Ducati Names UBM for Capital Increase
BOLOGNA, Italy, January 20 -- Ducati Motor Holding S.p.A. announced today that it has named Unicredit Banca Mobiliare S.p.A. (UBM) to assist the company in evaluating, organizing and conducting a possible capital increase, in one or more instances, for up to a maximum of Euro 80 million, through an offer of ordinary shares to its shareholders. UBM will also promote and set up a syndicate of stand-by underwriters who will subscribe to any shares that may remain unsubscribed to at the conclusion of the transaction.
For this purpose, an Extraordinary Shareholders' Meeting has been called for January 26th, 2006 (second call) at 4:30pm (CET) to grant the Board of Directors the power to increase the Company's share capital, in one or more instances, over a period of five years, for up to a maximum of Euro 80 million through the issuance of DMH ordinary shares to be offered to shareholders by way of subscription rights.
Founded in 1926, Ducati develops racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. The Company produces motorcycles in six market segments which vary in their technical and design features and intended customers: Superbike, Supersport; Monster, Sport Touring, Multistrada and Sport Classic. The Company's motorcycles are sold in more than 60 countries worldwide, with a primary focus in the Western European and North American markets. Ducati has won thirteen of the last fifteen World Superbike Championship titles and more individual victories than the competition put together. For more information about the Company, please visit our web site at http://www.ducati.com