Ad-hoc-News

Ad hoc announcement according to § 15 WpHG of 5 July 2007

Hamburg, 5 July, 2007

 

ZhongDe Waste Technology AG sets offer price and issue volume

ZhongDe Waste Technology AG (the "Company") together with the existing shareholders and Sal. Oppenheim jr. & Cie. Kommanditgesellschaft auf Aktien acting as Global Coordinator and Sole Bookrunner have set the offer price at Euro 26.00 per offer share. At the offer price, which is at the upper end of the price range of Euro 23.00 to Euro 26.00, the shares were approximately 13.5 times oversubscribed.

 

The offering consisted of 3,000,000 shares from a capital increase, 639,360 shares from certain existing shareholders, as well as 545,904 shares made available from existing shareholders for a potential over-allotment (greenshoe option). The gross proceeds of the offering will therefore, provided that the greenshoe option is exercised in full, amount to approximately Euro 109 million. The netproceeds to the Company resulting from the placement of the new shares will be approximately Euro 72 million. If the greenshoe option is exercised in full the free float will amount to approximately 32 percent.

 

95.4 percent of the shares have been allotted to institutional investors in Germany, its neighbour countries, UK and Hong Kong, 4.6 percent to retail investors.

 

Trading of the Company's shares is expected to commence on the 6th July 2007 (with the German Securities Identification Number ZDWT01, the ISIN DE000ZDWT018 and the Ticker Symbol ZEF) on the regulated market (Geregelter Markt) (Prime Standard) of the Frankfurt Stock Exchange.

 

About ZhongDe Group

ZhongDe Group designs, manufactures and installs pyrolytic, grate and rotary kiln waste incinerators for the disposal of solid medical, municipal and industrial (including hazardous) waste. Since 1996 ZhongDe Group has installed more than 170 waste incinerators in about 13 provinces and in the last three financial years alone 112 waste incinerators. Its waste incinerators are principally constructed for operators of medical disposal centers in the hospital and healthcare industry as well as for small and mid-sized Chinese cities in developed areas of the People´s Republic of China. The Management Board of ZhongDe Group believes that ZhongDe Group is one of the leading suppliers of small and mid-sized solid waste incinerators in China.

 

This document constitutes neither an offer to sell nor a solicitation to buy securities of ZhongDe Waste Technology AG. The securities have already been sold.
This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The shares in ZhongDe Waste Technology AG have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not being and will not be offered or sold in the United States of America.

 

This document is directed at and/or for distribution in the U.K. only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons being together referred to as "relevant persons"). This document is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.

 

 

Contact

Matthias Link
Director
Citigate Dewe Rogerson GmbH
Goethestraße 26-28
60313 Frankfurt am Main
Tel: 0049-69 90 500-150
Fax: 0049-69 90 500-102
E-Mail: matthias.link@citigatedr.de
Internet: www.citigatedr.de

Investor Relations

10 April 2018

ZhongDe Waste Technology AG: Financial Statements 2016


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19 April 2017

ZhongDe Waste Technology AG: Publication of Annual Report 2016 postponed


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28 December 2016

ZhongDe Waste Technology AG: Significant extraordinary profit in 2016


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24 November 2016

ZhongDe Waste Technology AG revises guidance


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14 October 2016

ZhongDe sells all shares in Chung Hua Environment Protection (Holding)
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27 September 2016

ZhongDe negotiates on the sale of all shares in Chung Hua Environment Protection (Holding) Group Ltd.


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20 September 2016

Changes in the Supervisory Board


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9 June 2016

CFO William Jiuhua Wang resigns


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13 November 2015

ZhongDe Waste Technology AG: Preliminary nine-months results and adjusted full-year guidance


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14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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14 November 2013

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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28 April 2013

ZhongDe Waste Technology AG: Challenging circumstances adversely affect results 2012


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11 July 2012

Resignation of the chairman of the Supervisory Board as per 30 August 2012


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5 April 2012

Correction of the Publication pursuant to section 26 para. 1 WpHG dated 22 March 2012


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30 March 2012

ZhongDe Waste Technology AG: Delays in completion of energy-from-waste plants lead to net loss for full year 2011


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22 March 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)


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7 February 2012

Release according to Article 26 para. 1 WpHG [German Securities Trading Act]


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24 November 2011

ZhongDe Waste Technology AG: Further delays in completion process of energy-from-waste plants leads to revision of full year 2011 outlook


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22 August 2011

ZhongDe Waste Technology AG: Preliminary Q2 2011 results better than Q1 2011 but worse than Q2 2010


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15 April 2011
ZhongDe Waste Technology AG: Financial performance 2010 impacted by delay of construction progress of energy-from-waste projects
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31 December 2010
Release of an Ad hoc announcement according to Sec. 15, German Securities Trading Act (WpHG)
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9 December 2009
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] (in German)
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16 November 2009
ZhongDe Waste Technology AG: Preliminary figures for the first nine months reflect difficult market environment in small- and medium-size incinerators segment
Details

7 September 2009
DGAP-Adhoc: ZhongDe Waste Technology AG: Share Buy-Back
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26 August 2009
Decrease of Revenues and Profits of ZhongDe Waste Technology in the first half year 2009
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28 April 2009
Change in Management Board at ZhongDe Waste Technology
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23 January 2009
Ad hoc announcement according to § 15 WpHG of 23 January 2009
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13 June 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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29 April 2008
Ad hoc announcement according to § 15 WpHG of 29 April 2008
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11 March 2008
Ad hoc announcement according to § 15 WpHG of 11 March 2008
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27 February 2008
Release according to Article 26 para. 1 WpHG [German Securities Trading Act]
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - II
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17 July 2007
Release according to Article 26 para. 1 WpHG [German Securities Trading Act] - I
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13 July 2007
Veröffentlichung nach § 26 Abs. 1 Wertpapierhandelsgesetz
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5 July 2007
Ad hoc announcement according to § 15 WpHG of 5 July 2007
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28 June 2007
Ad hoc announcement according to § 15 WpHG of 28 June 2007
Details