Wacker Chemie : Price range for Siltronic AG share set
May 28, 2015 at 11:55 am EDT
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The WACKER-Group ('WACKER'), the current owner of Siltronic AG ('Siltronic'), and Siltronic in cooperation with the Joint Global Coordinators and Joint Bookrunners, have set the price range for the planned IPO of Siltronic from EUR 30 to EUR 38 per share.
The offer will comprise a maximum of 12,650,000 shares. Thereof, up to 5,000,000 shares will be new shares issued in a capital increase by Siltronic, 6,000,000 shares will be existing shares from the holdings of WACKER, and up to 1,650,000 shares will be existing shares relating to a possible over-allotment, also from the holdings of WACKER.
The securities of Wacker Chemie AG and Siltronic AG have not been and will not be registered under the Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
Wacker Chemie AG is a Germany-based manufacturer of specialty chemical products. It operates through four segments: Silicones, Polymers, Biosolutions and Polysilicon. The Silicones segments provides silane, silicone fluids, emulsions, elastomers, sealants and resins to pyrogenic silicas; the Polymers segment offers a range of polymeric binders and additives along with customized services; the Biosolutions segment serves the food, pharmaceutical, life science and agrochemical industries and produces fermenter cysteine and bioengineered cyclodextrins, among others, and the Polysilicon segment manufactures high-purity polysilicon for the solar technology and semiconductor-electronics industries.
WACKER CHEMIE AG 
