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Nemak Press Release
Monterrey, Mexico. July 29, 2015. - Nemak, S.A.B. de C.V. (“Nemak”) (BMV: NEMAK), a leading provider of innovative lightweighting solutions for the global automotive industry informs investors that the Placement Agents in Mexico and internationally have exercised the overallotment options agreed to after the Initial Public Offering (“IPO”) completed on July 1st. Leader Placement Agents in Mexico acquired 37,322,285 shares and International Placement Agents acquired 19,910,560 shares. These shares were traded on the Mexican Stock Exchange today, July 29th 2015. The placement agents exercised the option at the IPO offering price of Ps. $20.00 per share and therefore Nemak will receive approximately Ps. $11.897 million from the global offer and the overallotment option. Based on the overallotment option exercised, Nemak’s subscribed and paid capital will consist of 3,080,747,324 series A shares, 2,317,921,869 series A shares (75.24%) owned by ALFA, S.A.B. de C.V., 167,992,610 series A shares (5.45%) owned by Ford Motor Company and 594,832,845 series A shares (19.31%) of the public float.
This press release does not constitute a sales offer, nor a solicitation of an offer to buy Nemak shares.
Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. As of year end 2014, the company employed more than 20,000 people at 35 facilities worldwide and generated revenues of U.S. $4.6 billion. For more information about Nemak, visit: http://www.nemak.com