World News: 13:48 GMT Thursday 8th February 2018. [EQS Group via SPi World News]
DGAP-News: De Raj Group AG / Key word(s): IPO
NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR OTHER COUNTRIES WHERE SUCH RELEASE, PUBLICATION, OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT REGULATIONS.
'The Group intends to expand its business in the future. To facilitate this expansion, the Group opted for the listing to gain direct access to the capital markets close to our operations in Europe, and thus benefit from additional sources for financing of the future growth of our business' underlined Alexander de Raj, Shareholder and Chairman of the Supervisory Board the listing.
The De Raj Group owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. The Group owns a diversified portfolio of contracted renewable and conventional generation assets in Europe and is validating an international expansion plan in the Middle East and the Asia Pacific region.
'Currently, the De Raj Group AG acts as a holding and service company, especially in the procurement of financing and equity for the operating divisions', explained Vaidyanathan Nateshan, Group CEO, elucidating the tasks of the listed Group.
The listing is based on the approved Prospectus (15 November 2017) and the approved Supplement to the Prospectus (18 January 2018), each approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, 'BaFin').
The Prospectus and the Supplement to the Prospectus were published on the Company's website at www.thederajgroup.com.
De Raj Group AG, Christophstr. 15-17, 50672 Cologne, Germany
For further information:
The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act') and may not be offered or sold within the United States absent registration or an exemption from the registration requirements under the Securities Act. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of Shares in the United States or elsewhere.
The Company has not authorized any offer of Shares. No action has been undertaken or will be undertaken to make an offer of Shares to the public.
This announcement is not an advertisement within the meaning of the Prospectus Directive and does not constitute a prospectus.
This document may contain forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of the Company and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company and other factors. The Company does not assume any obligations to update any forward-looking statements.
Neither these materials nor any copy of it may be taken or transmitted, directly or indirectly, into the United States, Australia, Canada, Japan or the South Africa. These materials do not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase or subscribe nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of these materials and other information in connection with the listing may be restricted by law.
|Company:||De Raj Group AG|
|Phone:||+49 221 299 85 07|
|Fax:||+49 221 299 85 08|
|Indices:||WBI Wiener Börse Index|
|Listed:||Foreign Exchange(s) Wien (Amtlicher Handel / Official Market)|
|End of News||DGAP News Service|
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