Senvion S.A.: Final offer price set at EUR 15.75 per share

Senvion S.A.  / Key word(s): IPO

21.03.2016 23:09

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Hamburg: The current owners of Senvion S.A. ("Senvion"), Centerbridge and
Arpwood, after consultation with Senvion and in coordination with the Joint
Global Coordinators, have today set the final offer price for Senvion
shares at EUR 15.75 per share. The Senvion shares will be traded on the
regulated market (Prime Standard) of the Frankfurt Stock Exchange under the
trading symbol SEN and the International Securities Identification Number
(ISIN) LU1377527517 from 23 March 2016.

A total of 18,687,500 shares were placed with investors in the private
placement, including 16,250,000 base shares from the holdings of the
existing shareholders and an additional 2,437,500 shares, also from the
holdings of the current owners, of over-allotments. In order to cover
over-allotments, the selling shareholders have granted the underwriters an
option to purchase up to 2,437,500 shares in addition to the base shares at
the offer price (the "Greenshoe Option"). Centerbridge and Arpwood will
together retain a stake of approximately 71.25% of the Company's share
capital, assuming full exercise of the Greenshoe Option. The total offer
volume, including over-allotments, amounts to about EUR 294 million and
equates to a market capitalization of EUR 1.02 billion for Senvion.

About Senvion
Senvion is a leading global manufacturer of onshore and offshore wind
turbines. The international mechanical engineering company develops,
produces and markets wind turbines for almost any location - with rated
outputs of 2 megawatts ("MW") to 6.2 MW and rotor diameters of 82 meters to
152 meters. Furthermore, the company offers its customers project specific
solutions in the areas of turnkey, service and maintenance, transport and
installation, as well as foundation planning and construction. The
profitable and reliable systems are designed at the Senvion TechCenter in
Osterrönfeld and manufactured at its German plants in Husum (North
Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With
approximately 3,900 employees worldwide, the company - headquartered in
Hamburg - makes use of the experience gained from the manufacture and
installation of more than 6,600 wind turbines around the world. Senvion is
represented in European markets such as France, Belgium, the Netherlands,
the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global
level in the USA, China, Australia and Canada.

Press contact
Verena Puth
phone: +49 40 5555 090 3051
mobile: +49 174 30 54 576

Investor Relations contact
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185


Information and Explanation of the Issuer to this News:

Certain statements in this ad hoc release are forward-looking statements.
By their nature, forward-looking statements involve a number of risks,
uncertainties and assumptions that could cause actual results or events to
differ materially from those expressed or implied by the forward looking
statements. These risks, uncertainties and assumptions could adversely
affect the outcome and financial consequences of the plans and events
described herein. No one undertakes any obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. You should not place any undue
reliance on forward-looking statements which speak only as of the date of
this press release. Statements contained in this ad hoc release regarding
past trends or events should not be taken as representation that such
trends or events will continue in the future. The cautionary statements set
out above should be considered in connection with any subsequent written or
oral forward-looking statements that Senvion S.A. (the 'Company'), or
persons acting on its behalf, may issue.

This ad hoc release does not constitute an offer of securities for sale or
a solicitation of an offer to purchase securities. The securities referred
to in this ad hoc release have not been, and will not be, registered under
the U.S. Securities Act of 1933, as amended (the 'Securities Act'), and may
not be offered or sold in the United States absent registration or an
exemption from registration under the Securities Act.

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Language:     English
Company:      Senvion S.A.
              25C, boulevard Royal
              2449 Luxembourg
              Grand Duchy of Luxembourg
Phone:        +49 40 5555 090 3517
Fax:          +49 40 5555 090 3911
ISIN:         LU1377527517
WKN:          A2AFKW  
Listed:       Regulated Market in Frankfurt (Prime Standard); Luxemburg
Notierung vorgesehen / intended to be listed (Frankfurt, Prime Standard)
End of Announcement                             DGAP News-Service