CM-Equity AG
SNOWBIRD AG: Successful start for the Snowbird AG’s share subscription – Growing interest among institutional investors
(DGAP-Media / 10.09.2014 / 15:28) Munich, 10/09/2014: Since yesterday, investors can subscribe for Snowbird AG's shares (ISIN: DE000A1PHEL8, WKN: A1PHEL, ticker symbol: 8S9). For the offered volume of up to 10,000,000 no-par value shares, the price range is set from EUR 5.50 to EUR 6.00 per share. The subscription period lasts until September 24th 2014. The final Offer Price is expected to be announced on the same day. The first trading day of the Snowbird AG shares in the Prime Standard segment of the Frankfurt Stock Exchange is scheduled for September 29th 2014. The Snowbird AG is a global leading down refiner and manufacturer of high quality down, down clothing, and down bedding products such as down duvet and down pillows. Mr. Michael Kott, CEO of CM-Equity AG & Co. KG, who is acting a the Global Coordinator and Joint Bookrunner of the deal stated: "We managed to achieve very encouraging feedback and strong interest for Snowbird shares from the Roadshow meetings with institutional investors in major Asian cities such as Hong Kong and Singapore and Bangkok. The equity story is demanding and this reflects already in our order book. Currently, CM-Equity is accompanying the Snowbird Management in conducting the Europe Road Show to reach out to institutional investors in seven European countries. We are also experiencing the first strong demand from these destinations." During the subscription period, investors can place their orders with their principal bank, a direct investment bank or alternatively directly with the CM-Equity AG & Co. KG. Your contacts at CM-Equity AG & Co. KG: Ms. Danwen Qin, Mr. Rainer Günther, Ms. Amina Boukharrata Tel +49 (89) 1890 474 68 or e-mail: ipo@cm-equity.de End of Media Release --------------------------------------------------------------------- Issuer: CM-Equity AG & Co. KG Key word(s): Finance 10.09.2014 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 286412 10.09.2014
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