Edition:
India

Infineon Technologies Determines Placement Price For New Shares


Tuesday, 18 Jun 2019 

June 17 (Reuters) - Infineon Technologies AG ::DGAP-ADHOC: INFINEON TECHNOLOGIES AG: INFINEON DETERMINES THE PLACEMENT PRICE FOR THE NEW SHARES.DECIDED TO INCREASE SHARE CAPITAL BY PARTIAL UTILIZATION OF AUTHORIZED CAPITAL UNDER EXCLUSION OF SHAREHOLDERS' SUBSCRIPTION RIGHTS FROM EUR 2.27 BILLION TO EUR 2.5 BILLION.THE 112.773.923 NEW NO‐PAR VALUE ORDINARY REGISTERED SHARES WERE PLACED, FOLLOWING ACCELERATED BOOKBUILDING PROCESS WITH INSTITUTIONAL INVESTORS.SHARES AT PLACEMENT PRICE OF EUR 13.7 PER SHARE RESULTING IN GROSS PROCEEDS OF EUR 1.545 BN BEFORE DEDUCTION OF COMMISSIONS & EXPENSES.