Identification
Symbol
EMD
ISIN code
BE0003849669
Exchange / Market
Euronext Access
Trading location
Brussels
ICB
Recreational Products
Activity description

<p>
Review of the activities of the firm EMD Music:<br />
- the worldwide distribution of music instruments of different brands (including its own brand, STAGG);<br />
- the conception of original products with an in house developped design and packaging;<br />
- the after sale service and the repairment of music instruments;<br />
- a participation in the industrial activity of the fabrication of sleeves for music intruments in China.</p>

Issuer website
http://www.emdmusic.com
Operation
IPO date
IPO type

<p>
Fixed Price Offer</p>

IPO price
6.82 euros
IPO type
Initial Public offering
Catégorie
IPO
Operation procedure

<p>
Conditions of the fixed-price offer (Centralization by Euronext Brussels) Fixed-price: 6.82 euros A maximum of 72,141 shares made available to the market. Result of the fixed-price offer: the result of the offer shall be published in a notice on 11 October 2006 giving details, in particular the percentage of reduction that may have been applied to orders, as well as the conditions in which the trading on 17 October 2006 shall be pursued, subject to the realisation of the increase of capital and the delivery of the certificate by the depositary. Trading of the shares After the closing of the fixed-price offer, a maximum of 3,771,352 shares shall be listed on the Free Market of Euronext Brussels representing all of the existing shares of the company. Subscription of the new shares is not guaranteed. Consequently, trading of the new shares shall take place after the delivery of the certificate by the depositary and the trading of the new shares shall begin on the NSC system on 17 October 2006. Request for listing Euronext Brussels also received an application for listing on the Free Market of Euronext Brussels of maximum 110,000 new ordinary shares, which could be issued following the exercise of 110,000 warrants granted to the staff which were issued following the decision of the EGSM of 28 August 2006 of the company EMD Music s.a.</p>

Operation description
Operation calendar

<p>
- Date of approval of the prospectus by the CBFA: 29 August 2006 - Opening of the Priority Offer and the Non-Priority Offer: 4 September 2006 - Closing of the Priority Offer and the Non-Priority Offer: 6 October 2006 - Centralization date: 11 October 2006 - Publication of the results by Euronext Brussels notice: 11 October 2006 evening - Allocation of the shares: 16 October 2006 - Payment Date: 16 October 2006 - Settlement-delivery date: 16 October 2006 - First trading date on NSC: 17 October 2006</p>

Broker to issue

<p>
WEGHSTEEN &amp; DRIEGE</p>