GILDEMEISTER raises about € 210 million from capital increase ​​​​​​​

• Net proceeds to be invested primarily in implementing the global growth strategy

Bielefeld. GILDEMEISTER Aktiengesellschaft has successfully completed its rights offering against cash contributions. Under the offer, which ended as scheduled on 12 September 2013, 99,6% of the subscription rights were exercised by existing GILDEMEISTER shareholders.

GILDEMEISTER plans to use the net proceeds of approximately € 210 million from this capital increase predominantly for the purpose of implementing its global growth strategy, in particular to further develop its presence in the Russian market (construction of a production and assembly plant in Ulyanovsk and expansion and renovation of a technology center in Moscow). Additional parts of the net proceeds are to be used for expanding other technology centers, modernizing existing production facilities, further developing control software for machine tools and for generally expanding business activities.

In addition, any remaining part of the net proceeds from the issue of the new shares is to be used to further strengthen the company’s equity base.

Upon registering the capital increase in the Commercial Register, which is expected to take place by 16 September 2013, the total number of GILDEMEISTER shares issued will rise from 63,415,405 to 78,817,994. As announced, the cooperation partner, Mori Seiki Co., Ltd., fully exercised its subscription rights. Berenberg served as sole lead manager for the transaction.

The listing of the new shares from the rights offering in the regulated market ( Prime Standard) of the Frankfurt Stock Exchange and in the regulated market of the Berlin and Dusseldorf Stock Exchanges is expected to take place on 17 September 2013.

The rights offering and the previous capital increase against contributions in kind form part of the Cooperation Agreement between GILDEMEISTER and Mori Seiki signed in March 2013. The cooperation enables the two partners to further develop their product portfolio jointly and to strengthen their position in the competitive global market.

In the coming week, both companies will jointly present their products as the largest exhibitor at the largest trade fair for machine tools worldwide, the EMO in Hanover (16-21 September).

GILDEMEISTER Aktiengesellschaft
The Executive Board