SiC Processing AG
SiC Processing AG: SiC Processing AG sets price range at EUR 6.50 to EUR 8.50
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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SiC Processing AG sets price range at EUR 6.50 to EUR 8.50
Acting in conjunction with the selling shareholder, Garbo Servizi S.r.l.,
as well as UniCredit Markets & Investment Banking (Bayerische Hypo- und
Vereinsbank AG) as Sole Bookrunner and Sole Global Coordinator, the
Managing Board of SiC Processing AG has set the bookbuilding range for the
company’s shares offered in the context of the upcoming IPO. Bids within
the price range of EUR 6.50 to EUR 8.50 per share may be submitted. The
public offer comprises up to 6,500,000 shares plus a greenshoe option of
975,000 shares. The subscription period will start on November 23 and is
scheduled to end on November 28, 2006 at 12:00 h (CET) for private
investors and at 14:00 h (CET) for institutional investors. The final
offering price will presumably be determined in the evening of November 28.
The first listing of the shares in the official market (Prime Standard) of
the Frankfurt Stock Exchange is scheduled for November 29.
The Management Board
Hirschau, Nov. 22, 2006
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Information and Explaination of the Issuer to this News:
This publication constitutes neither an offer to see nor an invitation to
buy or to subscribe securities. The offer will be made exclusively by means
of and on the basis of the securities prospectus published and deposited at
the Federal Agency for the Supervision of Financial Services (Bundesanstalt
für Finanzdienstleistungsaufsicht, BaFin). The Securities Prospectus is
available free of charge with the issuer and with the issuing bank and on
the internet under www.sic-processing.com.
This information is not meant to be published and must not be published in
the United States of America. This publication does not constitute an offer
to sell securities in the United States of America. The securities
mentioned in this publication are not and will not be registered pursuant
to provisions of the US Securities Act 1993 as amended and may only be sold
or offered for purchase upon registration or based on an exemption from the
requirement to register. The shares are not and will not be publicly
offered in the USA.
About SiC Processing AG:
SiC Processing AG offers its customers in the wafer industry a
comprehensive range of services for the processing of sawing slurries used
in the production of wafers for the photovoltaics and semiconductor
industries. Based in Hirschau, Germany, the technology company has four
locations worldwide. In addition to the recovery and processing service
proper, SiC Processing AG offers its customers comprehensive and customised
logistics services. On a pro-forma basis, i.e. including the activities in
Italy, Norway and the USA, which were integrated into the SiC Group only in
2006, 2005 sales totalled approx. EUR 19.0 million. Pro-forma EBIT for the
year 2005 amounted to EUR 2.2 million. In the first nine months of 2006,
sales and earnings of SiC Processing continued to grow at double-digit
rates. The SiC Group almost doubled its production capacities in 2005. At
the end of 2006, the Group is expected to have installed a production
capacity of up to 65,500 t of sawing slurry per year.
Haubrok Investor Relations
Frank Ostermair / Michael Müller
+49 (0) 211-301260
m.mueller@haubrok.de
(c)DGAP 22.11.2006
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Language: English
Issuer: SiC Processing AG
Dienhof 26
92242 Hirschau Deutschland
Phone: +49 (0)9622/7039-400
Fax: +49 (0)9622/7039-325
E-mail: info@sic-processing.com
WWW: www.sic-processing.com
ISIN: DE000A0LBF86
WKN: A0LBF8
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / designated to be listed
End of News DGAP News-Service
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