Lufthansa launches placement of shares in Amadeus
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.
Lufthansa Group has launched a placement of 3.61 per cent of the shares in Amadeus IT Holding, S.A. today. This placement represents 16.2 million shares from Lufthansa?s holding, which are offered for sale by way of an institutional private placement. Accordingly, Lufthansa?s stake in Amadeus would decline from 7.61 per cent to four per cent.
The placement is launched by Lufthansa AITH Beteiligungs-GmbH (AITH), a subsidiary of Lufthansa Group. The transaction will combine the placement of shares from Lufthansa with a placement of up to 7.4 million shares (represents 1.66 per cent) in the context of a hedging transaction by Air France-KLM. Furthermore Lufthansa, Iberia and Air France-KLM, all of which are major shareholders of Amadeus IT Holding, S.A., have each agreed to a lock-up period of 90 days for their respective remaining holdings. Lufthansa will announce the results of its private placement as soon as possible.
With this step Lufthansa Group is further pursuing its active portfolio management. Through the intended partial sale of this financial investment and the realized increase in value, Lufthansa Group will further strengthen its liquidity position. The shareholding of four per cent retained by Lufthansa Group is intended to be transferred to the Lufthansa Pension Trust.
This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities.
This release is not an offer of securities for sale in or into 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?). Any public offering of securities to be made in or into the United States of America will be made by means of a prospectus that may be obtained from Amadeus IT Holding S.A. and that will contain detailed information about the company and management, as well as financial statements. There will be no public offer of the securities in or into the United States of America.
Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.
Deutsche Lufthansa AG
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