InVision IPO: Issue Price Fixed at Euro 32

  • 1,077,000 shares have been successfully placed

The shares of InVision Software AG will be issued at Euro 32.00 per share. All 1,077,000 offered shares of InVision have been successfully placed. Including the overallotment, the issue volume will thus be Euro 34.5 million. InVision gross around Euro 22.9 million in proceeds from the IPO. The free float will reach approx. 48 percent if the greenshoe option will be completely exercised. InVision’s founders will thus retain their majority stake in the company.

Of the 1,077,000 shares 714,996 shares result from a capital increase and 221,530 shares result from a secondary placement. To provide the greenshoe, up to 140,474 additional shares have been made available by the current shareholders. The share capital of InVision Software AG will comprise 2,235,000 shares after the capital increase has been implemented. Allocation of the shares will take place on 15 June 2007. The commencement of trading on the official market (Prime Standard) of the Frankfurt Stock Exchange is scheduled for Monday, 18 June 2007. WestLB AG is acting as the Sole Lead Manager and Sole Bookrunner for this IPO. M.M.Warburg & CO KGaA is the Co-Lead Manager.

InVision’s core business consists in developing and marketing software solutions that support companies in optimising the deployment of their staff (Workforce Management). Since 1995 InVision has been developing software-supported solutions for highly complex optimisation problems and considers this to be an essential part of its competitive edge. Optimised employee scheduling can cut an enterprise’s staff costs because an optimum number of employees is on duty at all times. In this way InVision´s customers usually achieve return on investment within 6 to 12 months. Moreover, optimised staff planning also ensures satisfied customers who, for example, no longer have to spend precious time queuing at the checkout. And it means motivated employees, whose preferred working hours are taken into account as far as possible in the optimisation process.

  • International Securities Identification Number (ISIN): DE0005859698
  • Securities Code No. (WKN): 585969
  • Ticker Symbol: IVX
  • Common Code: 030194381

DISCLAIMER

This publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. The offer is closed and the shares have been placed.

This publication and the information contained herein is not for distribution, neither directly nor indirectly, in or into the Unites States of America, Canada, Australia or Japan.

This publication does not constitute an offer for sale of any securities into the United States. Securities, including any shares of InVision Software AG in the course of the offer, may not be offered or sold in the United States or to, or for the account or benefit of, US persons (as such term is defined in Regulation S under the Securities Act of 1933 as amended (the “Securities Act”)) unless they are registered under the Securities Act or exempt from registration. There will be no registration or public offer of any securities of InVision Software AG in the United States.