EANS-Adhoc: AGRANA Beteiligungs-AG / AGRANA Beteiligungs-Aktiengesellschaft and Südzucker AG successfully complete institutional pre-placement and set offer price at EUR 100

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is solely responsible for the content of this announcement.
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Capital measures/Cash capital increase with secondary offer of
existing shares 01.02.2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

AGRANA Beteiligungs-Aktiengesellschaft places first tranche of its
cash capital contribution and together with Südzucker AG successfully
completes the institutional pre-placement.

- A total of 1,316,720 new AGRANA shares and 500,000 existing
AGRANA shares held by Südzucker AG placed - Offer price set at EUR
100 - Gross proceeds of EUR 131.67 million for new AGRANA shares and
gross proceeds of EUR 50 million for existing AGRANA shares offered
by Südzucker AG generated - Due to the institutional pre-placement
free float increases to 18.4%

Today, AGRANA Beteiligungs-Aktiengesellschaft,
Friedrich-Wilhelm-Raiffeisen-Platz 1, 1020 Vienna, ("AGRANA")
successfully completed the institutional pre-placement launched
yesterday of up to 1,316,720 new AGRANA shares (ISIN AT0000603709)
and up to 500,000 existing AGRANA shares directly held by Südzucker
AG (the "Base Shareholder Offer Shares"). A total of 1,316,720 new
AGRANA shares and 500,000 existing AGRANA shares directly held by
Südzucker AG was placed with selected institutional investors outside
the United States of America. As a result of the institutional
pre-placement, the free float increases to 18.4%.

The offer price for the AGRANA shares placed in the institutional
pre-placement and for the new AGRANA shares yet to be issued in the
rights offering was set at EUR 100. As a result, AGRANA generated
gross proceeds of EUR 131.67 million and Südzucker AG generated
gross proceeds of EUR 50 million for its existing AGRANA shares sold
in the institutional pre-placement.

The AGRANA shares placed in the institutional pre-placement are
expected to be delivered on 7 February 2017 against payment of the
offer price.

The institutional pre-placement comprises the first tranche of the
cash capital increase of in aggregate up to 1,420,204 new AGRANA
shares in two tranches which AGRANA announced yesterday. The
remaining up to 103,484 new AGRANA shares from the second tranche of
the cash capital increase will be offered to AGRANA free
float-shareholders who have not waived their subscription rights
during the subscription period which is expected to commence on 2
February 2017 and to end on 16 February 2017 at the subscription
price of EUR 100 per new AGRANA share (ISIN of the subscription
rights: AT0000A1TEP8). The existing AGRANA shares will be traded "ex
subscription right" from 2 February 2017 onwards.

New AGRANA shares not subscribed for in the rights offering will be
offered for purchase to selected institutional investors in the
course of private placements in and outside Austria and outside the
United States of America at the offer price (the "Rump Placement").
The final number of new AGRANA shares issued in the course of the
cash capital increase will be determined upon completion of the Rump
Placement by AGRANA, Südzucker as well as the underwriting banks
Berenberg, BNP Paribas, Erste Group and Raiffeisen Bank International
(the "Underwriters") and will be published immediately.

Based on an offer price of EUR 100 per new AGRANA share and assuming
that all 103,484 new AGRANA shares which have not already been placed
in the institutional pre-placement will be subscribed for in the
rights offering or will be placed in the Rump Placement, AGRANA would
generate total anticipated net offering proceeds of approximately EUR
137.04 million. If all 1,420,204 new AGRANA shares and after all
500,000 existing AGRANA shares directly offered by Südzucker AG are
placed in the offering, free float would increase to approximately
18.9%.

This announcement is available in German and English at
www.agrana.com.

Legal Notice / Disclaimer:

These materials are not for distribution, directly or indirectly, in
or into the United States of America (including its territories and
possessions, any State of the United States and the District of
Columbia). These materials do not constitute or form a part of any
offer or solicitation to purchase or subscribe for securities in the
United States of America. The shares in AGRANA
Beteiligungs-Aktiengesellschaft (the "Shares") and related
subscription rights mentioned herein may not be offered or sold in
the United States absent registration or an exemption from
registration under the US Securities Act of 1933, as amended (the
"Securities Act"). The Shares and related subscription rights have
not been, and will not be, registered under the Securities Act and
will not be offered or sold in the United States, except on the basis
of applicable exemptions from the registration requirement.

This communication is directed only at persons (i) who are outside
the United Kingdom or (ii) who have professional experience in
matters relating to investments falling within Article 19 (5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the "Order") or (iii) who fall within Article 49
(2) (a) to (d) ("high net worth companies, unincorporated
associations etc.") of the Order (all such persons together
hereinafter being referred to as "Relevant Persons"). Any person who
is not a Relevant Person must not act or rely on this communication
or any of its contents. Any investment or investment activity to
which this communication relates is available only to Relevant
Persons and will be engaged in only with Relevant Persons.

This communication is only addressed to and directed in Member States
of the European Economic Area at persons who are "qualified
investors" the meaning of Article 2(1)(e) of directive 2003/71/EC as
amended. This communication does not constitute a prospectus or an
offer to sell or a solicitation or invitation to buy any shares or
subscription rights neither does it constitute a financial analysis
or advice or recommendation regarding any financial instruments. A
public offering of shares of AGRANA Beteiligungs-Aktiengesellschaft
has not yet occurred. Any subscription orders received at this stage
will be rejected.

The public offering of the Shares in Austria will occur exclusively
by means and on the basis of the prospectus including any amendments
and supplements thereto, which has been approved by the Austrian
Financial Market Authority and prepared and published in accordance
with the provisions of the Austrian Capital Markets Act.

The prospectus has been published on the internet site of the company
(http://www.agrana.com/en/investor/the-agrana-share/ci2017) free of
charge during usual business hours. There will be no public offering
of the Shares outside of Austria, in the United States or anywhere,
and the Shares will be offered outside of Austria exclusively in
reliance on applicable exemptions from the prospectus or registration
requirements. Within Austria, the prospectus is addressed only to
shareholders of AGRANA entitled to subscribe.

Further inquiry note:
AGRANA Beteiligungs-AG

Mag.(FH) Hannes Haider
Investor Relations
Tel.: +43-1-211 37-12905
e-mail:hannes.haider@agrana.com

Mag.(FH) Markus Simak
Public Relations
Tel.: +43-1-211 37-12084
e-mail: markus.simak@agrana.com

end of announcement euro adhoc
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issuer: AGRANA Beteiligungs-AG
F.-W.-Raiffeisen-Platz 1
A-1020 Wien
phone: +43-1-21137-0
FAX: +43-1-21137-12926
mail: info.ab@agrana.com
WWW: www.agrana.com
sector: Food
ISIN: AT0000603709
indexes: WBI, ATX Prime
stockmarkets: Präsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien
language: English

Original-Content von: AGRANA Beteiligungs-AG, übermittelt durch news aktuell