HOCHTIEF Concessions AG
HOCHTIEF Concessions AG: HOCHTIEF ends IPO plans for HOCHTIEF Concessions
HOCHTIEF Concessions AG / IPO 03.12.2009 Dissemination of an Ad hoc announcement according to ยง 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- HOCHTIEF Aktiengesellschaft has decided, together with HOCHTIEF Concessions AG, not to pursue further the plans of an IPO of HOCHTIEF Concessions AG for the time being. As a result of the most recent disturbances in the international capital markets, the capital market environment has deteriorated decisively. Under these conditions, the target value defined by the two companies cannot be realized. For the Management teams of both companies, an under-value sale is out of the question. * * * Notes: These materials are not an offer of securities for sale in any jurisdiction, including any jurisdiction of the United States. Securities may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the U.S. Securities Act. HOCHTIEF Aktiengesellschaft and HOCHTIEF Concessions AG do not intend to conduct a public offering of securities in the United States. The offering of securities HOCHTIEF Concessions AG described in this document has not been and will not be registered pursuant to the U.S. Securities Act, and accordingly, any offer or sale of these securities in the United States may be made only in a transaction exempt from registration under the Securities Act. This document does not constitute an offer of securities to the public in the United Kingdom. This announcement is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the 'Order') or (iii) who fall within article 49(2)(a) to (d) ('high net worth companies, unincorporated associations etc.') of the Order (all such persons together being referred to as 'Relevant Persons'). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Cautionary note regarding forward-looking statements: This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management board of HOCHTIEF Aktiengesellschaft and HOCHTIEF Concessions AG and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting HOCHTIEF Aktiengesellschaft and/or HOCHTIEF Concessions AG, and other factors. Neither HOCHTIEF Concessions AG nor HOCHTIEF Aktiengesellschaft assume any obligations to update any forward-looking statements. 03.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: HOCHTIEF Concessions AG Alfredstr. 236 45133 Essen Deutschland Phone: 0201/824 1249 Fax: 0201/824 1838 E-mail: concessions@hochtief.com Internet: www.hochtief-concessions.de ISIN: DE000A1A60H7 WKN: A1A60H Listed: Regulierter Markt in Frankfurt (Prime Standard) Notierung vorgesehen / Designated to be listed End of News DGAP News-Service ---------------------------------------------------------------------------
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