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Public disclosure of inside information pursuant to Article 17 MAR

Placement price for Vtion Wireless Technology shares is EUR 10.75

Frankfurt, 30 September 2009.

The Vtion Group, one of the three leading suppliers of wireless data card solutions for mobile computer use in China, has decided in liaison with the lead manager Sal. Oppenheim jr. & Cie. on a placement price of EUR 10.75 for the shares offered in the IPO. This means that the placement price is in the middle of the price range of EUR 9.50 to EUR 12.00 per share. The placement was multiply oversubscribed at this price.


A total of 5,175,000 shares were placed in the Vtion Wireless Technology AG IPO. 4,500,000 of these shares come from a capital increase and 675,000 shares come from the existing shareholders in the context of a greenshoe option.

The issue volume amounts to about EUR 55.6 million including the greenshoe option. The company will be receiving net proceeds of about EUR 44.3 million from the placement. The free float will amount to about 32.4 per cent on the basis of the fully exercised greenshoe option. About 21 per cent of the issue volume (including greenshoe option) was allocated to private investors.

The Vtion Wireless Technology AG shares will probably be traded in the Prime Standard at Frankfurt Stock Exchange from 1. October 2009 onwards with the ISIN DE000CHEN993.


Additional information:
ISIN: DE000CHEN993
Securities Identification No. (WKN): CHEN99
Listing: Regulated Market / Prime Standard at Frankfurt Stock Exchange
Registered office of the company: Germany

 

Investor Relations
Janina Wismar
Kirchhoff Consult AG
Herrengraben 1
20459 Hamburg
Germany
Tel. +49 40-60918650
E-mail: janina.wismar@kirchhoff.de

 

Disclaimer

This publication is not an offer of any Vtion Wireless Technology securities for sale or a solicitation of an offer to purchase any such securities. The shares have already been sold.

This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of Vtion Wireless Technology AG (the "Shares") have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.

This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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