Free Float of Heidelberg to Increase to Above 20 Percent |
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| 05/17/2001 |
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The transaction will focus on national and international institutional investors and will be offered through Commerzbank AG and Merrill Lynch. In addition Commerzbank has made available a greenshoe option of an additional 775,000 shares.
This transaction will increase the free float of Heidelberg significantly above 20 percent. RWE has agreed not to sell any additional shares of Heidelberg for the next 180 days.
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.
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:
dirk.kaliebe@heidelberg.com
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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.
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