Share capital increase of DKK 18,500,000 new shares will be completed
Not for release, publication or distribution, directly or indirectly, in or into
the United States, Canada, Australia or Japan or in any jurisdiction in which
such transmission or distribution is unlawful. Any failure to comply with this
restriction may constitute a violation of US, Canadian, Australian or Japanese
securities laws or the securities laws of other states as the case may be.
Vestas Wind Systems A/S (“the Company”) is pleased to announce that the share
capital increase with nominal value DKK 18,500,000 representing 18,500,000
shares, which was announced earlier today has been fully subscribed for and
finalised in connection with a private placement carried out through an
accelerated book building process. Please refer to company announcement No.
10/2009 of 28 April 2009.
The capital increase has been subscribed for at a price per share of DKK 323 and
in a private placement sold on to institutional and professional investors in
Denmark and internationally. The Company will receive gross proceeds of approx.
DKK 5,976m. Following completion of the share capital increase, the nominal
share capital of the Company will amount to DKK 203,704,103 divided into
203,704,103 shares of DKK 1.00 each.
The new shares will be listed on NASDAQ OMX Copenhagen under the ISIN code for
the existing shares, DK0010268606, from 6 May 2009 following registration of the
share capital increase with the Danish Commerce and Companies Agency and merger
of the temporary ISIN code DK0060180339 with the existing ISIN code in VP
Securities. The temporary ISIN code will not be listed on NASDAQ OMX Copenhagen,
but only registered in VP Securities for subscription of the new shares.
Payment and settlement is expected to take place on 4 May 2009. Until the
settlement has taken place, the capital increase may under extraordinary
circumstances be cancelled.
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The securities of Vestas Wind Systems A/S described in this release have not
been and will not be registered under the U.S. Securities Act, and accordingly,
any offer or sale of these securities may be made only in a transaction exempt
from registration.
This release is not an offer for sale within the United States of any equity
shares or any other security of Vestas Wind Systems A/S. Securities of Vestas
Wind Systems A/S, including any offering of its equity shares, may not be
offered or sold in the United States absent registration under U.S. securities
laws or unless exempt from registration under such laws. This release is being
issued pursuant to and in accordance with Rule 135(c) of the U.S. Securities
Act.
This release contains “forward-looking statements” within the meaning of Section
27A of the U.S. Securities Act and Section 21E of the U.S. Securities Exchange
Act. Undue reliance should not be placed on forward-looking statements because
they relate to and depend on circumstances that may or may not occur in the
future and actual results may differ materially to those in forward-looking
statements. Forward-looking statements include, without limitation, statements
regarding our business, financial condition, strategy, results of operations,
financing and other plans, objectives, assumptions, expectations, prospects,
beliefs and other future events and prospects. We undertake no obligation, and
do not intend, to publicly update or revise any of these forward-looking
statements, whether to reflect new information or future events or circumstances
or otherwise.
Contact details:
Vestas Wind Systems A/S, Denmark
Peter W Kruse, Senior Vice President, Group Communications
Tel: +45 9730 0000
