ASML confirms details of the Synthetic Buyback
VELDHOVEN, the Netherlands -- November 14, 2012
ASML Holding NV (NASDAQ:ASML)(Amsterdam:ASML) today confirms that none of its
creditors has opposed the capital repayment which forms part of the Customer
Co-Investment Program announced on 9 July 2012.
ASML will proceed with the cash capital repayment of EUR 9.18 per ordinary
share and the consolidation of outstanding ordinary shares (the reverse stock
split) in a ratio of 77 shares for every 100 shares and confirms that the
ex-entitlement date will be 26 November 2012, the record date will be 28
November 2012 and the cash capital repayment will be made on 3 December 2012.
Holders of New York shares will receive the cash capital repayment in U.S.
dollars at an exchange rate that will be determined on 27 November 2012.
Shares issued to the three Stichtingen for participating customers under the
Customer Co-investment Program will not participate in this Synthetic Buyback.
About ASML’s Customer Co-Investment Program
Three ASML customers – Intel, TSMC and Samsung – have agreed to contribute EUR
1.38 billion to ASML's research and development of next-generation lithography
technologies over five years, specifically aimed at accelerating EUV
lithography and 450mm lithography development. As part of the Customer
Co-Investment Program, but separate from the R&D contribution, ASML received
EUR 3.85 billion for issuing shares to the three participating customers. This
cash will be returned to shareholders (excluding participating customers) via
a Synthetic Buyback, which through a reverse stock split will ensure that no
dilution occurs (on an earnings per share basis) as a result of the Customer
Co-Investment Program. More details can be found at www.asml.com/cip.
ASML is one of the world's leading providers of lithography systems for the
semiconductor industry, manufacturing complex machines that are critical to
the production of integrated circuits or chips. Headquartered in Veldhoven,
the Netherlands, ASML is traded on Euronext Amsterdam and NASDAQ under the
symbol ASML. ASML has more than 8,200 employees on payroll (expressed in full
time equivalents), serving chip manufacturers in more than 55 locations in 16
countries. More information about our company, our products and technology,
and career opportunities is available on our website: www.asml.com
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The securities referred to herein have not been registered under the United
States Securities Act of 1933 and may be offered in the United States solely
pursuant to an exemption from such registration requirements.
Forward Looking Statements
“Safe Harbor” Statement under the US Private Securities Litigation Reform Act
of 1995: the matters discussed in this document include forward-looking
statement relating to our co-investment program and our planned Synthetic
Buyback, including expected record and payment dates in connection with the
Synthetic Buyback. These forward looking statements are subject to risks and
uncertainties including whether the 450mm and EUV research and development
programs will be successful, ASML’s ability to hire additional workers as part
of the 450mm and EUV development programs, whether all conditions for the
Synthetic Buyback will be fulfilled and other risks indicated in the risk
factors included in ASML’s Annual Report on Form 20-F and other filings with
the US Securities and Exchange Commission
Media Relations Contacts
Lucas van Grinsven - Communications
+31 40 268 3949 - Veldhoven, the Netherlands
Investor Relations Contacts
Craig DeYoung - Investor Relations
+1 480 383 4005 - Tempe, Arizona, USA
Franki D’Hoore – Investor Relations
+31 40 268 6494 - Veldhoven, the Netherlands
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