Dialog Semiconductor Plc.: Dialog Semiconductor confirms successful placing of Apax Partners' remaining stake
Aug 09 11:14
Dialog Semiconductor Plc. / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer / publisher is solely responsible for the
content of this announcement.
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Kirchheim/Teck, Germany, 6th August 2009 - Dialog
Semiconductor plc (FWB: DLG) announces today the
successful placement with institutional investors of
the remaining 14.2% (6,543,839 shares) stake in Dialog
previously held by Apax Partners LLP, the global
private equity advisory firm who led the management
buyout of Dialog in 1998. This institutional placing
was arranged and executed by Jefferies International
Limited. Following the disposal, Apax Partners no
longer have a shareholding in Dialog.
Commenting on the placing Dialog Chief Executive
Officer, Dr. Jalal Bagherli said:
'On behalf of Dialog's Management and its Board, I
would like to thank Apax Partners for its long standing
commitment and support to our Company.
Apax's contribution over the past eleven years has
been very important to our development and growth. We
are pleased with the successful placement of their
remaining stake with high caliber institutional
investors.'
For further information please contact:
Dialog Semiconductor FD - London FD -
Frankfurt Neue Straße 95 Matt Dixon
Ivo Lingnau D-73230 Kirchheim/Teck T +44 20
7831 3113 T +49 69 920 37 133 Germany
matt.dixon@fd.com ivo.lingnau@fd.com T
+49-7021-805-412 F +49-7021-805-200
dialog@fd.com
www.dialog-semiconductor.com
About Dialog Semiconductor
Dialog Semiconductor creates energy-efficient, highly
integrated, mixed-signal circuits optimised for
personal mobile, lighting & display and automotive
applications. The company provides flexible and
dynamic support, world-class innovation and the
assurance of dealing with an established business
partner. Customers with a significant contribution to
revenue include Sony-Ericsson, Apple, Bosch and
TridonicAtco.
With its unique focus and expertise in system power
management, Dialog brings decades of experience to the
rapid development of integrated circuits for power
management, audio, display processing and control.
Dialog's processor companion chips are essential for
enhancing both the performance of hand-held products
and the consumers' multimedia experience.
With world-class manufacturing partners, Dialog
operates a fabless business model.
Dialog Semiconductor plc is headquartered near
Stuttgart with a global sales, R&D and marketing
organisation. In 2008, it had more than $160 million in
revenue and was the fastest growing European public
semiconductor company, achieving a growth rate of more
than 85%. It currently has approximately 300 employees.
The company is listed on the Frankfurt (FWB: DLG) stock
exchange.
- Ends -
06.08.2009 Financial News transmitted by DGAP
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| Language: | | English | | Issuer: | | Dialog Semiconductor Plc. Tower Bridge House, St. Katharine's Way E1W 1AA London Großbritannien | | Phone: | | +49 7021 805-412 | | Fax: | | +49 7021 805-200 | | E-mail: | | birgit.hummel@diasemi.com | | WWW: | | www.diasemi.com | | ISIN: | | GB0059822006 | | WKN: | | 927200 | | Indices: | | MIDCAP, PRIMEALL, TECHALLSHARE | | Listed: | | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg | | | | End of News | | DGAP News-Service |
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