Free Float of Heidelberg Increased Significantly
05/17/2001
In addition, Commerzbank AG had made available a greenshoe option of an additional 775,000 shares. Within very short time all shares were successfully placed at national and international institutional investors through Commerzbank AG and Merrill Lynch.
This successful placement proves the strong demand for Heidelberg shares. The Management Board of Heidelberg is convinced that in the future Heidelberg will increase its free float according to its global market position and to an adequate market capitalization.
On March 27, 2001 the Supervisory Board of RWE had decided to sell up to 6.15 percent of its 56.15 percent stake in Heidelberg
RWE has agreed not to sell any additional shares for the next 180 days.
For further information:
Heidelberger Druckmaschinen AG
Investor Relations
Dirk Kaliebe
Tel.: +49 (0)6221 92 60 20
Fax: +49 (0)6221 92 60 61
e-mail:
Company Profile
Over the course of its more than 150-year history, Heidelberg has grown from a traditional printing press manufacturer to become the world's largest solutions provider for the print media industry. With its seamlessly integrated hardware and software solutions, it has established a commanding lead over other market players. Heidelberg is a one-stop supplier of everything from prepress solutions to a wide range of products for printing and finishing processes, relevant training and accompanying services. More
