“Deutsche Börse has considerably improved its primary market offering over recent years, making it the listing platform of choice within the Euro-zone,” said Rainer Riess, Managing Director of Deutsche Börse AG. “We welcome C.A.T. Oil AG as the first foreign issuer of the year in the Prime Standard segment. By choosing to list in Frankfurt C.A.T. Oils AG will have access to one of the most efficient and high-performance capital markets in the world, using the world’s largest stock exchange network. Riess highlighted the fact that Deutsche Börse’s listing fees not only range amongst the lowest of any leading exchange operator, but are also identical for international and domestic companies.
According to C.A.T. Oil AG, headquartered in Baden, Austria, the company is one of the leading providers of oilfield services in Russia and Kazakhstan, specializing in well productivity enhancement. The two operating subsidiaries in Russia provide a wide spectrum of services to improve the flow of oil and natural gas throughout the public life of a well.
Issuers can choose between three clearly defined market segments for the admission of their shares to the FWB. Exchange regulated Entry Standard and EU Regulated General Standard and Prime Standard. Companies in the Prime Standard segment agree to comply with additional transparency requirements based on international best-practice.
IPO on the FWB Frankfurt Stock Exchange: C.A.T. Oil AG
ISIN: AT0000A00Y78
Type of Admission: New Issue
First Trading Day: 4 May 2006
Market Segment: Prime Standard (Official Market) Sector/Industry Group: Basic Resources/Oil & Gas Issue Price (in €):
€15.00 (US$ 18.92) Placement Volume in Shares: 17,000,000 (excl. Greenshoe of 2,550,000) First Price (in €): €17.20 (US$ 21.69)
Underwriter: Sole Global Coordinator/Sole Bookrunner: Dresdner Kleinwort Wasserstein Co-Lead Manager: Erste Bank Austria Lead broker: Hans-Wilhelm Weber Wertpapierhandels GmbH
FWB Frankfurt Stock Exchange – New Issues and New Admissions in 2006 Prime Standard: 6 New Issues, 1 Dual Listing General Standard: 1 New Issue Entry Standard: 5 New Issues, 5 New Admissions and 4 Transfers from the Open Market Open Market:11 New Admissions