Siltronic IPO: Greenshoe Option Fully Exercised
Munich, Jun 16, 2015
In connection with the IPO of Siltronic AG, the syndicate banks have informed WACKER that the greenshoe option was fully exercised on June 15, 2015. The greenshoe option covered 1,650,000 WACKER-held Siltronic shares that had been made available to the syndicate banks for over-allotment.
With the greenshoe option exercised in full, the total number of Siltronic AG shares placed with investors reached 12,650,000, as previously announced. The total placement proceeds stand at €379.5 million and the free float amounts to 42.2 percent.
The stabilization period ended upon the exercise of the greenshoe option on June 15, 2015. No measures were taken to stabilize the share price.
The securities of Wacker Chemie AG and Siltronic AG have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
This press release contains forward-looking statements based on assumptions and estimates of WACKER’s Executive Board. Although we assume the expectations in these forward-looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and un¬certainties that may cause the actual figures to differ con¬siderably from the forward-looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward-looking statements, nor does it assume the obligation to do so.
Wacker Chemie AG
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