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Braas Monier Building Group S.A.: Issue price for Braas Monier shares set at 24.00 Euro per share


Braas Monier Building Group S.A. / Key word(s): IPO
24.06.2014 19:20

Dissemination of an Ad hoc announcement according to ยง 15 WpHG, transmitted by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.

ISSUE PRICE FOR BRAAS MONIER SHARES SET AT 24.00 EURO PER SHARE
Luxembourg, 24 June 2014. Today, the Braas Monier Building Group S.A. (Braas Monier), the Selling Shareholder, Monier Holdings S.C.A., together with the syndicate banks, led by the Joint Global Coordinators BNP Paribas, J.P. Morgan and UBS Investment Bank, together determined the issue price of the Braas Monier shares at EUR 24.00 per share (ISIN LU1075065190, WKN BMSA01). At the issue price of EUR 24.00 per share, Braas Monier has a market capitalisation of approximately EUR 940 million.
The offer involves the placement of 4,166,667 new shares as well as 15,416,667 shares from the holdings of the Selling Shareholder. This results in a placement volume of approximately EUR 470 million. Taking the greenshoe option into account the total number of shares offered increases to 22,520,835, the placement volume to EUR 541 million. The free float will reach 57.5 percent if the greenshoe option is fully exercised. The Braas Monier shares are to be traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange for the first time on 25 June 2014.
Within a period of six months from the closing date, 27 June 2014, Braas Monier made a commitment that it will not, without the prior consent of the Joint Global Coordinators, implement a capital increase or any comparable capital changes. For the same period, the Selling Shareholder, Monier Holdings S.C.A. made a commitment not to sell their remaining shares without the prior consent of the Joint Global Coordinators. The management of Braas Monier has also made a commitment not to sell its shares within a staggered period from six to 36 months, for the CEO and CFO, and from six up to 24 months for other managers and independent directors (the "Management Lock-Up") without the prior consent of the Joint Global Coordinators. The Management Lock-Up for such shares expires in several steps.

Contact:
Braas Monier Building Group
Achim Schreck, Director Group Communications
+49 6171 61 28 59
achim.schreck@monier.com

Brunswick Group
Sabine Morgenthal
+49 174 32 58 886
smorgenthal@brunswickgroup.com

These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Shares") of Braas Monier (the "Company") in the United States, Germany or any other jurisdiction. The Shares of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The Shares of the Company have not been, and will not be, registered under the Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act.

This publication constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold.
In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) are persons falling within Article 49(2) (a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as "Relevant Persons"). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. 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.
Stabilization / EU Regulation 2273/2003 / German law / FSA.

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