate News
---------------------------------------------------------------------
27.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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
---------------------------------------------------------------------
Language: English
Company: Bastei Lübbe AG
Schanzenstraße 6 - 20
51063 Köln
Germany
Phone: 02 21 / 82 00 - 0
Fax: 02 21 / 82 00 - 1900
E-mail: investorrelations(at)luebbe.de
Internet: www.luebbe.de
ISIN: DE000A1X3YY0, DE000A1K0169
WKN: A1X3YY, A1K016
Listed: Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / intended to be listed
End of News DGAP News-Service
---------------------------------------------------------------------
232410 27.09.2013
Themen in dieser Pressemitteilung:
bastei-luebbe-ag-publication-of-a-corporate-news-announcement
transmitted-by-dgap
a-company-of-eqs-group-ag-the-issuer-is-solely-responsible-for-the-content-of-this-announcement
Unternehmensinformation / Kurzprofil:
Datum: 27.09.2013 - 15:49 Uhr
Sprache: Deutsch
News-ID 300920
Anzahl Zeichen: 1552
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 313 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Bastei Lübbe AG: Publication of a Corporate News announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement."
steht unter der journalistisch-redaktionellen Verantwortung von
Bastei Lübbe AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
