Ad-hoc news
, 12. July 2011

Youbisheng Green Paper AG: Going Public via “Safe IPO”

  • Issue price of 6.50 Euro
  • Free float initially 11.4%
  • Placement of 217,705 new shares

Munich, Germany, 12 July 2011. Youbisheng Green Paper AG, the German holding company of a Chinese producer of environmentally friendly linerboard for the growing Chinese consumer goods industry, has decided in liaison with the Sole Lead Manager BankM - Repräsentanz der biw Bank für Investments und Wertpapiere AG to execute the IPO as a “Safe IPO” due to the strategic importance of this step as announced. The allocation of the shares will take place at the bottom end of the price range. An over-allotment in the context of the so-called “greenshoe” did not take place.

A total of 217,705 no par value ordinary bearer shares (Inhaberstückaktien) were placed in the IPO of Youbisheng Green Paper AG at an issue price of EUR 6.50. Orders were allocated on a pro rata basis to generate a minimum free float for orderly trading and additionally to have a demand for the shares in the secondary market. Die consistent allocation quota for retail investors amounted to 70%. The total number of shares herewith amounts to 10.2 million.

Since the company has liquid funds amounting to EUR 13.0 million (as of 31 March 2011) and generated a cash flow from operations of EUR 4.4 million in Q1 2011 alone, the company’s growth strategy is secured. The long-term expansion of the company is to be achieved via other financing instruments and if necessary via a capital increase with participation of the major shareholder in a more favourable environment.

Youbisheng Green Paper AG shares are expected to be traded on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange with the ISIN DE000A1KRLR0, the Securities Identification No. (WKN) A1KRLR and the ticker symbol YB1 starting 13 July 2011. Book-entry delivery of the shares against payment of the offer is expected to take place on 13 July 2011.

About Youbisheng Green Paper AG

Youbisheng Green Paper AG is the German holding company of a Chinese clean-tech leader for environmentally friendly produced linerboard from up to 100% recovered fibres. The high-quality linerboard innovations of Youbisheng take up a special position in the Chinese market and are produced in the own production plant near Quanzhou City. They are used in the packaging industry in the Fujian and Guangdong Province (together about 141 million inhabitants), especially for visually attractive sales packaging and carrier bags of high-quality consumer goods.

Youbisheng has been operating as a linerboard producer since 2000. In fiscal year 2010 and with its production plants operating at full capacity, it manufactured almost 150,000 metric tons of linerboard, making it one of the biggest linerboard producers in Fujian and Guangdong Provinces. In fiscal year 2010, Youbisheng and its approximately 300 employees generated sales of about EUR 75.3 million with an EBIT margin of about 23.4% and a net income of about EUR 15.5 million.

Additional information:

ISIN: DE000A1KRLR0
WKN: A1KRLR
Ticker Symbol: YB1
Listing requested: Regulated Market / Prime Standard at Frankfurt Stock Exchange
Registered office of the company: Germany

For further information, please contact:


Kirchhoff Consult AG
Verena Rauch
Phone: +49 (0)40 60 91 86 34
E-Mail

Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 Munich
Germany
Phone: +49 (0)89 451 63 992
Fax: +49 (0)89 451 63 993
E-Mail


Disclaimer


This publication is not an offer of any securities for sale or a solicitation of an offer to purchase any securities. Subject to approval by the German Financial Service Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht), a prospectus was published, which is available free of charge from Youbisheng Green Paper AG (www.youbisheng-greenpaper.de) and the lead managers. The shares will be offered exclusively on the basis of this securities prospectus which has been approved by the German Financial Service Supervisory Authority.

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 Youbisheng Green Paper 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.