DGAP-Adhoc: Ultrasonic AG: Ultrasonic AG successfully completes EUR 6 million capital increase

Ultrasonic AG / Key word(s): Capital Increase

14.05.2013 16:55

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ultrasonic AG successfully completes EUR 6 million capital increase

Cologne, May 14, 2013 - With today's resolutions of the Management Board
and Supervisory Board, Ultrasonic AG successfully completed the capital
increase of up to 10% of the current share capital, which was announced
last week, under partial utilization of the available authorized capital
and under the exclusion of subscription rights of existing shareholders.
Total 618,550 new shares were placed to European institutional investors at
an issue price of EUR 9.70 which is at the current level of the share price
(Xetra). This results in gross proceeds for the company of ca. EUR 6.0
million. The capital increase allows the entry of strategic, long-term
investors, who have recently met the company on a reverse road show in
China. The proceeds will be used to finance planned investments to expand
new sale channels and for working capital.

With the entry of the capital increase in the commercial register, the
share capital of Ultrasonic AG has increased to EUR 12,093,160.00. The new
shares are to be admitted and included to exchange trading in the existing
listing on the Regulated Market (Prime Standard) of the Frankfurt Stock
Exchange without a prospectus.

The capital increase was managed by BankM - Repräsentanz der biw Bank für
Investments und Wertpapiere AG.

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Information and Explaination of the Issuer to this News:

About Ultrasonic AG

The Cologne-based company Ultrasonic AG is the German holding company of
the Chinese ULTRASONIC Group, an established manufacturer and supplier of
high-quality branded urban footwear. The Group has around 1,400 employees
and operates in three market segments, each of which currently contributes
about a third of revenue. ULTRASONIC produces sandals and slippers for the
upper price segment for the local and international market. It is also a
long-term supplier of shoe soles to leading manufacturers in the
established Chinese sport shoe industry such as Anta, Xtep and Unisuper.
Moreover, the company has developed its own very successful high-quality
urban footwear collection which is marketed under the ULTRASONIC brand and
targets China's young, fashion-conscious urban middle class, which has high
purchasing power and expects high quality. The ULTRASONIC product line is
currently marketed via more than 100 mono-label shops. The ULTRASONIC Group
has reported a compound annual growth rate (CAGR) of 31 percent per year
since 2009. In 2012 it generated sales of around EUR 149 million and a net
profit of EUR 30.8 million.

For further information about the company visit: www.ultrasonic-ag.de

For enquiries:

Ultrasonic AG
Chi Kwong Clifford Chan
Vorstand und CFO
E-Mail: ir@ultrasonic-ag.de
Tel.: +86 1525 947 9902 (China), +852 966 227 40 (Hong Kong)

Disclaimer:
This document is no offer for the purchase of securities in the United
States of America. Securities may only be sold or offered for sale with the
previous registration under the U.S. Securities Act of 1933 in the actual
valid version or without previous registration only pursuant to an
exemption. The shares of Ultrasonic AG (the 'Shares') have not been
registered under the U.S. Securities Act of 1933 in the actual valid
version and may not be sold or offered in the United States.

This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all such
persons together being referred to as 'relevant persons'). The Shares,
which are referred to, are only available to relevant persons and any
invitation, offer or agreement to subscribe, purchase or otherwise acquire
such securities will be engaged in only with, relevant persons. Any person
who is not a relevant person should not act or rely on this document or any
of its contents.

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Language: English
Company: Ultrasonic AG
c/o BPG mbH, Graf-Adolf-Platz 12
40213 Düsseldorf
Germany
Phone: +86 1525 947 9902 (China); +852 966 227 40 (Hong Kong)
Fax: +49 (0)211 172 9829
E-mail: ir@ultrasonic-ag.de
Internet: www.ultrasonic-ag.de
ISIN: DE000A1KREX3
WKN: A1KREX
Indices: CDAX, Classic All Share, DAXsector All Consumer, DAXsector
Consumer, DAXsubsector All Clothing & Footwear, DAXsubsector
Clothing & Footwear, Prime All Share
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service

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