Teak Holz International AG
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The data below are a snapshot taken at the time of the initial public offering and are not
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| ISIN: | AT0TEAKHOLZ8 |
| Symbol: | TEAK |
| Trading segment: | Semi-official Market |
| Market segment: | standard market continuous |
| First day of trading: | March 29, 2007 |
| Offered shares: | up to 1,650,000 common shares and up to 247,500 common shares (Greenshoe) |
| Category: | no-par value bearer shares |
| Number of shares (before IPO): | 4,343,532 shares |
| Share capital (before IPO): | EUR 21,717,660 |
| Offering period: | scheduled from March 5, 2006 until March 27, 2007 |
| Price fixing: | The offering price was fixed and announced on March 28, 2007 |
| Price range: | between EUR 9.00 and EUR 11.50 |
| Offer price: | EUR 9.00 |
| Issuing volume (excl. Greenshoe): | EUR 14,850,000 |
| Issuing volume (incl. Greenshoe): | EUR 17,077,500
|
| Lead Manager: | Erste Bank der oesterreichischen Sparkassen AG
|
| Management Board: | Johannes Hofer
Reinhard Pfistermüller Klaus Hennerbichler |
| Supervisory Board: | Thomas Wolfesberger
Erwin Hörmann Gotthard Graf Pilati Alexander Hüttner |
| Shareholder structure (before IPO): | Hörmann Privatstiftung 48.72%
Klaus Hennerbichler 36.51% Thomas Wolfesberger 6.95% Johannes Hofer 6.08% Reinhard Pfistermüller 1.74% |
| Address: | Freistädter Straße 313
4040 Linz Tel.: + 43-732 908 90 990 |
| Internet: | www.teakholzinternational.com |
| Company profile: | Teak Holz International AG, an Austrian company based in Linz, specialises in
sustainable teak forestry investments in Costa Rica.
Teak Holz International AG concentrates on finding and afforesting land suitable for the production of the exotic wood teak (plantation development), the maintenance and cultivation of the teak plantations (operations) and the marketing of the teak. In addition to teak as a raw material (round wood, logs and blocks), Teak Holz International AG is also planning to sell sawn wood in the future. The rotation time for the plantation is at least 15 years, but it is proposed to thin the stock after the eighth year of cultivation (intervention). Our competitive advantage lies in the combination of suitable cultivation conditions in Costa Rica with European know-how, a result of our transfer to Costa Rica of state-of-the-art tree nursery knowledge and management know-how. Our commercial activity combined with social and ecological responsibility provides Teak Holz International AG with new insights and opportunities for growth. Teak Holz International AG is a fair employer for its Costa Rican workers and applies ecological principles. |
