Deutsche Bank AG / Key word(s): Capital Increase
20.09.2010 19:51
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
- Issue of 308.6 million new shares
- Subscription ratio of 2 : 1
- Gross proceeds of approximately 10.2 billion Euro
The Management Board and the Chairman's Committee of the Supervisory Board
of Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) today have fixed the
subscription price for the new shares from the capital increase against
cash contributions at EUR 33.00 per share.
Deutsche Bank issues a total of 308.6 million new registered no par value
shares (common shares) in public offerings in Germany and in the United
States using authorized capital. This corresponds to a subscription ratio
of 2 : 1. The new shares will have full dividend rights from January 1,
2010. The gross proceeds from the issue amount to approximately EUR 10.2
billion.
A securities prospectus will be published on September 21, 2010, and will
subsequently be available from Deutsche Bank AG. The Bank will file a
prospectus supplement relating to the subscription offer with the
Securities and Exchange Commission (SEC) on this date as well. These will
permit shareholders to exercise their subscription rights during the period
from September 22 up to and including October 5, 2010. Trading in the
subscription rights on the German stock exchanges will take place from
September 22, 2010 through October 1, 2010, and the rights will be admitted
to trading on the New York Stock Exchange from September 22, 2010 through
September 29, 2010. Delivery of the new shares subscribed within the
framework of the subscription rights offering will take place on October 6,
2010.
Admission to trading of the new shares to the regulated market (Prime
Standard) of the Frankfurt Stock Exchange and to the regulated market of
the stock exchanges of Berlin, Dusseldorf, Hamburg, Hanover, Munich and
Stuttgart is expected on October 5, 2010. The start of trading and
inclusion of the New Shares in the existing listing on
the German stock exchanges is expected on October 6, 2010. The inclusion of
the New Shares in the existing listing on the New York Stock Exchange is
expected at the same time.
Forward-looking statements contain risks
This press release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts; they include
statements about our beliefs and expectations. Any statement in this
release that states our intentions, beliefs, expectations or predictions
(and the assumptions underlying them) is a forward-looking statement. These
statements are based on plans, estimates and projections as they are
currently available to the management of Deutsche Bank. Forward-looking
statements therefore speak only as of the date they are made, and we
undertake no obligation to update publicly any of them in light of new
information or future events.
By their very nature, forward-looking statements involve risks and
uncertainties. A number of important factors could therefore cause actual
results to differ materially from those contained in any forward-looking
statement. Such factors include the conditions in the financial markets in
Germany, in Europe, in the United States and elsewhere from which we derive
a substantial portion of our trading revenues, potential defaults of
borrowers or trading counterparties, the implementation of our strategic
initiatives, the reliability of our risk management policies, procedures
and methods, and other risks referenced in our filings with the U.S.
Securities and Exchange Commission. Such factors are described in detail in
our SEC Form 20-F of March 16, 2010 on pages 7 through 17 under the heading
'Risk Factors.' Copies of this document are readily available upon request
or can be downloaded from www.db.com/ir.
For readers in the European Economic Area
This document does not constitute an offer to sell, or the solicitation of
an offer to buy or subscribe for, any securities, and cannot be relied on
for any investment contract or decision. This document does not constitute
a prospectus within the meaning of Art. 13 of the EC Directive 2003/71/EC
of the European Parliament and Council dated 4 November 2003 (the
'Prospectus Directive'). The public offer in Germany will be made solely by
means of, and on the basis of, a securities prospectus which is to be
published following its approval by the Bundesanstalt für
Finanzdienstleistungsaufsicht. Any investment decision regarding any
subscription rights or shares should only be made on the basis of the
prospectus which is expected to be published before the start of the
subscription period for the subscription rights and will be available for
download on the internet site of Deutsche Bank AG (www.db.com). Copies of
the prospectus will also be readily available upon request and free of
charge at Deutsche Bank AG, GroÃe GallusstraÃe 10-14, 60311 Frankfurt am
Main Germany.
For readers in the United Kingdom
This communication is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (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
together being referred to as 'relevant persons'). The new shares are only
available to, and any invitation, offer or agreement to subscribe, purchase
or otherwise acquire such new shares 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.
For readers in the US
Deutsche Bank has filed a registration statement relating to this offering
with the Securities and Exchange Commission. This registration statement is
effective. You may get the registration statement and the prospectus
supplement, once it has been filed, for free by visiting IDEA on the SEC
Web site at www.sec.gov. Alternatively, Deutsche Bank, any underwriter or
any dealer participating in the offering will arrange to send you the
prospectus after filing if you request it at Deutsche Bank, GroÃe
GallusstraÃe 10-14, 60311 Frankfurt am Main, Germany.
NOT FOR PUBLICATION IN AUSTRALIA AND CANADA
20.09.2010 19:51 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: Deutsche Bank AG
Theodor-Heuss-Allee 70
60486 Frankfurt a. M.
Deutschland
Phone: +49 (0)69 910-00
Fax: +49 (0)69 910-38 591
E-mail: Deutsche.Bank@db.com
Internet: www.deutsche-bank.de
ISIN: DE0005140008
WKN: 514000
Indices: DAX, EURO STOXX 50
Listed: Regulierter Markt in Frankfurt (Prime Standard), Berlin,
Stuttgart, Hannover, Hamburg, München, Düsseldorf;
Terminbörse EUREX; Foreign Exchange(s) NYSE
End of Announcement DGAP News-Service
---------------------------------------------------------------------------
DGAP-Adhoc: Deutsche Bank fixes subscription price for new shares at EUR 33.00 per share
| Source: EQS Group AG