17 February 2014

HeidelbergCement takes over logistics company Kerpen & Kerpen in exchange for new shares

HeidelbergCement has increased its participation in the logistics company Kerpen & Kerpen GmbH & Co. KG from previously 30% to 100%. The purchase price of around €23.5 million was paid in the form of 416,477 new HeidelbergCement shares, which were issued as part of a capital increase in return for contributions in kind. Kerpen & Kerpen will be fully integrated into HeidelbergCement's business in Germany, constituting the core of the transport logistics that will be centrally organised in the future.

In 1999, HeidelbergCement acquired 30% of the logistics company Kerpen & Kerpen and entered into a management contract in 2003, whose minimum term expired at the end of 2013. The takeover of the remaining stake in exchange for new HeidelbergCement shares is based on option rights, which were granted at that time.

The issuance of 416,477 new shares resulted from the Authorised Capital II subject to the exclusion of the subscription right of shareholders. HeidelbergCement's subscribed share capital thus increased slightly by almost €1.25 million (equivalent to 0.22%) to around €563.75 million. As of 1 January 2014, the new shares shall be entitled to dividends and are to be admitted to trading immediately after the Annual General Meeting on 7 May 2014.

Due to the capital increase, the share of Spohn Beteiligungen GmbH in HeidelbergCement AG decreased slightly from 25.01% to 24.95%. Since the share of Spohn Cement Beteiligungen GmbH and its parent company UBH Holding GmbH fell below the threshold of 25%, they sent us today voting rights notifications in accordance with §§ 21, 22 of the German Securities Trading Law (Wertpapierhandelsgesetz) that we released according to legal prescription. Merckle group informed us that no shares of the company were sold and that they remain invariably an anchor shareholder of HeidelbergCement with voting rights of more than 25%.

About Kerpen & Kerpen

Kerpen & Kerpen GmbH & Co. KG was founded in 1967. The company owns and operates a fleet of 100 own silo trucks and is active in the trading and transport of cement, fly ash, and other powdery goods in Germany, Belgium, Holland, Luxembourg, France, Switzerland, and Austria.

About HeidelbergCement

HeidelbergCement is one of the largest building materials manufacturers worldwide, as the global market leader in aggregates and with leading positions in cement, concrete, and other downstream activities. The Group employs around 52,600 people at 2,500 locations in more than 40 countries.

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Andreas Schaller

Group Spokesman, Director Group Communication & Investor Relations
+49 6221 481 13249
+49 6221 481 13217
HeidelbergCement AG
Berliner Straße 6
69120 Heidelberg