euro adhoc: Versatel AG / Financing, Stock Offerings (IPO) / Price range for Versatel shares 29 EUR to 36 EUR

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

19.04.2007

This Ad hoc announcement and the information contained herein are not
for distribution in the United States of America, Canada, Japan or
Australia.

Ad hoc announcement according to § 15 WpHG

Price range for Versatel shares 29 EUR to 36 EUR

Today German telecommunications provider Versatel, jointly with the
selling shareholder and the Joint Bookrunners Credit Suisse, Deutsche
Bank and J.P. Morgan have determined the price range within which
purchase offers for Versatel shares may be placed. The price range is
set between 29 Euro to 36 Euro per share. The offering consists of up
to 14,000.000 shares from a capital increase and up to 10,850.000
existing shares from the holdings of the selling shareholder (plus up
to 3,727.000 shares from the holdings of the selling shareholder with
respect to a potential over allotment). Interested investors may
submit offers to purchase shares during the period from April 20,
2007 to April 26, 2007. The offer period ends on April 26, 2007 at
12:00 PM (CEST) for private investors and at 3:00 PM (CEST) for
institutional investors. The final offer price is expected to be set
on April 26, 2007.

The trading on the official market (Amtlicher Markt) of the Frankfurt
Stock Exchange is expected to commence on April 27, 2007 under the
trading symbol VTW and the ISIN DE000A0M2ZK2 (International
Securities Identification Number). The delivery of the shares in
exchange for payment of the offering price and the customary
securities commission is expected to take place on May 2, 2007.

The offering consists of a public offer in the Federal Republic of
Germany and private placements outside of the Federal Republic of
Germany. The shares are being offered in the United States of America
in reliance on Rule 144A under the U.S. Securities Act to qualified
institutional buyers.

The information contained herein is not for publication or
distribution in the United States. The material set forth herein is
for informational purposes only and is not intended, and should not
be construed, as an offer of securities for sale into the United
States. The securities of Versatel described herein have not been and
will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the laws of any State, and may not
be offered or sold within the United States, except pursuant to an
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and applicable State laws. No
money, securities or other consideration is being solicited and, if
sent in response to the Information contained herein, will not be
accepted.

This communication is directed only at persons who (i) are outside of
the United Kingdom or (ii) have professional experience in matters
relating to investments or (iii) are persons falling within Article
49(2)(a) to (d) ("high net worth companies, unincorporated
associations etc") of The Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (all such persons together being
referred to as "relevant persons"). This communication must not be
acted on or relied on by persons who are not relevant persons. Any
investment activity to which this communication relates is available
only to relevant persons and will be engaged in only with relevant
persons.

end of announcement euro adhoc 19.04.2007 10:28:20
--------------------------------------------------------------------------------

ots Originaltext: Versatel AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Versatel, Marion Krause
Director Corporate Communications
Phone: +49 (0) 211 5 22 83 250
Fax: +49 (0) 211 5 22 83 111
Mail to: marion.krause@versatel.de

Branche: Telecommunications Equipment
ISIN: DE000AOM2ZK2
WKN: AOM2ZK
Index: TecDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard


	hier anmelden...