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© Leoni
Electronics Production |

Capital increase of Leoni AG placed successfully

The 10% capital increase of German cable & cable systems manufacturer Leoni AG was placed successfully.

Leoni AG, based in Nuremberg (Germany) placed 2'969'000 new no-par value registered shares out of the capital increase against cash contributions from the company's authorized capital, which the executive board has decided on and the supervisory board has approved on 30 June 2011, at an issue price of Euro 38.00 per share. The new shares were placed with institutional investors by way of an accelerated bookbuilding process. Shareholders' subscription rights were therefor excluded. Leoni AG will receive gross proceeds of the issue of approximately Euro 113 million. The transaction was accompanied by Deutsche Bank AG as sole bookrunner and HSBC as co-lead manager.

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April 15 2024 11:45 am V22.4.27-2
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