22 September 2009

HeidelbergCement AG determines price for capital increase and private placement at EUR 37 per share – net proceeds of EUR 2.25 billion expected

as determined the subscription price for the 62.5 million new shares from the capital increase 2009 and the offer price for the preceding private placement of the new shares solely with qualified institutional investors at EUR 37 per share. The subscription period for the new shares will run from 24 September 2009 to 7 October 2009. The company will receive net proceeds of approximately EUR 2.25 billion from the capital increase. The share offer was several times oversubscribed.

“With the successful capital increase we have consistently continued the refinancing of HeidelbergCement and significantly strengthened our balance sheet,” says Dr. Bernd Scheifele, Chairman of the Managing Board. “We are pleased by the high number of qualified institutional investors especially from the US and UK which we were able to win in the context of the share offer. The successful capital increase and placement of old shares underline the confidence of the market in the development of our company.”

Concurrently, the company’s major shareholders (Spohn Cement GmbH and VEM Vermögensverwaltung GmbH and certain subsidiaries of VEM, all of which are controlled by Ludwig Merckle) as well as certain companies related to VEM and certain banks have sold a total of 57.2 old shares solely to qualified institutional investors.

After successful conclusion of the placement of the shares, the number of outstanding shares in HeidelbergCement will rise from 125 million to 187.5 million. At the same time, the free float is expected to increase to at least 70%.

About HeidelbergCement

HeidelbergCement is the global market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. The company employs some 57,000 people at 2,600 locations in around 40 countries.

Heidelberg, 22 September 2009


The information contained herein serves information purposes and does not constitute a prospectus or any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of HeidelbergCement AG. The offer is being made solely by means of, and on the basis of, the prospectus approved and published on September 14, 2009, (including any amendments thereto, if any). An investment decision regarding the publicly offered securities of HeidelbergCement AG should only be made on the basis of the prospectus. The prospectus is available free of charge from HeidelbergCement AG (Berliner Str. 6, 69120 Heidelberg) and on the website of HeidelbergCement AG under www.heidelbergcement.com.

This release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities described herein will not be registered under the Securities Act.

The information contained in this release may not be issued or distributed in or into the United States of America, Canada, Australia or Japan and does not constitute an offer to sell nor a solicitation of an offer to buy securities in the United States of America, Canada, Australia or Japan.

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Andreas Schaller

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