The offering of shares with preemptive rights to existing
shareholders made by Brødrene Hartmann A/S (the "Company") was
successfully completed on 24 June 2008. The rights issue resulted in
full subscription of 3,507,545 new offered B shares with a nominal
value of DKK 20 each.
As is customary, a small number of the offered shares (less than
0.1%), which were not initially taken up for technical reasons, were
subscribed for by the underwriters, Danske Markets (a division of
Danske Bank A/S) and Nordea Corporate Finance (a division of Nordea
Bank Danmark A/S) as Joint Lead Managers.
The new B shares were subscribed at DKK 78 per share, resulting in
gross proceeds to the Company of DKK 273.6 million, corresponding to
net proceeds of approximately DKK 252.6 million after deduction of
costs related to the offering.
The new B shares carry the same rights as the existing B shares of
Brødrene Hartmann A/S and are eligible for dividends from the date of
registration of the capital increase with the Danish Commerce and
Companies Agency, which took place today.
Following registration of the 3,507,545 new B shares with a nominal
value of DKK 20 each, the nominal value of the share capital of
Brødrene Hartmann A/S is DKK 140,301,800 corresponding to 7,015,090
shares with a nominal value of DKK 20 each.
The Board of Directors of Brødrene Hartmann A/S will register as soon
as possible the resolution adopted by the shareholders at the Annual
General Meeting of Brødrene Hartmann A/S held on 22 April 2008 to
abolish multiple share classes in Brødrene Hartmann A/S to the effect
that Brødrene Hartmann A/S will have one share class only. Upon the
merger of the share classes, the entire nominal share capital of DKK
140,301,800 will be listed and the existing securities identification
code (DK0010256197) will apply to all the Company's shares.
It is expected that the temporary securities identification code of
the new B shares (DK0060136943) will be merged with the securities
identification code of the existing B shares (DK0010256197) on 25
June 2008.
Danske Markets and Nordea Corporate Finance have informed the Company
that they did not make any stabilising transactions with respect to
the preemptive rights in connection with the rights issue.
For additional information, please contact:
Peter Arndrup Poulsen
President & CEO
Tel: +45 45 97 00 00
Mobile: +45 51 51 40 69
