Press release BoxID: 786889 (Senvion Deutschland GmbH)

Senvion Deutschland GmbH
Überseering 10
22297 Hamburg, de
http://www.senvion.com/gmbh/de

Contact person
Verena Puth
+49 (40) 5555090-3051

Senvion relaunches private placement of up to 18,687,500 shares at EUR 15.50-17.00 per share

(PresseBox) ( Hamburg, 16-03-21 )

Against the background of numerous investor inquiries, Senvion S.A. and its shareholders Centerbridge and Arpwood have decided to relaunch a private placement and listing of shares on revised terms: The placement price is now in the range of EUR 15.50 and EUR 17.00 per share.

The selling shareholders are offering up to 18,687,500 million shares in the private placement: a base offer of 16,250,000 million shares, and an additional 2,437,500 shares to cover potential over-allotments. In order to cover potential over-allotments, the selling shareholders have granted the underwriters an option to purchase up to 2,437,500 shares in addition to the base shares (greenshoe option). The placement price per share is expected to be determined on 22 March 2016, Senvion shares are expected to start trading on the regulated market segment of the Frankfurt Stock Exchange (Prime Standard) on 23 March 2016.

Assuming full exercise of the greenshoe option, the free float following the private placement is expected to amount to approximately 28.75% of Senvion's issued and outstanding share capital.

Senvion Deutschland GmbH

Senvion is a leading global manufacturer of onshore and offshore wind turbines. The international mechanical engineering company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 megawatts ("MW") to 6.2 MW and rotor diameters of 82 meters to 152 meters. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The profitable and reliable systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 3,900 employees worldwide, the company - headquartered in Hamburg - makes use of the experience gained from the manufacture and installation of more than 6,600 wind turbines around the world. Senvion is represented in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia and Canada.

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