Fenghua SoleTech AG
Shares of Fenghua SoleTech AG started trading at the Frankfurt and Warsaw Stock Exchange
DGAP-News: Fenghua SoleTech AG / Key word(s): IPO 06.11.2014 / 11:18 --------------------------------------------------------------------- Frankfurt am Main, November 6, 2014 - The shares of Fenghua SoleTech AG (hereinafter "Fenghua") today started trading at a price of 10.40 Euros in the General Standard of the Frankfurt Stock Exchange and simultaneously in the Parallel Market of the Warsaw Stock Exchange at a first price of 39.70 Polish Zloty. The issue price was 10.00 Euros and 42.09 Zloty respectively. Based on the first trading price at the Frankfurt Stock Exchange the market capitalisation of Fenghua SoleTech AG amounts to around 105 million Euros. "With the successful listing on the Frankfurt and Warsaw Stock Exchange we achieved an important strategic milestone. In the future we'll work hard to meet the ambitious expectations of our shareholders. We envisage a dividend payment in the range of 10 to 20 per cent of the profit for the year, already for the current financial year", says Weijie Lin, CEO of Fenghua SoleTech AG. About Fenghua Fenghua was founded in 2004 and is a modern, technology-driven Chinese manufacturer of shoe soles. Fenghua produces more than 40 million pairs of shoe soles per year. Disposing of a dynamic research and development team, Fenghua is able to offer an own range of products. The soles manufactured by Fenghua are designed for performance sports shoes as well as for leisure and casual sports-inspired shoes targeting mid to high-end shoe producers in China and international brands. In the financial year 2014 Fenghua generated revenues of 90.1 million Euros. As of June 30, 2014, Fenghua employed 1,822 employees. For further information, please contact: Kirchhoff Consult AG Anja Ben Lekhal Tel: +49(0) 40 609 186 55 Mail: anja.benlekhal@kirchhoff.de Or visit: www.fenghua-ag.de/en Disclaimer This publication constitutes neither an offer to sell nor a solicitation to buy securities. The offer will be made solely by means of and on the basis of a published securities prospectus (including any amendments thereto, if any), which was published after approval by the German Financial Supervisory Authority (BaFin) on 10 October 2014. An investment decision regarding the publicly offered securities of the issuer should only be made on basis of the published prospectus. The public offering of the shares of the Company is conducted solely in Germany and Poland. On 10 October 2014, the German Financial Supervisory Authority (BaFin) approved the securities prospectus of Fenghua, and on the same day notified the Polish Financial Supervisory Commission. The securities prospectus was prepared in connection with the public offering of shares of Fenghua conducted in Germany and Poland and admitting and introducing of the shares of Fenghua to trading on the Frankfurt Stock Exchange and Warsaw Stock Exchange. This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The shares in Fenghua SoleTech AG have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not being and will not be offered or sold in the United States of America. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "qualified persons"). All securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, qualified persons. Any person who is not a qualified person should not act or rely on this document or any of its contents. The public offer in Poland and Germany will solely be made by means of and on the basis of a securities prospectus published on 10 October 2014. The securities prospectus is available free of charge at the Company's website under http://www.fenghua-ag.de/en and at the premises of Fenghua SoleTech AG, Frankfurt, and DF Capital, Warsaw. --------------------------------------------------------------------- 06.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: Fenghua SoleTech AG Mainzer Landstraße 41 60329 Frankfurt am Main Germany Phone: +49 (0)69 95925484 E-mail: fenghua@kirchhoff.de Internet: www.fenghua-ag.de ISIN: DE000A13SX89 WKN: A13SX8 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin - Tradegate Exchange, Düsseldorf, Stuttgart; Warschau Notierung vorgesehen (General Standard FRA, Reg. Markt Warschau) End of News DGAP News-Service --------------------------------------------------------------------- 295513 06.11.2014
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