RIB Software AG: IPO including capital increase with subscription rights

RIB Software AG  / Key word(s): Capital Increase

24.01.2011 01:12

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.



RIB Software AG / IPO including capital increase with subscription rights
  - Offer period for RIB Software AG shares expected to run from 28 January
    2011 up to and including 3 February 2011

  - Subscription offer for existing shareholders commences on 25 January
    and ends on 7  February 2011

  - The offer comprises around 15.7 million shares, divided into about 9.8
    million new shares, as well as about 3.8 million existing shares and
    about 2.0 million existing Greenshoe shares from selling shareholders

Stuttgart, 23 January 2011 - Within the framework of the planned IPO of RIB
Software AG, 9,798,750 new shares will be offered by way of a capital
increase. In addition, existing shareholders will sell up to 3,837,022
existing shares and up to 2,045,368 existing shares with respect to an
overallotment option.

Assuming that the shares offered are placed and the overallotment option is
exercised in full, the free float is expected to be around 55%. Post IPO
and assuming that the overallotment option is fully exercised, Thomas Wolf
will hold approximately 27% of the company.

The offer period is expected to run from 28 January up to and including 3
February 2011. The new shares will be offered to existing shareholders
within the framework of a subscription offer lasting from 25 January until
7 February 2011. The price range will be set during the road show, which is
expected to run from 25 January to 3 February, 2011, with the price range
for the shares expected to be announced in the form of an ad-hoc
announcement on 27 January 2011. Following the expiry of the offer period,
the issue price is expected to be fixed on 3 February 2011 on the basis of
the order book created during the book-building process. Expected net
proceeds of the offering to the company will be approximately EUR 90
million, assuming that all new shares are placed.

RIB Software AG is an innovative international software company that
develops and sells integrated project management software solutions for the
construction industry. In October 2009, the company launched the German
version of its flagship product RIB iTWO(R) business suite, its new
software solution for digital construction, enabling virtual planning
combined with cost and time control and simulation of manufacturing and
maintenance processes. In 2010, it launched the English version and the
Chinese version. RIB iTWO(R) business suite has been developed in research
centres in Stuttgart and China. The company is continuing to invest in
promising future technologies such as cloud computing which involve open
platforms for e-commerce and services as well as price and product

This announcement does not constitute an offer to sell or the solicitation
of an offer or invitation to subscribe or purchase any of the securities
described herein in the United States or in any other jurisdiction. The
distribution of this announcement in other jurisdictions may be restricted
by law and persons into whose possession this announcement comes must
inform themselves about, and observe, any such restrictions. The offer will
be made exclusively by means of a securities prospectus, which contains
detailed information about the company, its business, operations and
management, and the offering, as well as the company's financial
statements. The securities prospectus can be obtained on the internet page
of the Company or at the registered office of the
Company at Vaihinger Straße 151, 70567 Stuttgart, as well as from the
Underwriters. The shares of the Company have not been, and will not be,
registered under the U.S. Securities Act of 1933 (the 'Securities Act') and
cannot be offered, sold, delivered or otherwise transferred in or into the
United States, except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act. There
will be no public offering of such securities in the United States.

Verena Mikeleit 
Tel.: +49 (0)711-7873 369 
Fax: +49 (0)711-7873 88369 
E-Mail: press[at] 

24.01.2011 DGAP's Distribution Services include Regulatory Announcements, 
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Language:     English
Company:      RIB Software AG
              Vaihinger Str. 151
              70567 Stuttgart
Phone:        +49 (0)711-7873-0
Fax:          +49 (0)711-7873-204
ISIN:         DE000A0Z2XN6
WKN:          A0Z2XN
Listed:       Freiverkehr in Hamburg
Notierung im Regulierten Markt angestrebt
End of Announcement                             DGAP News-Service

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