Against the background of numerous investor inquiries, Senvion S.A. and its shareholders Centerbridge and Arpwood have decided to relaunch a private placement and listing of shares on revised terms.
The selling shareholders are offering up to 18,687,500 million shares in the private placement: a base offer of 16,250,000 million shares, and an additional 2,437,500 shares to cover potential over-allotments. In order to cover potential over-allotments, the selling shareholders have granted the underwriters an option to purchase up to 2,437,500 shares in addition to the base shares (greenshoe option). Senvion shares are expected to start trading on the regulated market segment of the Frankfurt Stock Exchange (Prime Standard) on 23 March 2016. the free float following the private placement is expected to amount to approximately 28.75% of Senvion's issued and outstanding share capital.
