Bastei Lübbe AG: Publication of a Corporate News announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Bastei Lübbe AG / Key word(s): IPO

27.09.2013 / 15:49

Publication of a Corporate News announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Bastei Lübbe AG lowers the price range and extends the subscription period by one day

Cologne, 27 September 2013 - Bastei Lübbe AG lowers the price range for the shares currently offered in a public offering to EUR 7.50 - 9.00 per share. Interested investors now have the opportunity to subscribe until 2 October 2013. Shares may be subscribed to by investors either through their bank or directly over the Deutsche Börse (German Stock Exchange) in Frankfurt. Subscriptions which have already been submitted are still valid and will be considered based on the reduced price range, unless investors make use of their granted right to withdraw their subscription within two working days after the publication of the supplement to the prospectus, which includes the change in the price range.

Up to 5,300,000 no par value ordinary bearer shares with no par value (shares) with a proportionate amount of the share capital of EUR 1.00 per share are being offered. Of these, up to 3,300,000 million shares from a capital increase in Bastei Lübbe AG, which would raise the share capital of EUR 10,000,000.00 to up to EUR 13,300,000.00. The remaining 2,000,000 shares are offered as part of a placement and a possible over-allotment option from the share holdings of Lübbe Beteiligungs-GmbH. Consequently, a gross offering size of up to EUR47.7 million is anticipated.

In the Company's view, the reduction of the price range has no adverse change in the planned strategic investments which should be financed from the proceeds of the capital increase. The use of proceeds will focus on intensifying the development of own content as well as on the planned digitalization and globalization of content and brands.

The offering terms and conditions originate from the Federal Financial Supervisory Authority (BaFin) approved prospectus and can be found on the Company's website (www.luebbe.de). A supplement to the prospectus regarding the price range change and extension of the subscription period is currently being prepared. After approval by the Federal Financial Supervisory Authority (BaFin), the supplement will also be published on the Company's website (www.luebbe.de).

Questions regarding subscriptions can be addressed directly to the Frankfurt Stock Exchange retail investors hotline (+49 (0) 69/ 211 18310).

About Bastei Lübbe AG

Bastei Lübbe AG is a German publishing and media group long renowned for bringing popular fiction as well as non-fiction to the mass market. Its business activities include not only paperback and hardback books in print form but also audiobooks, e-books, and other digital publications. Its catalogue includes a wide range of fiction, non-fiction and entertainment products intended for a wide readership, including not only the various highly successful paperback fiction series for which Bastei Lübbe has long been famed but also puzzle books and magazines. The group's business activities additionally include the licensing of book rights and the creation, production and marketing of gift, decorative and merchandising articles.

Bastei Lübbe also owns the following non-consolidated shareholdings in companies: 90% of Moravská Bastei MOBA, s.r.o. (Brno, Czech Republic), 100% of Bastei Media GmbH (Erfurt, Germany), 50% of PRÄSENTA PROMOTION INTERNATIONAL GmbH (Solingen, Germany), and 100% of Bastei Lübbe Verwaltungs GmbH (Cologne, Germany).
The company also has smaller shareholdings in various book and periodical distribution companies, none of which exceeds 5% of the respective company's registered capital.
The business activities of Bastei Lübbe are broadly divided into segments: Books, Non-Books, and Popular Fiction and Puzzle Publications, which in turn include various product areas. The group publishes under 13 different labels, which span its full range of market segments and product areas.

For the fiscal year 2012/2013, 80% of the group's revenues were derived from the Books segment, while 11% came from Non-Books and the remaining 9% from Popular Fiction and Puzzle Publications.
At the end of its fiscal year 2012/2013, the number of staff employed by Bastei Lübbe was 265, compared to 210 at the close of the prior fiscal year. These figures do not include the 15 staff employed by its non-consolidated subsidiary Moravská Bastei MOBA, s.r.o. (Brno, Czech Republic), or at its other non-consolidated subsidiaries and affiliates (Bastei Media GmbH and PRÄSENTA PROMOTION INTERNATIONAL GmbH). As of the date of the offering prospectus, the number of staff was 305, a further increase since the end of fiscal year 2012/2013.


This publication and the information contained therein do not constitute an offer to sell or a solicition of an offer to buy or subscribe for securities of Bastei Lübbe AG. There will be no public offering of securities of Bastei Lübbe AG outside Germany, Austria and Luxembourg. The public offering in Germany, Austria and Luxembourg is being made exclusively on the basis of the securities prospectus (including any supplements thereto), which has been approved by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and which has been notified to the responsible authorities in Austria and Luxembourg. The prospectus (including any supplements thereto) is available on the website of Bastei Lübbe AG (www.lübbe.de) and at the company (Schanzenstraße 6 - 20, 51063 Köln) and is the sole commanding document for the offering. Any decision by investors to invest in shares of Bastei Lübbe AG should be made exclusively on the basis of the prospectus (including any supplements thereto).

This publication and the information contained therein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia and Japan or in any other jurisdiction in which such offer or solicitation would be restricted by law. Any violation of these restrictions may constitute a violation of the securities laws of such jurisdictions.

This publication does not constitute an offer for securities in the United States. Securities, including the shares of Bastei Lübbe AG within the offering, may not be sold or offered for sale within the United States or to or for the account of U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933 as amended (the 'Securities Act')) unless they have been registered under the Securities Act or on the basis of an exemption from the registration requirement. There is no intention to register the offering or a part thereof in the United States or to make a public offering of securities in the United States.

This document includes 'forward-looking statements'. Forward-looking statements are all statements, which do not describe facts of the past, but containing the words 'believe', 'estimate', 'expect', 'anticipate', 'assume', 'plan', 'intend', 'could', and words of similar meaning. These forward-looking statements are subject to inherent risks and uncertainties since they relate to future events and are based on current assumptions and estimates of Bastei Lübbe AG, which might not occur at all or occur not as assumed. They therefore do not constitute a guarantee for the occurrence of future results or performances of Bastei Lübbe AG. The actual financial position and the actual results of Bastei Lübbe AG, as well as the overall economic development and the regulatory environment may differ materially from the expectations, which are assumed explicitly or implicitly in the forward-looking statements and do not comply to them. Therefore, investors are warned to base their investment decisions with respect to Bastei Lübbe AG on the forward-looking statements mentioned in this document. Bastei Lübbe AG does not assume responsibility to update or amend forward-looking information mentioned herein or to update or amend forward-looking information in respect of future events or developments.

End of Corporate News

27.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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