EUR 55 million raised with equity offering at EUR 73.30 per share
Aalberts Industries N.V., which operates in the fields of Industrial Services and Flow Control, announces that it has successfully placed 750,000 new ordinary shares at a price of EUR 73.30 per share. The shares were placed with institutional investors and will be fully entitled to receive dividends over the financial year 2006 and subsequent years. The company raised gross proceeds of approximately EUR 55 million. ABN AMRO Rothschild acted as Sole Global Co-ordinator and Bookrunner of the transaction.
Payment for and delivery of the new ordinary shares are expected to take place on February 16, 2007, at which date the new ordinary shares are expected to be admitted to trading and listing on Euronext Amsterdam N.V.’s Eurolist by Euronext. After closing of the offering, Aalberts Industries will have 25.3 million ordinary shares outstanding.