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Price range for BLUE C AG shares set at EURO 9 to EURO 10
Frankfurt (ots) - When BLUE C New Economy Consulting & Incubation AG, Vienna, goes public, some 3.57 million individual shares will be on offer for public subscription from 17 to 22 August 2000 at a price of between EURO9 and EURO10. The proposed Greenshoe covers an additional 540,000 shares. The issuing volume thus totals EURO37m to EURO41m. Most of of the shares to be placed (3.46 million) are the result of a capital increase. They are being launched by a consortium headed by Commerzbank, together with Banca Leonardo, Banco Santander Central Hispano and Wolfgang Steubing AG. The issuing price is to be announced on 23 August and the share price will be quoted for the first time on the Neuer Markt of the Frankfurt stock exchange on 24 August. Following the launch and the Greenshoe, 32.9% of the total capital will be widely distributed among a number of shareholders. BLUE C AG is a global consulting and service network. The sections E-business and Incubation form the entire value-added chain of e-business services for market-makers in the new economy, namely telecommunications, banking and trade. In the innovative field of Incubation, BLUE C will be developing complete business models for present and potential customers. BLUE C AG has envolved via a number of stages from Rüdiger Nürk Managementberatung, founded in 1994. The firm now has 191 employees and in 1999 achieved EURO3.4m turnover, aiming to more than triple this figure to EURO11.1m in the current year. WKN: 940 118 For further information, please contact:
BLUE C Barbara Grüll Tel. +43 1 5223290-206 E-mail firstname.lastname@example.org.
ots Originaltext: Commerzbank AG
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