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Kabel Deutschland Shares Placed at 22 Euros

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Quotation on 22 March 2010

The share of Kabel Deutschland Holding AG is issued at a price of 22 euros. This was announced by the selling owner, the company and the banks involved with today. The listing on the Frankfurt Stock Exchange is expected to occur on March 22, 2010. A total of 34.5 million shares (including 4.5 million out of an over-allotment option) were placed at a price of 22 euros per share. The stock was heavily oversubscribed. With a total issue proceeds of approximately 760 million euros (including over-allotment option), this is the largest IPO of a company in private equity ownership in Germany since 2007 and the biggest IPO of a communications company in Western Europe since April 2007.

Kabel-Deutschland-Shares-Placed

Kabel Deutschland Shares Placed

Charged with the transaction, the German Bank and Morgan Stanley were as Joint Global Coordinators and JP Morgan and UBS as Global Bookrunners and BNP Paribas, Societe Generale and Royal Bank of Scotland as co-lead manager. The selling shareholder, a concerted and managed by Providence Equity Partners Holding Company, will hold after the expiration of the offer at least 66.7% of the shares or at least 61.7% of the shares is exercised in full the over-allotment option.

Kabel Deutschland Shares Placed at 22 Euros

In this case no shares are taken into account, which were assigned to the participants of the Management Participation Program after the expiration of the offer period. Private investors each order will receive an allocation of 50% of demand allocated. The “Principles for the Allotment of Share Issues to Private Investors” have been observed and the allocation under the offer to retail investors in Germany is carried out according to standard criteria for all syndicate banks and their affiliated institutions.

  • Announcement according to § 15 German Securities Trading Act (WpHG)
  • Quotation on 22 March 2010

The share of Kabel Deutschland Holding AG is issued at a price of 22 euros. This was announced by owners, companies and banks involved with today. The listing on the Frankfurt Stock Exchange will take place on March 22, 2010. A total of 34.5 million shares (including 4.5 million out of an over-allotment option) were placed at a price of 22 euros per share. With a total volume of about 760 million euros (including over-allotment) is the largest IPO in Germany for over two years.

Charged with the transaction, the German Bank and Morgan Stanley were as Joint Global Coordinators and JP Morgan and UBS as Global Bookrunners and BNP Paribas, Societe Generale and Royal Bank of Scotland as co-lead manager. The selling shareholder, a concerted and managed by Providence Equity Partners Holding Company, will hold after the expiration of the offer at least 66.7% of the shares or at least 61.7% of the shares is exercised in full the over-allotment option. In this case no shares are taken into account, which were assigned to the participants of the Management Participation Program after the expiration of the offer period.


Kabeldeutschlandsky.com is a website that collects various types of cables from various sources on the Internet. There are Kabel Deutschland, BW, HDMI, TV, USB, Receiver, DSL Speedtest

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