Senvion S.A.: Senvion relaunches private placement of up to 18,687,500 shares at EUR 15.50-17.00 per share

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

21.03.2016 08:26

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: Against the background of numerous investor inquiries, Senvion
S.A. and its shareholders Centerbridge and Arpwood have decided to relaunch
a private placement and listing of shares on revised terms: The placement
price is now in the range of EUR 15.50 and EUR 17.00 per share.

The selling shareholders are offering up to 18,687,500 million shares in
the private placement: a base offer of 16,250,000 million shares, and an
additional 2,437,500 shares to cover potential over-allotments. In order to
cover potential 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 (greenshoe option). The placement price per share is
expected to be determined on 22 March 2016, Senvion shares are expected to
start trading on the regulated market segment of the Frankfurt Stock
Exchange (Prime Standard) on 23 March 2016.

Assuming full exercise of the greenshoe option, the free float following
the private placement is expected to amount to approximately 28.75% of
Senvion's issued and outstanding share capital.

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:       Luxemburg
End of Announcement                             DGAP News-Service