DGAP-Ad-hoc: Symrise AG / Key word(s): Capital Increase/Mergers & Acquisitions
Symrise AG: Capital increase against cash contributions by way of an accelerated bookbuilding process

07-Feb-2019 / 18:23 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.
 

Symrise AG: Capital increase against cash contributions by way of an accelerated bookbuilding process
 

Holzminden, 7 February 2019 - The Management Board of Symrise AG (the "Company") resolved, with the approval of the Supervisory Board, to increase the Company's share capital against cash contributions by partially exercising the Company's authorized capital. The Company's share capital will be increased in order to generate total proceeds of up to EUR 400,000,000.00 by issuing new no par value ordinary bearer shares with dividend entitlement from 1 January 2018 and under exclusion of shareholders' subscription rights. The new shares will be offered exclusively to institutional investors in a private placement by way of an accelerated bookbuilding process. The private placement will commence immediately after publication of this notification. The final number of new shares and the placement price shall be determined and published on 8 February 2019 at the latest. On 11 February 2019, the new shares are expected to be admitted to trading without a prospectus, and on 12 February 2019, are expected to be included in the existing quotation in the subsegment of the regulated market segment with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange.
 

The net proceeds from the capital increase shall be used for the partial refinancing of the bridge facility in connection with the acquisition of International Dehydrated Foods LLC, American Dehydrated Foods LLC and IsoNova Technologies LLC as well as certain premises currently used by these entities based on an agreement entered into by Symrise on 31 January 2019.
 

Disclaimer

This document and the information contained herein are not for distribution in or into the United States of America (including its territories and possessions, any state of the United States of America and the District of Columbia) (the "United States"), Canada, Australia or Japan. This document does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities (the "Shares") of Symrise AG (the "Company") in the United States. The Shares of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in Rule 144A under the Securities Act.




Contact:
Tobias Erfurth, Investor Relations

07-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Symrise AG
Mühlenfeldstraße 1
37603 Holzminden
Germany
Phone: +49 (0)5531 90 0
E-mail: ir@symrise.com
Internet: www.symrise.com
ISIN: DE000SYM9999, DE000SYM7787, DE000SYM7704
WKN: SYM999
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 
End of Announcement DGAP News Service

773775  07-Feb-2019 CET/CEST

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