Knorr-Bremse AG

Knorr-Bremse AG

Information on First Quotation

Description:
New Company (Regulated Market)
Transparency Standard on First Quotation:
Prime Standard
Transaction Type:
New Issue
Supersector:
Industrials
Sector:
Industrial
Subsector:
Industrial Machinery
Country:
Germany
Symbol:
KBX
First Trading Day:
12 Oct 2018
ISIN:
DE000KBX1006
Class:
Bearer shares without par value
Offering Period:
01 Oct 2018 - 10 Oct 2018
Issuing Method:
Bookbuilding Procedure
Bookbuilding Range:
€ 72.00 - 87.00
Subscription Price:
€ 80.00
First Price:
€ 80.10
Leading Underwriter:
Deutsche Bank Aktiengesellschaft, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc
Underwriter:

Joint Global Coordinators & Joint Bookrunners:
Deutsche Bank Aktiengesellschaft, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc

Joint Bookrunners:
Joh. Berenberg, Gossler & Co. KG, COMMERZBANK, UBS Limited, UniCredit Bank AG

Placement Volume excl. Greenshoe:
€ 3,448,278,320.00
Placement Volume in Shares excl. Greenshoe:
43,103,479
Placement Volume incl. Greenshoe:
€ 3,848,171,920.00
Placement Volume of Executed Greenshoe:
€ 399,893,600.00
Placement Volume of New Shares:
0
Placement Volume of Existing Shares:
48,102,149
Greenshoe in Shares:
5,256,521
Greenshoe Executed in Shares:
4,998,670
Priority Allocation:

As part of the Offering, KB Holding will offer Offer Shares to the members of the Executive Board on a preferential basis at the Offer Price and the members of the Executive Board have committed to acquire such number of shares. Such preferential allocation comprises Offer Shares with an aggregate value of EUR 3.15 million.

Allocation friends & family:
Capital Stock / Shares on First Quotation:
161,200,000
Total Market Cap on First Quotation:
€ 12,912,120,000.00
Market Cap (Free Float) on First Quotation:
€ 3,873,636,000.00
Free Float on First Quotation:
30.00 %
Change First Price compared to Issuing Price:
0.13 %
Further Information:

- Base offer will consist of 35,043,479 Base Shares
- Upsize Option: The offer further includes 8,060,000 Additional Base Shares from the holdings of the Selling Shareholder
- Possible over-allotment of up to 5,256,521 Over-Allotment Shares not exceeding 15% of Base Shares, subject to the exercise of the Greenshoe Option
- Selling shareholder: KB Holding GmbH

Number of Shares in Lockup Period

MonthsShares
6113,097,851

Shareholder Structure on First Quotation

NameBefore IPOAfter IPO
KB Holding GmbH95.00 %65.00 %
Ursus Vermögensverwaltungs GmbH5.00 %5.00 %
Free Float0.00 %30.00 %

Company Data

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