DGAP-Ad-hoc: SNP Schneider-Neureither & Partner SE / Key word(s): Corporate Action
SNP | Inside Information Pursuant to Article 17 MAR
Re: Corporate Action
NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, INDIRECTLY OR DIRECTLY, IN THE USA, CANADA, AUSTRALIA OR JAPAN OR OTHER COUNTRIES IN WHICH SUCH A PUBLICATION MAY BE ILLEGAL.
SNP Schneider-Neureither & Partner SE Sets Subscription Price at EUR 16.60 Per New Share
The new shares will be offered to the existing shareholders through an indirect subscription right with a ratio of 5:1. The subscription period is expected to begin on Thursday, November 29, 2018, and end on Thursday, December 13, 2018, at noon (12:00 pm) CET (in each case, including). The subscription rights (ISIN: DE000A2NBP07, WKN: A2NBP0) for the new shares will be traded in the regulated market of the Frankfurt Stock Exchange during the period from Thursday, November 29, 2018, to Friday, December 7, 2018 (in each case, including).
This public offering is subject to approval of a securities prospectus. The company has prepared a securities prospectus for this public offering. It expects to receive approval for this securities prospectus from the German Federal Financial Supervisory Authority (BaFin) on Wednesday, November 28, 2018. Once approval will have been obtained, the securities prospectus containing detailed information and risk notices regarding the subscription offer will be published without delay on the SNP website at https://www.snpgroup.com/en/investor-relations. The subscription offer is expected to be published in the German Federal Gazette on Wednesday, November 28, 2018.
To the best of the company's knowledge, CrystalBridge(R) and SNP Transformation Backbone(R) with SAP(R) Landscape Transformation are the world's leading software suite for data transformations that automatically analyzes, implements and tracks changes to IT systems. As a result, they offer clear qualitative advantages, while significantly reducing the time and expense involved in transformation projects. The SNP Group has around 1,350 employees worldwide.
Headquartered in Heidelberg, the company generated revenue of approximately EUR 122 million in the 2017 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994 and has been publicly traded since 2000. As of August 2014, the company is listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705). Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).
Further information is available at www.snpgroup.com
Investor Relations Contact:
This publication represents neither an offer to sell nor an invitation to buy shares in SNP Schneider-Neureither & Partner SE. The offering is made exclusively through and on the basis of a securities prospectus to be published after it has been approved by the German Federal Financial Supervisory Authority (BaFin). Only this securities prospectus includes the information required for investors by legal regulations. The securities prospectus will be available free of charge at a time yet to be determined on the Internet at the issuer's website, https://www.snpgroup.com/en/investor-relations, and during normal business hours directly from the issuer.
This document represents neither an offer to sell nor an invitation to submit an offer to buy shares in the United States of America ("USA"). The shares of SNP Schneider-Neureither & Partner SE (the "shares") have not been registered in accordance with the current version of the U.S. Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the USA unless they have been registered in accordance with the Securities Act or exempted from the obligation of registration. The shares are not being publicly offered for sale in the USA and will not be registered in the USA in accordance with the Securities Act.
Outside of Germany and Luxembourg, this publication is aimed only at and exclusively intended for those persons in EEA member countries who are "qualified investors" in the meaning of Article 2(1)(e) of the Prospectus Directive (the current version of Directive 2003/71/EC) ("qualified investors"). Moreover, in the United Kingdom this publication is being distributed only to those qualified investors, and is aimed only at those qualified investors, who (i) possess professional experience in the investment business in the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), (ii) who are high net worth entities in the meaning of Article 49(2)(a) to (d) of the Order, or (iii) who correspond to other persons to whom the document may be legally distributed (all of these persons are collectively designated as "relevant persons"). Each investment or investment activity in connection with this publication is only available to, and will only be carried out with, (i) relevant persons in the United Kingdom and (ii) qualified investors in EEA member countries other than the United Kingdom. All other persons who receive this publication in other EEA member countries, with the exception of Germany and Luxembourg, should not refer to this publication or take it as a basis for action.
This document was distributed to you under the assumption that you are a person to whom this document may be legally given according to the laws of the jurisdiction in which you are located, that you may not give this document to any other person, and you agree not to copy or further distribute it or its contents. In particular, this document may not be forwarded or re-sent to persons located in the USA, Canada, Japan or Australia.
27-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||SNP Schneider-Neureither & Partner SE|
|Dossenheimer Landstraße 100|
|Phone:||+49 6221 6425 637|
|Fax:||+49 6221 6425 470|
|Listed:||Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|
751983 27-Nov-2018 CET/CEST