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

Reutlingen, (PresseBox) - Today, Manz Automation AG's Managing Board, with the approval of the Supervisory Board, has determined the subscription price for the capital increase against cash contributions resolved on June 10, 2008, at EUR 125.00 per share. A total of 896,011 no-par value bearer shares will be issued, resulting in gross proceeds from the issue of around EUR 112 million. Subscription rights can be traded from today until June 25, 2008 (inclusive) under ISIN DE000A0SFR65 in the Open Market of the Frankfurt Stock Exchange (floor trading). The subscription rights can be exercised until June 27, 2008 (inclusive). Subscription rights that are not exercised during the subscription period expire or will be sold at the best possible terms if the respective terms of custody so permit.

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 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.

This publication is for distribution only to persons who (i) have professional experience in matters relating to investments or (ii) are persons falling within article 49(2) (a) to (d) ("High Net Worth Companies", Unincorporated Associations, etc.) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 or to whom it may otherwise be lawfully passed on (all such persons together being referred to as "Relevant Persons"). This publication is directed only 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 publication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Manz AG

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 (, 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.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.

I want to subscribe to the gratis press mail and have read and accepted the conditions.