Capital increase raises new equity for Wienerberger
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA- Net proceeds of approx. EUR 318 million- Strengthening of Wienerberger's balance sheet and financialflexibilityVienna, September 30, 2009 - Wienerberger AG successfully completedits capital increase by placing 33,579,075 new ordinary shares,representing 40% of the existing share capital. The capital increasewill generate gross proceeds of approx. EUR 336 million and, afterdeduction of costs and taxes, net proceeds of approx. EUR 318million. Wienerberger intends to use the net proceeds primarily torepay debt in order to strengthen its balance sheet and reinforce theCompany's financial flexibility.Strong shareholder support for capital increaseThe subscription offer was primarily offered to existing Wienerbergershareholders who benefitted from the favourable subscription price ofEUR 10 per share which was fixed prior to the start of thesubscription period. Shareholders were entitled to 2 new shares forevery 5 existing shares held. 98% of all subscription rights havebeen exercised.The new shares for which subscription rights have not been exercised("rump") have been offered and placed with institutional investors inan international offering. Trading of the new shares which carry fulldividend entitlement as of January 1, 2009 is expected to start onOctober 1, 2009 on the Vienna Stock Exchange.Current market capitalization of EUR 1.6bnFollowing the capital increase, Wienerberger's share capital hasincreased from 83.9 million shares to 117.5 million shares as aresult of which the current market capitalisation is approx. EUR 1.6billion. ABN AMRO, Morgan Stanley and UniCredit have been acting asJoint Bookrunners and Underwriters in the transaction.Reinforcement of financial flexibilityWienerberger will use the net proceeds from the offering primarily torepay debt in order to strengthen its balance sheet. The capitalincrease not only broadens Wienerberger's financial headroom but alsomaintains its access to financial markets and supports the Company'srating in the medium term. "I'm very pleased with the result of thecapital increase. Thanks to the support and trust of ourshareholders, I'm confident that we have now the basis to positionthe Company at the forefront of our industry to create value goingforward", concludes Heimo Scheuch, CEO of Wienerberger.Wienerberger: the world's largest producer of bricksWienerberger is the world's largest producer of bricks and secondlargest in the clay roof tile market in Europe, and also holdsleading positions with pavers in Europe, with currently 236 plants in26 countries. For the year ended December 31, 2008, the Group hadrevenues of EUR 2,431 million and operating EBITDA of EUR 440million.Download the press release from www.wienerberger.com.For additional information contact:Barbara Braunöck, Head of Investor und Public RelationsT +43(1) 60192-467 | communication(at)wienerberger.comLegal Disclaimer:This press release serves marketing purposes in Austria. The offer ofsecurities of Wienerberger AG in Austria is being made solely bymeans and on the basis of the published prospectus in accordance withthe provisions of the Austrian Capital Markets Act, which has beenpublished at the homepage of the company under www.wienerberger.comand is available free of charge at Wienerberger AG (Wienerbergstraÿe11, A-1100 Vienna).This press release is not for distribution in or into the UnitedStates of America and must not be distributed to U.S. persons (asdefined in Regulation S under the U.S. Securities Act of 1933, asamended ("Securities Act")) or publications with a generalcirculation in the United States. This press release does notconstitute an offer or invitation to purchase any securities in theUnited States. The securities of Wienerberger AG have not beenregistered under the Securities Act and may not be offered, sold ordelivered within the United States or to U.S. persons absentregistration under the Securities Act or an applicable exemption fromthe registration requirements of the Securities Act. There will be nopublic offer of securities of Wienerberger AG in the United States.This press release is directed only at persons (i) who are outsidethe United Kingdom or (ii) who have professional experience inmatters relating to investments falling within Article 19(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order2005 (as amended) (the "Order") or (iii) who fall within Article49(2)(a) to (d) ("high net worth companies, unincorporatedassociations etc.") of the Order (all such persons together beingreferred to as "Relevant Persons"). Any person who is not a RelevantPerson must not act or rely on this communication or any of itscontents. Any investment or investment activity to which thiscommunication relates is available only to Relevant Persons and willbe engaged in only with Relevant Persons.http://hugin.info/132489/R/1345072/322712.pdf --- End of Message ---Wienerberger AGWienerbergstraÿe 11 Vienna AustriaWKN: 83170; ISIN: AT0000831706; Index: WBI, ATX , ATX Prime;Listed: Prime Market in Wiener Boerse AG;
Datum: 30.09.2009 - 18:26 Uhr
Sprache: Deutsch
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