Hornbach Holding AG & Co. KGaA / Key word(s): Corporate Action
22.10.2015 18:19
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Hornbach family announces private placement
Neustadt an der Weinstrasse, October 22, 2015.
The family trust Hornbach Familien-Treuhandgesellschaft mbH, Annweiler,
today decided to place one million non-par ordinary bearer shares in
Hornbach Holding AG & Co. KGaA on the capital market. This was announced by
the principal shareholder in the KGaA today.
The private placement of 6.25% of the share capital in Hornbach Holding AG
& Co. KGaA will thus be executed by way of an accelerated book building
process performed by Joh. Berenberg, Gossler & Co. KG and Commerzbank AG
and is expected to be completed by tomorrow, Friday, October 23, 2015. With
this transaction, the family trust is selling half of the two million
shares it bought back from the former strategic partner Kingfisher plc at
the end of March 2014. It was further announced that the family trust had
undertaken within the private placement to comply with a customary market
lock-up period of three months. Upon completion of the secondary placement,
the family will hold 43.75% of the share capital of Euro 48 million in the
KGaA, which is divided into 16 million listed non-par ordinary bearer
shares with voting entitlement (ISIN: DE0006083405).
22.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Hornbach Holding AG & Co. KGaA
Le Quartier Hornbach 19
67433 Neustadt an der Weinstraße
Germany
Phone:
Fax:
E-mail:
Internet:
ISIN: DE0006083405
WKN: 608340
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of Announcement DGAP News-Service
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