Brief: Agrana commences cash capital increase with secondary offer of existing Agrana shares by Südzucker

Agrana Beteiligungs AG

31/01/2017 16:43

Jan 31 (Reuters) - Agrana Beteiligungs AG  AGRV.VI : 
    * Commences cash capital increase with secondary offer of 
existing AGRANA shares by Südzucker AG  SZUG.DE  
    * Subscription ratio in cash capital increase of 10:1 and 
issue of in aggregate up to 1,420,204 new Agrana shares 
    * Offering amounts to a total of up to 1,920,204 or, upon 
possible increase by Südzucker AG, to a total of up to 2,120,204 
Agrana shares 
    * 1,316,720 new Agrana shares will be offered in an 
institutional pre-placement 
    * Offer price for all Agrana shares offered will be 
determined in institutional pre-placement and is expected to be 
published on Feb. 1, 2017 
    * Subscription period for Agrana free float-shareholders 
entitled to subscribe for up to 103,484 new Agrana shares is 
expected to commence on Feb. 2, 2017 
    * Z&S Zucker and Stärke Holding AG and Südzucker AG waive 
all their subscription rights relating to Agrana shares to 
increase free float 
    * In institutional pre-placement, südzucker ag offers up to 
500,000 Agrana shares currently held directly by it 
    * In case of sufficient demand, Südzucker AG may increase 
its offering by additional 200,000 Agrana shares to a total of 
up to 700,000 Agrana shares 
 
Source text for Eikon:  ID:nEuAAE88a  
Further company coverage:  AGRV.VI  
 
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