Manz Automation AG: Subscription price for new shares determined at EUR 125.00
Company expects gross issue proceeds of around EUR 112 million / Capital increase opens up further potential for growth in Germany and abroad
The capital increase will secure the funds required to finance the Manz Group's further growth. For example, the company is planning to further increase the value added in particular in the solar business by specific acquisitions. Increased R&D investments will also play a key role in this regard. In addition, part of the proceeds from the issue is to be used to refinance the acquisitions the company has made in 2008. Moreover, the company plans to invest in increasing production capacity and further setting up and expanding sales and service locations in Germany and abroad. Furthermore, the company plans to set up a technology and training center for customers and employees at its headquarters in Reutlingen.
Dieter Manz explains: "Growth in the solar sector has only just begun. Many major companies around the world are investing in this sector in order to benefit from this trend. Our capital increase will establish a basis to further increase our position on the global market in future and to realize our ambitious growth plans!"
This publication constitutes neither an offer to sell nor an invitation to make an offer to buy securities. No public offer or sale of transferable securities of Manz Automation AG is being, or will be, made to the public outside Germany. The public offer in Germany is being made exclusively by means of and on the basis of a prospectus. The prospectus is available on the web site of Manz Automation AG under www.manz-automation.com and in printed form free of charge at Manz Automation AG, Steigäckerstraße 5, 72768 Reutlingen, (fax no. +49 7121 / 9000-99) and the joint lead managers COMMERZBANK Aktiengesellschaft, Kaiserstraße 16 (Kaiserplatz), 60311 Frankfurt am Main (fax no. +49 69 / 136-29299) and Credit Suisse Securities (Europe) Limited, c/o Niederlassung Frankfurt am Main, Junghofstraße 16, 60311 Frankfurt am Main (fax no. +49 69 / 7538-9431).
This publication constitutes neither an offer to sell nor an invitation to make an offer to buy securities in the United States. The shares and the subscription rights with regard to shares in Manz Automation AG may not be offered or sold in the United States of America or to or for the account or benefit of "US 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 shares and the subscription rights with regard to shares in Manz Automation AG have not been and will not be registered under the Securities Act. Any public offering of securities or subscription rights to be made in the United States will only be made by means of a prospectus which would be available at Manz Automation AG and which would contain detailed information about Manz Automation AG and its management as well as its financial statements.
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Reutlingen-based Manz Automation AG (ISIN: DE000A0JQ5U3) is one of the world's leading technology providers in terms of market shares for systems for automation, quality assurance and laser process technology for the photovoltaic industry and for automation and wet chemicals for the LCD industry. The Manz Group's core competences are in robotics, image processing, laser technology, wet chemicals as well as control and drive technology. The Manz Group's key strategic divisions are photovoltaic (systems.solar), LCD (systems.lcd) and OEM systems (systems.aico) for automation in various industrial sectors and the life science industry. The Manz Group has sales and service branches in Germany, Taiwan, the USA, China, South Korea, India and Spain. In addition, the Manz Group has its own production facilities in Germany, Slovakia, Hungary, Taiwan and China. The Manz Group recorded revenues of € 71.2 million in fiscal year 2007 with an EBIT margin of 14.1%. More than 57% of revenues were generated abroad, in particular in Asia. The Manz Group recorded revenues of € 101.6 million and an EBIT margin of 11.8% in the first half of fiscal year 2008.