DGAP-News: SLM Solutions: IPO greenshoe option exercised

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jun 2, 2014 at 6:15 AM

DGAP-News: SLM Solutions: IPO greenshoe option exercised early

DGAP-News: SLM Solutions Group AG / Key word(s): IPO/Miscellaneous SLM Solutions: IPO greenshoe option exercised early 02.06.2014 / 11:59 --------------------------------------------------------------------- SLM Solutions: IPO greenshoe option exercised early Luebeck, June 2, 2014 - SLM Solutions Group AG, a leading provider of metal-based additive manufacturing technology (also referred to as "3D printing"), announces the early and almost full exercise of the greenshoe option as part of its IPO. As a consequence, 1,176,201 of the total of 1,186,201 shares from the greenshoe option that were previously held by the existing shareholders are now held by institutional investors both in Germany and abroad. "The exercising of the greenshoe option underscores the high degree of interest in the SLM share," comments CFO Uwe BÃ¶gershausen. "For our shareholders this means that we have reached our objective of ensuring the largest free float possible and a broadly diversified shareholder structure. In turn, this offers an important precondition for liquid trading in our share, and boosts its attractiveness for investors." After exercising the green shoe option, the free float amounts to approx. 56 %. The remaining approx. 44 % of the voting rights are attributable to the existing shareholders who will remain important anchor investors of SLM Solutions Group AG in the future. Disclaimer: This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States. This document is only being distributed to and is only directed at (i) persons who are qualified investors within the meaning of the Financial Services and Markets Act 2000 (as amended) and any relevant implementing measures and/or are outside the United Kingdom or (ii) persons who have professional experience in matters relating to investments who fall within the definition of "investment professionals" falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe for, 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. About the company: SLM Solutions Group AG, headquartered in Luebeck, Germany, is a leading provider of metal based additive manufacturing technology (also commonly referred to as "3D printing"). SLM Solutions focuses on the development, assembly and sales of machines and integrated system solutions in the field of selective laser melting, vacuum and metal casting. SLM Solutions currently employs over 80 people in Germany and the USA. The products are used worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries. SLM Solutions stands for technologically advanced, innovative and highly efficient integrated system solutions. Contact: Mark Appoh, cometis AG Unter den Eichen 7, 65195 Wiesbaden Telephone: +49 (611) 205855-21 Email: appoh@cometis.de End of Corporate News --------------------------------------------------------------------- 02.06.2014 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: SLM Solutions Group AG Roggenhorster Strasse 9c 23556 LÃ¼beck Germany Internet: www.slm-solutions.com ISIN: DE000A111338 WKN: A11133 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÃ¼sseldorf, MÃ¼nchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 271613 02.06.2014

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

vVARDIS Debuts on NYSE: Transforming Dental Care

A New Chapter for Dental Tech Mark your calendars, folks. vVARDIS is stepping onto the New York Stock Exchange (NYSE) stage, waving the banner of NYSE:VVVV. Now, if you've ever sat in that squeaky dental chair feeling the dread of a drill, vVARDIS might just be the new hero in town. Founded by the dynamic duo, Dr. Haley and Dr. Goly Abivardi, they're on a mission to...

Worker.ai Acquires DeltaGen to Spice Up SMB Growth

Betting Big on Small Business If you've ever run a small business, you know it can feel like a hamster wheel—more customers usually mean more headaches. But here comes Worker.ai, stepping onto the scene with big promises and a fancy new acquisition. They've scooped up DeltaGen—a mover in real-time AI tech—and launched a platform to hand these overworked owners a...

Health Net Invests $3 Million in Stockton Housing

Putting a Roof Over Stockton's Head The talk of the town in Stockton is Health Net stepping up with a $3 million investment. This isn't just dropping loose change in a jar; it's about tackling a mammoth issue—making affordable housing more than just a pipe dream for 75 families. Community-driven, they say. What a cozy way to paint a picture of bridging that brutal gap...

Hebrew Learning Made Simple: Expert's Structured Guide

Cracking the Hebrew Code: A Balanced Guide Ever tried staring down a new language script and felt like you were on a sinking ship? That’s where a lot of folks starting off with Hebrew reading find themselves. It's no sunny stroll through a Greek alphabet park—Hebrew's a whole different ballgame. But Diana Yacobi from Sarah & David’s Read Hebrew Now offers a roadmap...

HiTHIUM Joins Cambridge to Boost Global Energy Storage

HiTHIUM and Cambridge's New Energy Venture There's a big splash coming out of Xiamen, folks. HiTHIUM, a heavyweight in the energy storage sector, has decided to team up with the University of Cambridge. They inked a deal aiming to bridge the academic ivory tower with industrial grit, focusing on long-duration energy storage. It was all sealed during the Global Energy...

Pine AI Unveils AI Studio & Real-World Call Feature

Push Your Expectations: Pine AI Takes the Stage Here's a twist in tech worth a double take. Pine AI is shaking up the AI world with a brash blend of video genius and actual chat capabilities. Somehow, merely weeks after setting the tech scene ablaze with its AI-focused computer, it's already rolling out new applications faster than hotcakes on a skillet. But let’s chew...

Porter Capital Expands Finance Solutions for Growth

Expanding Financial Horizons with Term Loans Rolling into Birmingham's Porter Capital story today, there's a new chapter penned with term loans and lines of credit – it’s not just for the businesses strapped for cash but those eyeing growth without the chains of rigid bank criteria. For over 35 years, these folks have been the grease in the economy's wheels, slinging...

Sino Bio Speeds AI Drug Discovery with 4RISE Launch

AI Meets Real-World Validation In the world of cutting-edge biotech, Sino Biological is turning heads with its latest move. If you're in the game of AI-driven drug discovery, their new 4RISE™ high-throughput wet-lab validation services could be the breakthrough you've been waiting for. Why? Well, the promise of AI is dazzling, but it all boils down to how fast you can...

Shorenstein Expands in Dallas: Strategic Play or Risk?

Shorenstein's recent acquisition of International Plaza 3 isn't just about adding another high-rise to their portfolio; it's a stake in the ground, a doubling down on the Dallas real estate market. With its aim sharply set on the Lower Tollway submarket, Shorenstein is showing confidence, but the big question remains—are they spot on or walking the razor's edge?...

Innovative Rotating Kitchen Organizer Up for Licensing

Dusting Off the Corners: A Fresh Spin on Kitchen Storage Just when you think there's nothing new under the sun when it comes to storing your kitchen gadgets, here comes an invention straight out of Billings, Montana. It's called The Rotating Kitchen Organizer, a nifty contraption that's all set to turn those dead corners into prime real estate. How many times have we...