OFFERING MEMORANDUM Global Offering of up to ... - Nordex
OFFERING MEMORANDUM Global Offering of up to ... - Nordex
OFFERING MEMORANDUM Global Offering of up to ... - Nordex
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General Information<br />
Responsibility for the Contents <strong>of</strong> this <strong>Offering</strong><br />
Memorandum/Company Report<br />
<strong>Nordex</strong> Aktiengesellschaft, Oberhausen, (‘‘<strong>Nordex</strong> AG’’, ‘‘<strong>Nordex</strong>’’ or the ‘‘Company’’ or, <strong>to</strong>gether with its<br />
consolidated subsidiaries, the ‘‘<strong>Nordex</strong> Gro<strong>up</strong>’’ or the ‘‘Gro<strong>up</strong>’’) and the underwriters (the ‘‘Managers’’) as<br />
defined in ‘‘The <strong>Offering</strong>—General Information’’ <strong>of</strong> this <strong>of</strong>fering memorandum/company report (the<br />
‘‘<strong>Offering</strong> Memorandum’’) assume liability for the contents <strong>of</strong> this <strong>Offering</strong> Memorandum pursuant <strong>to</strong><br />
Section 13 <strong>of</strong> the Verkaufsprospektgesetz (German Sales Prospectus Act) and Section 77 <strong>of</strong> the<br />
Börsengesetz (German S<strong>to</strong>ck Exchange Act) (each in conjunction with Sections 45 et seq. <strong>of</strong> the<br />
Börsengesetz) and represent that, <strong>to</strong> the best <strong>of</strong> their knowledge, the information contained in this<br />
<strong>Offering</strong> Memorandum is correct and that no material information has been omitted.<br />
Inspection <strong>of</strong> Documents<br />
All documents that are publicly available, referred <strong>to</strong> in this <strong>Offering</strong> Memorandum ins<strong>of</strong>ar as they<br />
relate <strong>to</strong> the Company as well as all future annual and interim reports are available for inspection at<br />
the Company’s registered <strong>of</strong>fice, Centroallee 265, 46049 Oberhausen, Germany, and at the <strong>of</strong>fices <strong>of</strong><br />
Dresdner Bank Aktiengesellschaft, Jürgen-Pon<strong>to</strong>-Platz 1, 60301 Frankfurt am Main (‘‘Dresdner Bank’’),<br />
during regular business hours.<br />
Subject <strong>of</strong> the <strong>Offering</strong> Memorandum/Company Report<br />
This <strong>Offering</strong> Memorandum is issued in respect <strong>of</strong> 18,000,000 new bearer shares from the capital<br />
increase against cash contributions resolved at the Ordinary General Shareholders’ Meeting <strong>of</strong> the<br />
Company on February 21, 2001 (the ‘‘New Shares’’) and 13,300,000 bearer shares from the holdings <strong>of</strong><br />
Borsig Energy GmbH, Oberhausen, and Nordvest A/S, Give, Denmark (the ‘‘Selling Shareholders’’) (see<br />
‘‘The <strong>Offering</strong>—Selling Shareholders’’) and <strong>up</strong> <strong>to</strong> 4,700,000 bearer shares from the holdings <strong>of</strong> the<br />
Selling Shareholders (see ‘‘The <strong>Offering</strong>—General Information’’), which will initially be made available by<br />
way <strong>of</strong> a loan <strong>to</strong> Dresdner Bank for the purpose <strong>of</strong> allotment <strong>of</strong> a greater number <strong>of</strong> shares in the<br />
placement, if bids are submitted for more than 31,300,000 Shares (the ‘‘Over-allotment Option’’). All<br />
Shares carry full dividend entitlement for fiscal year 2000/2001, which commenced on Oc<strong>to</strong>ber 1, 2000.<br />
This <strong>Offering</strong> Memorandum also serves as a Company Report in respect <strong>of</strong> the Company’s aggregate<br />
share capital amounting <strong>to</strong> EUR 52,050,000, comprised <strong>of</strong> 52,050,000 bearer shares with a stated value<br />
<strong>of</strong> EUR 1.00 each (the ‘‘Aggregate Share Capital’’), each carrying full dividend entitlement for fiscal year<br />
2000/2001 which commenced on Oc<strong>to</strong>ber 1, 2000, and <strong>up</strong> <strong>to</strong> 3,400,000 bearer shares relating <strong>to</strong><br />
subscription rights for bearer shares from the conditional capital increase resolved by the General<br />
Meeting <strong>of</strong> the Company on February 21, 2001.<br />
All <strong>of</strong> the bearer shares <strong>of</strong> the Company have a stated value <strong>of</strong> EUR 1.00 per bearer share and are<br />
hereinafter referred <strong>to</strong> as ‘‘<strong>Nordex</strong> Shares’’.<br />
Amounts contained in this <strong>Offering</strong> Memorandum in ‘‘DM’’, ‘‘Deutsche Mark’’, ‘‘EUR’’, ‘‘euro’’ or ‘‘E’’ refer<br />
<strong>to</strong> the legal currency <strong>of</strong> the Federal Republic <strong>of</strong> Germany. The legally fixed conversion rate <strong>of</strong><br />
EUR 1 = DM 1.95583 was fixed on December 31, 1998.<br />
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