Ad hoc: Capital Increase of Thiel Logistik AG
Grevenmacher / Luxembourg - The Board of Directors of Thiel Logistik AG intends to proceed with a capital increase of up to EUR 7,187,500.00 through the issuance of up to 5,750,000 new bearer shares out of authorized capital without pre-emptive rights. The 5,750,000 newly issued shares are due to be placed on March 12 with institutional investors (including a US private placement under rule 144 A) via an accelerated bookbuilding. Additionally up to 800,000 shares from a second capital increase without preemptive rights will be included in an overallotment-option granted to Dresdner Kleinwort Wasserstein who will act as Sole Bookrunner for the Offering. For execution of the transaction the up to 6,550,000 shares will be initially provided via a share lending agreement. The proceeds from the capital increase will primarily be used to finance the realization of major outsourcing projects and the global roll-out of the successful HealthCare Logistics + Services business model, thus securing and increasing Thiel`s market share. This ad hoc release is for information purposes only and is not an offer to sell, or the solicitation of an offer to buy, any securities. In connection with this transaction there has not been, nor will there be, any public offering of shares in Thiel Logistik AG. The distribution of this press release and the offer and sale of Thiel securities in certain jurisdictions may be restricted by law. Any persons reading this press release should inform themselves of and observe any such restrictions.
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