Hess AG / Key word(s): IPO 23.10.2012 20:08 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Villingen-Schwenningen, October 23, 2012 - The placing price for the shares to be placed as part of Hess AG's IPO (ISIN: DE000A0N3EJ6, WKN: A0N3EJ) has been set at EUR 15.50 per share. This mark was set today by the company together with Hess Grundstücksverwaltungs GmbH & Co. KG, the lead manager and sole bookrunner Landesbank Baden-Württemberg and the co-lead managers Kempen & Co. N.V. and M.M. Warburg & CO KGaA. A total of 2,645,000 shares were allocated at the placing price, of which 345,000 shares from the over-allotment option. The gross issue proceeds from the capital increase totalling 2,300,000 new shares therefore came in at EUR 35.65 million and is to be paid to Hess AG. 90.8 % of the shares placed were distributed to institutional investors, with the remaining 9.2 % going to private investors. After the conclusion of the offer and the complete exercising of the Greenshoe option, free float will be at 50.7 %, or at 44.1 % without exercising the Greenshoe option. The initial listing of Hess AG in the Prime Standard of the Frankfurt Stock Exchange will likely take place on October 25, 2012. Disclaimer This publication represents neither an offer to purchase nor the request for an offer for the purchase of securities. Hess AG securities are not, and will not be, offered publicly outside Germany. The public offer in Germany occurs exclusively through and on the basis of the securities prospectus dated 5 October 2012 and the Amendment No. 1 to the securities prospectus dated 17 October 2012. The shares offered as part of the IPO have already been placed. This publication represents neither an offer to purchase nor the request for an offer for the purchase of securities in the United States of America. Hess AG shares may not be offered or sold in the United States of America, or to 'US Persons' (as defined in Regulation S of the US Securities Act of 1933 in the respective valid version (the 'Securities Act')), or for the account of 'US Persons', unless they are registered or exempt from the requirement to register pursuant to the Securities Act. The shares were not, and are not, registered pursuant to the Securities Act. This publication is for distribution only to (i) individuals who have professional experience in matters relating to investments, or (ii) individuals who fall under Article 49 (2) (a) to (d) ('high net worth companies', unincorporated associations etc) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, or (iii) other individuals to whom they may be legally made accessible (whereby such individuals are together designated as 'Relevant Persons'). This publication is addressed exclusively to Relevant Persons. Individuals who are not Relevant Persons may not act on the basis of trust in this publication. Any investment or investment activity relating to this publication is open exclusively to Relevant Persons, and will be entered into solely with Relevant Persons. 23.10.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Hess AG LantwattenstraÃe 22 78050 Villingen-Schwenningen Germany Phone: +49 7721 920 0 Fax: +49 7721 920 250 E-mail: hess@hess.eu Internet: www.hess.eu ISIN: DE000A0N3EJ6 WKN: A0N3EJ Listed: Regulierter Markt in Frankfurt (Prime Standard) Notierung vorgesehen (Regulierter Markt) / designated to be listed (Regulated Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Hess AG: Placing price set at EUR 15.50 per share - offering volume placed completely
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