Himax Technologies Announces Offering of 22.086M ADSs by Selling Shareholder Innolux Corporation

Himax Technologies

, a supplier and fabless manufacturer of advanced display drivers and other semiconductor products, today announced the commencement of an offering of 22,086,742 American Depositary Shares ("ADSs"), each representing two ordinary shares of the Company, by selling shareholder Innolux Corporation ("Innolux"). Himax will not receive any proceeds from the sale of the ADSs by Innolux. Innolux's sale of the ADSs will not result in dilution of the Company's outstanding shares. Innolux intends to grant the underwriters an option to purchase up to 3,313,011 additional ADSs solely to cover over-allotments, if any. Citigroup Global Markets Inc. will act as global coordinator for the offering and Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Chardan Capital Markets, LLC and Credit Suisse Securities (USA) LLC will act as joint bookrunners for the offering. Oppenheimer & Co. Inc., Rosenblatt Securities Inc. and Craig-Hallum Capital Group LLC will act as co-managers for the offering. The offering will be made pursuant to the Company's shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on June 3, 2013, which has become effective on June 10, 2013. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, securities and does not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Company's registration statement on Form F-3 and preliminary prospectus supplement are available from the SEC website at: http://www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained from Citigroup Global Markets Inc., 388 Greenwich Street, New York, New York 10013, United States, telephone:+1-212-816-6000. About Himax Technologies, Inc. Himax Technologies, Inc. (HIMX) is a fabless semiconductor solution provider dedicated to display imaging processing technologies. Himax's main products include display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, and many other consumer electronics devices. Additionally, Himax designs and provides controllers for touch sensor displays, LCOS micro-displays used in palm-size projectors and head-mounted displays, LED driver ICs, power management ICs, scaler products for monitors and projectors, tailor-made video processing IC solutions and silicon IPs. The Company also offers digital camera solutions, including CMOS image sensors and wafer level optics, which are used in a wide variety of applications such as mobile phone, tablet, laptop, TV, PC camera, automobile, security and medical devices. Headquartered in Tainan, Taiwan, the Company has offices in Hsinchu and Taipei, Taiwan and in China, Korea, Japan and the US.