Micronas Semiconductor Holding AG
Micronas: 2.2 million shares subscribed for in the Rights Offering
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Press release
Embargoed / not for release in the United States, Canada, Japan or Australia
Micronas: 2.2 million shares subscribed for in the Rights Offering
Micronas announces today that in its Rights Offering to existing shareholders
in certain jurisdictions outside the United States it received subscriptions
for approximately 2.2 million registered shares. Up to 2.4 million registered
shares will be available for allocations to new investors in the Global
Offering. The bookbuilding period for the Global Offering will run until today,
December 11, 2003.
end of ad-hoc-announcement (c)DGAP 11.12.2003
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
During the subscription period for existing shareholders for the 1:6 Rights
Offering (December 3, 2003 to December 10, 2003, 12:00 noon CET), approximately
2.2 million registered shares were subscribed for by existing shareholders of
Micronas. This corresponds to a rights take-up of 48.3 % of the offered
registered shares.
Following the Rights Offering, approximately 2.0 million registered shares are
offered in the Global Offering, which will run until today, December 11, 2003.
The Global Offering comprises a public offering in Switzerland and private
placements to institutional investors in certain other jurisdictions. In
addition, there is an over-allotment option of 455’000 additional shares. The
offer price, which will be the same for the Rights Offering and the Global
Offering, will be announced before the market opens on Friday, December 12,
2003.
The new shares will be fungible with the currently outstanding registered
shares of Micronas and will be eligible for trading on the SWX Swiss Exchange
as of Friday, December 12, 2003. Application has also been made for the new
shares to be listed in the Prime Standard segment (TecDAX) in Frankfurt with
trading expected to commence on or about December 15, 2003.
Credit Suisse First Boston is acting as lead manager and bookrunner of the
Rights Offering and the Global Offering.
The Micronas Group is a leading independent supplier of innovative application-
specific semiconductor solutions for consumer and automotive electronics. Its
shares are listed on the SWX Swiss Exchange and on the Prime Standard segment
(TecDAX) in Frankfurt.
Zurich, December 11, 2003, Micronas Semiconductor Holding AG
For further information: Susy Krucker, Investor Relations
phone: +41 1 445 39 60, e-mail: investor@micronas.com
This press release is neither an offering memorandum pursuant to article 652a
of the Swiss Code of Obligations nor a listing prospectus pursuant to the
listing rules of the SWX Swiss Exchange. This document does not constitute, or
form part of, an offer, or solicitation of an offer, or invitation to subscribe
for or purchase any shares or other securities in Micronas Semiconductor
Holding AG. Therefore, the information contained in this press release is not
complete and must be read in connection with the information contained in the
offering circular dated December 11, 2003. Any decision to buy or subscribe for
shares in Micronas Semiconductor Holding AG should be based exclusively on the
offering circular dated December 11, 2003. In addition, investors are advised
to consult their bank or financial advisor.
This announcement may not be published or distributed in or transmitted into
the United States, Canada, Japan or Australia. This announcement does not
constitute an offer to sell or the solicitation to buy the securities discussed
herein. Neither the subscription rights nor the securities mentioned herein
have been, and will be, registered under the United States Securities Act of
1933 (the “Securities Act”) and may not be offered or sold in the United States
or to, or for the account or benefit of, U.S persons, except pursuant to an
exemption from the registration requirements of the Securities Act. There will
not be any offer, solicitation or sale of these securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of such jurisdiction.
Any offering of securities will be made only by means of a prospectus/listing
particulars that will contain detailed information about Micronas and its
management, as well as financial statements.
The contents of this announcement, which has been issued by, and is the sole
responsibility of, Micronas, has been approved solely for the purposes of
section 21 of the Financial Services and Markets Act 2000 by Credit Suisse
First Boston (Europe) Limited of One Cabot Square, London E14 4QJ.
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WKN: 910 354 ; ISIN: CH0012337421; Index: TecDAX, NEMAX 50
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; Zürich
110730 Dez 03
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