14.05.2013 Ultrasonic AG  DE000A1KREX3

DGAP-Adhoc: Ultrasonic AG: Ultrasonic AG successfully completes EUR 6 million capital increase


 
Ultrasonic AG / Key word(s): Capital Increase 14.05.2013 16:55 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ultrasonic AG successfully completes EUR 6 million capital increase Cologne, May 14, 2013 - With today's resolutions of the Management Board and Supervisory Board, Ultrasonic AG successfully completed the capital increase of up to 10% of the current share capital, which was announced last week, under partial utilization of the available authorized capital and under the exclusion of subscription rights of existing shareholders. Total 618,550 new shares were placed to European institutional investors at an issue price of EUR 9.70 which is at the current level of the share price (Xetra). This results in gross proceeds for the company of ca. EUR 6.0 million. The capital increase allows the entry of strategic, long-term investors, who have recently met the company on a reverse road show in China. The proceeds will be used to finance planned investments to expand new sale channels and for working capital. With the entry of the capital increase in the commercial register, the share capital of Ultrasonic AG has increased to EUR 12,093,160.00. The new shares are to be admitted and included to exchange trading in the existing listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange without a prospectus. The capital increase was managed by BankM - Repräsentanz der biw Bank für Investments und Wertpapiere AG. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Ultrasonic AG 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 around 1,400 employees and operates in three 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 100 mono-label shops. The ULTRASONIC Group has reported a compound annual growth rate (CAGR) of 31 percent 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. 14.05.2013 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 Announcement DGAP News-Service ---------------------------------------------------------------------------