Stabilus SA (Luxembourg) resolves capital increase

Stabilus SA (Luxembourg)

Today, the Management Board of Stabilus S.A. (Frankfurt Stock Exchange, Prime Standard, ISIN LU1066226637, WKN A113Q5), with the approval of the Supervisory Board, resolved to utilize some of its existing authorized capital to increase the share capital against cash contributions under exclusion of shareholders’ subscription rights. The Company’s nominal share capital will increase from EUR 207,232.56 by EUR 39,767.44 to EUR 247,000.00 via issuance of 3,976,744 new bearer shares. The issuance represents approx. 19.2% of the current share capital of the Company.

The new shares to be issued will be admitted to trading on the Regulated Market of the Frankfurt Stock Exchange with a simultaneous listing in the Prime Standard segment of the Regulated Market, where additional disclosure requirements apply. The listing of shares will be effected based on the securities prospectus to be published which has been approved by the Luxembourg financial supervisory authority Commission de Surveillance du Secteur Financier (CSSF).

The new shares will carry full dividend rights for the business year started as of October 1 2015, and will be offered to institutional investors in a private placement by way of an accelerated bookbuilding. The placement price will be determined in the course of the accelerated bookbuilding.

Net proceeds from the capital increase will primarily be used for the partial financing of the acquisition of SKF entities ACE, Hahn Gasfedern and Fabreeka/Tech Products. Moreover, the capital increase will further strengthen the financial flexibility enabling further growth of the Stabilus Group.

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