date:May 16, 2014
Within a very short period of time Symrise AG successfully completed the capital increase from authorized capital announced on the previous evening. The Company used an accelerated bookbuilding procedure to place 11,150,000 new shares with institutional investors.
The shares were offered at an issue price of 36 per share. Symrise intends to use the funds raised by the issue to partially finance the planned takeover of the Diana Group.
We are delighted with the positive response from investors