27.09.2013 Ultrasonic AG  DE000A1KREX3

DGAP-News: Ultrasonic AG: Public tender offer for bonus shares ended


 
DGAP-News: Ultrasonic AG / Key word(s): Dividend/Share Buyback Ultrasonic AG: Public tender offer for bonus shares ended 27.09.2013 / 18:20 --------------------------------------------------------------------- Public tender offer for bonus shares ended - Ultrasonic AG has repurchased 16.9% of the bonus shares previously issued by the company - Bonus shares expected to be converted to main ISIN on October 3rd, 2013 Cologne, September 27, 2013 - Under a public tender offer which ended on September 25, 2013, 101,950 bonus shares previously issued by Ultrasonic AG (Prime Standard, ISIN DE000A1KREX3, US5), the German holding company of an established Chinese producer and supplier of branded urban footwear products, were tendered to the company by shareholders for repurchase at a price of EUR 9.20 per share. Hence, Ultrasonic AG has repurchased 16.9% of the bonus shares previously issued by the company. The major shareholder had previously given a binding undertaking that he would not sell any shares under the offer. Any shares not repurchased by the company remain property of the shareholders. The total shares repurchased amount to about 0.8% of the share capital of Ultrasonic AG. They will not initially be withdrawn, but will be held by Ultrasonic AG. The company reserves the right to utilise the shares on the basis of the resolutions adopted by the Annual General Meeting on June 7, 2013. The bonus shares presumably will be converted from the interim ISIN designation DE000A1X3Y08 for 'redeemable shares' to the main tradable designation ISIN DE000A1KREX3 and included in the current listing of the company's shares in the Prime Standard on the Frankfurt Stock Exchange on October 3rd, 2013. Ultrasonic AG has thus fully implemented its option dividend concept. Full details of the share repurchase offer are available on the website of Ultrasonic AG at Investor Relations/Ultrasonic Stock/Option Dividend. About Ultrasonic: The Cologne-based company Ultrasonic AG is the German holding company of the Chinese ULTRASONIC Group, an established manufacturer and supplier of high-quality branded urban footwear. The Group has more than 1,400 employees and operates in three main market segments, each of which currently contributes about a third of revenue. ULTRASONIC produces sandals and slippers for the upper price segment for the local and international market. It is also a long-term supplier of shoe soles to leading manufacturers in the established Chinese sport shoe industry such as Anta, Xtep and Unisuper. Moreover, the company has developed its own very successful high-quality urban footwear collection which is marketed under the ULTRASONIC brand and targets China's young, fashion-conscious urban middle class, which has high purchasing power and expects high quality. The ULTRASONIC product line is currently marketed via more than 110 mono-label shops. The ULTRASONIC Group has reported a compound annual growth rate (CAGR) of 31% per year since 2009. In 2012 it generated sales of around EUR 149 million and a net profit of EUR 30.8 million. For further information about the company visit: www.ultrasonic-ag.de For enquiries: Ultrasonic AG Chi Kwong Clifford Chan Vorstand und CFO E-Mail: [email protected] Tel.: +86 1525 947 9902 (China), +852 966 227 40 (Hong Kong) Disclaimer: This document is no offer for the purchase of securities in the United States of America. Securities may only be sold or offered for sale with the previous registration under the U.S. Securities Act of 1933 in the actual valid version or without previous registration only pursuant to an exemption. The shares of Ultrasonic AG (the 'Shares') have not been registered under the U.S. Securities Act of 1933 in the actual valid version and may not be sold or offered in the United States. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). The Shares, which are referred to, are only available to relevant persons and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. End of Corporate News --------------------------------------------------------------------- 27.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Ultrasonic AG c/o BPG mbH, Graf-Adolf-Platz 12 40213 Düsseldorf Germany Phone: +86 1525 947 9902 (China); +852 966 227 40 (Hong Kong) Fax: +49 (0)211 172 9829 E-mail: [email protected] Internet: www.ultrasonic-ag.de ISIN: DE000A1KREX3 WKN: A1KREX Indices: CDAX, Classic All Share, DAXsector All Consumer, DAXsector Consumer, DAXsubsector All Clothing & Footwear, DAXsubsector Clothing & Footwear, Prime All Share Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 232443 27.09.2013