Dialog Semiconductor Plc. / Miscellaneous
06.08.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Kirchheim/Teck, Germany, 6th August 2009 - Dialog Semiconductor plc (FWB:
DLG) announces today the successful placement with institutional investors
of the remaining 14.2% (6,543,839 shares) stake in Dialog previously held
by Apax Partners LLP, the global private equity advisory firm who led the
management buyout of Dialog in 1998. This institutional placing was
arranged and executed by Jefferies International Limited. Following the
disposal, Apax Partners no longer have a shareholding in Dialog.
Commenting on the placing Dialog Chief Executive Officer, Dr. Jalal
Bagherli said:
'On behalf of Dialog's Management and its Board, I would like to thank Apax
Partners for its long standing commitment and support to our Company.
Apax's contribution over the past eleven years has been very important to
our development and growth. We are pleased with the successful placement of
their remaining stake with high caliber institutional investors.'
For further information please contact:
Dialog Semiconductor FD - London FD - Frankfurt
Neue StraÃe 95 Matt Dixon Ivo Lingnau
D-73230 Kirchheim/Teck T +44 20 7831 3113 T +49 69 920 37 133
Germany matt.dixon@fd.com ivo.lingnau@fd.com
T +49-7021-805-412
F +49-7021-805-200
dialog@fd.com
www.dialog-semiconductor.com
About Dialog Semiconductor
Dialog Semiconductor creates energy-efficient, highly integrated,
mixed-signal circuits optimised for personal mobile, lighting & display and
automotive applications. The company provides flexible and dynamic support,
world-class innovation and the assurance of dealing with an established
business partner. Customers with a significant contribution to revenue
include Sony-Ericsson, Apple, Bosch and TridonicAtco.
With its unique focus and expertise in system power management, Dialog
brings decades of experience to the rapid development of integrated
circuits for power management, audio, display processing and control.
Dialog's processor companion chips are essential for enhancing both the
performance of hand-held products and the consumers' multimedia experience.
With world-class manufacturing partners, Dialog operates a fabless business
model.
Dialog Semiconductor plc is headquartered near Stuttgart with a global
sales, R&D and marketing organisation. In 2008, it had more than $160
million in revenue and was the fastest growing European public
semiconductor company, achieving a growth rate of more than 85%. It
currently has approximately 300 employees. The company is listed on the
Frankfurt (FWB: DLG) stock exchange.
- Ends -
DGAP 06.08.2009
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Language: English
Issuer: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
GroÃbritannien
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail: birgit.hummel@diasemi.com
Internet: www.diasemi.com
ISIN: GB0059822006
WKN: 927200
Indices: MIDCAP, PRIMEALL, TECHALLSHARE
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
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DGAP-News: Dialog Semiconductor Plc.: Dialog Semiconductor confirms successful placing of Apax Partners' remaining stake
| Source: EQS Group AG