DGAP-News: China Specialty Glass AG: First price at EUR 9.00
(firmenpresse) - DGAP-News: China Specialty Glass AG / Key word(s): IPO
China Specialty Glass AG: First price at EUR 9.00
01.07.2011 / 09:51
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Grünwald/Munich, July 1, 2011 - Today, the stocks of China Specialty Glass
AG (CSG) started trading in the Prime Standard of the Frankfurt Stock
Exchange at EUR 9.00. Thus, the first price equaled the level of the issue
price of EUR 9.00. In the context of the IPO, CSG placed 2,650,000 new
shares deriving from a capital increase. In addition, 350,000 shares were
allotted in the context of a greenshoe option. The company is going to
receive gross proceeds of EUR 23.85 million. The shares of CSG will be
traded with the ISIN DE000A1EL8Y8, Securities Identification No. (WKN)
A1EL8Y and ticker symbol 8GS. The free float amounts to around 28 per cent
on the first day of trading.
Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager of the
transaction had been VISCARDI AG. biw Bank für Investments und Wertpapiere
AG, assisted by its tied agent (sec. 2 para. 10 KWG) Silvia Quandt&Cie.
AG, acted as Joint Bookrunner and Joint Lead Manager.
About China Speciality Glass AG
China Speciality Glass AG is the German holding company of China Specialty
Glass Group. The group develops, produces and sells specialty glass. The
company's major products sold under its 'Hing Wah' brand are security
glass, which includes bulletproof glass, intruder resistant glass, bomb
blast resistant glass and self-defence glass as well as construction glass,
which includes architecture laminated glass, architecture tempered glass,
fire resistant glass, hollow glass and electric-controlled colour-changing
glass. For security glass products in the Chinese banking and automotive
industry, the Group is one of the market leaders both in terms of
production output and market share.
For further requests please contact:
Kirchhoff Consult AG
Dr. Kay Baden
T: +49 40 60 91 86 39
F: +49 40 60 91 86 60
E-Mail: baden(at)kirchhoff.de
or visit www.csg-ag.com
Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to
buy securities China Specialty Glass AG. The shares have already been sold.
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 of China
Specialty Glass AG (the 'Shares') have not been 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 unless registered under the Securities
Act or pursuant to an exemption from such registration. There will be no
public offering of the Shares in the United States and the Shares will not
be registered under the Securities Act.
This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all such
persons together being referred to as 'relevant persons'). The Shares are
only available to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should not act or
rely on this document or any of its contents.
This document has been delivered to you on the basis that you are a person
into whose possession this document may be lawfully delivered in accordance
with the laws of the jurisdiction in which you are located and you may not
deliver this document to any other person and you agree not to copy or
retransmit this document or its contents. In particular, this document may
not be forwarded or retransmitted to any person located in the United
States, Canada, the People's Republic of China or Japan.
The information in this document is subject to change and does not purport
to be a complete description of new shares or the offer. The syndicate
banks accept no liability whatsoever for any direct or consequential loss
arising from the use of this document. To the maximum extent permitted by
law, the syndicate banks and their respective directors, officers and
employees shall have no liability whatsoever for any loss or liability of
any kind arising in respect of the information contained, or not being
contained, in this document. The syndicate banks and their respective
directors, officers and employees may, from time to time, have long or
short positions in, buy or sell (on a principal basis or otherwise), and
may act as market makers in, the securities or derivatives, or serve as a
director of any companies mentioned herein. In addition, the syndicate
banks may be serving or have served as a corporate adviser and/or manager
of a public offering of securities by any such company. The syndicate banks
will receive fees for acting in that capacity.
End of Corporate News
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01.07.2011 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: China Specialty Glass AG
An den Römerhügeln 1
82031 Grünwald
Deutschland
Phone: +49 (0)89 189 42 52 27
Fax: +49 (0)89 189 42 52 28
E-mail: ir(at)csg-ag.com
Internet: http://www.csg-ag.de
ISIN: DE000A1EL8Y8
WKN: A1EL8Y
Listed: Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / intended to be listed
End of News DGAP News-Service
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130539 01.07.2011
Datum: 01.07.2011 - 09:51 Uhr
Sprache: Deutsch
News-ID 34517
Anzahl Zeichen: 0
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Kategorie:
Business News
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