OSRAM Licht AG with Ticker Symbol "OSR" Starts Trading on the Frankfurt and Munich Stock Exchange

On July 8, OSRAM Licht AG started trading with ticker symbol "OSR" on the Frankfurt and Munich stock exchange. Wolfgang Dehen, CEO of Osram, said that the listing marks the beginning of a new chapter in Osram's history of more than 100 years and presents great opportunities for its future development. Management was recently on a roadshow visiting the important international capital markets, meeting with about 400 funds and banks to gauge their interest in Osram.

The start of trading was preceded by the successful spin-off of Osram from Siemens AG. With this move their shareholders receive Osram shares at an allocation ratio of 10:1. A total of 80.5% of the more than 100 million no-par-value registered shares are free float shares. Siemens AG holds 17% of the capital stock of OSRAM Licht AG; a further 2.5% of the shares were transferred to the Siemens Pension Trust e.V. With a shareholder base of more than 700,000 investors at the start of trading, the Osram share is one of the major publicly traded stocks.

Osram had accelerated preparations for the listing in January 2013 after the general meetings of Siemens AG on January 23 and OSRAM Licht AG had authorized Osram's spin-off from the Siemens Group earlier on January 21. Deutsche Bank AG, Goldman Sachs International and UBS Limited are the designated sponsors.

As an integrated lighting expert, Osram is clearly the number two manufacturer in the lighting market and positioned throughout the value chain, from LED chips, lamps, lights and light management systems to lighting solutions and the service business. Osram generates more than 70% of its revenue with energy-efficient products that are part of its certified environmental portfolio. LED-based products has already taken up more than 25% of overall revenue up to now, which amounted to 5.4 billion Euros in 2012 and to 2.678 billion Euros in the first half of 2013.

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