Ducati Names UBM for Capital Increase
January 20 2006 - 6:14AM
PR Newswire (US)
BOLOGNA, Italy, January 20 /PRNewswire-FirstCall/ -- Ducati Motor
Holding S.p.A. (NYSE: DMH; Borsa Italiana: DMH) announced today
that it has named Unicredit Banca Mobiliare S.p.A. (UBM) to assist
the company in evaluating, organizing and conducting a possible
capital increase, in one or more instances, for up to a maximum of
Euro 80 million, through an offer of ordinary shares to its
shareholders. UBM will also promote and set up a syndicate of
stand-by underwriters who will subscribe to any shares that may
remain unsubscribed to at the conclusion of the transaction. For
this purpose, an Extraordinary Shareholders' Meeting has been
called for January 26th, 2006 (second call) at 4:30pm (CET) to
grant the Board of Directors the power to increase the Company's
share capital, in one or more instances, over a period of five
years, for up to a maximum of Euro 80 million through the issuance
of DMH ordinary shares to be offered to shareholders by way of
subscription rights. Founded in 1926, Ducati develops
racing-inspired motorcycles characterized by unique engine
features, innovative design, advanced engineering and overall
technical excellence. The Company produces motorcycles in six
market segments which vary in their technical and design features
and intended customers: Superbike, Supersport; Monster, Sport
Touring, Multistrada and Sport Classic. The Company's motorcycles
are sold in more than 60 countries worldwide, with a primary focus
in the Western European and North American markets. Ducati has won
thirteen of the last fifteen World Superbike Championship titles
and more individual victories than the competition put together.
For more information about the Company, please visit our web site
at http://www.ducati.com/ This press release contains statements
that are forward-looking and are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from those anticipated, as described in documents previously filed
by the Company with CONSOB and with the U.S. Securities and
Exchange Commission. These materials are not an offer of securities
for sale in the United States. The securities may not be offered or
sold in the United States absent registration with the United
States Securities and Exchange Commission or an exemption from
registration under the U.S. Securities Act of 1933, as amended. Any
public offering of the company's securities to be made in the
United States will be made by means of a prospectus that may be
obtained from the company and that will contain detailed
information about the company and its management, including
financial statements. DATASOURCE: Ducati Motor Holding S.p.A.
CONTACT: Fabrizio Nardi, Director, Investor Relations, Ducati Motor
Holding S.p.A., Via Cavalieri Ducati, 3 Bologna 40132, Italy, Main
Tel: +39-051-6413-111, Direct Tel: +39-051-6413-213
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