Boskalis Raises Cash to Finance Dockwise Acquisition (The Netherlands)

Boskalis Raising Cash to Finance Dockwise Acquisition (The Netherlands)

Royal Boskalis Westminster N.V. (Boskalis) has successfully raised EUR 320 million of equity at a price of EUR 33.00 per ordinary share. A total number of 9,696,969 new ordinary shares (the Shares) were placed, 4,896,180 through an accelerated bookbuild offering (the ABB Offering) and 4,800,789 through a private placement (the Private Placement) with HAL Investments and Project Holland Fund.

The net proceeds of the equity offering will be used to partly finance the public offer for Dockwise Ltd. (see press releases 26 November 2012, 21 December 2012, 24 December 2012 and 8 January 2013).

Allocation of the Shares has taken place today, 11 January 2013. Settlement of the ABB Offering and the Private Placement and the admittance of the Shares to listing and trading on NYSE Euronext in Amsterdam is expected to take place on 16 January 2013.

After settlement of the ABB Offering and the Private Placement, Boskalis’ total number of outstanding shares will amount to 116,980,648 shares.

ABN AMRO and ING, are acting as Joint Global Coordinators and Joint Bookrunners for the ABB Offering. Kempen & Co is acting as placing agent of the Private Placement and advisor to Boskalis in the context of the Offering.


Press Release, January 11, 2013