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Sixt Leasing AG IPO: Exercise of the Greenshoe option and premature termination of the stabilization period
Sixt Leasing AG / Key word(s): Miscellaneous Sixt Leasing AG IPO: Exercise of the Greenshoe option and premature termination of the stabilization period
Pullach, 27 May 2015 - In connection with the initial public offering (IPO) of Sixt Leasing AG, COMMERZBANK Aktiengesellschaft was authorized to act as stabilization manager and to take stabilization measures to support the market price of the shares in Sixt Leasing AG for a period of up to 30 calendar days after the first listing of the shares of Sixt Leasing AG on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) on 7 May 2015. COMMERZBANK Aktiengesellschaft announced on 22 May 2015, that stabilization measures were conducted on 7 May 2015 and that a total of 400,000 shares in Sixt Leasing AG (ISIN: DE000A0DPRE6, WKN: A0DPRE) were repurchased on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. The shareholder Sixt SE had granted to the joint bookrunners Joh. Berenberg, Gossler & Co. KG, COMMERZBANK Aktiengesellschaft and Baader Bank Aktiengesellschaft in connection with the IPO of Sixt Leasing AG a Greenshoe option to acquire up to 1,631,081 shares in Sixt Leasing AG. This Greenshoe option was exercised on 22 May 2015 in respect of 1,213,081 shares. The stabilization period was hence terminated prematurely. After the exercise of the Greenshoe option, the final gross net proceeds of the IPO of Sixt Leasing AG amount thus to EUR 239 million, with a free float of 58.1%. After the exercise of the Greenshoe option, the share of the major shareholder Sixt SE results in 41.9%. Björn Waldow, CFO of Sixt Leasing AG: "The premature termination of the stabilization period marks the successful completion of the IPO of Sixt Leasing AG." Contact: Forward-Looking Statements: Disclaimer: In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This publication constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold. 2015-05-27 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Sixt Leasing AG | |
Zugspitzstraße 1 | ||
82049 Pullach | ||
Germany | ||
Phone: | +49 (0)89 744 44 - 5104 | |
Fax: | +49 (0)89 744 44 - 8 5104 | |
E-mail: | [email protected] | |
Internet: | http://www.sixt-leasing.de | |
ISIN: | DE000A0DPRE6 | |
WKN: | A0DPRE | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
End of News | DGAP News-Service |
362213 2015-05-27 |