THE INFORMATION CONTAINED IN THIS NOTIFICATION IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN

adesso SE has improved its financial strength by increasing its share capital.

In connection with the announced capital increase, the Executive Board of adesso SE (the "Company") has, with the approval of the Supervisory Board, resolved to increase the share capital of the Company from EUR 6,193,593.00 by EUR 309,679.00 to EUR 6,503,272.00 by issuing 309,679 new no-par-value shares via partial utilisation of the existing authorized capital against contribution in cash and exclusion of subscription rights of the existing shareholders.

The new shares were placed by way of an accelerated bookbuilding process with institutional investors in Germany and abroad at a placement price of EUR 160.00 per new share.

Through the capital increase, and subject to the registration of the capital increase in the commercial register of the Company, the Company is expected to receive gross proceeds of around EUR 49.5 million.

The new shares carry the same rights as the existing shares and are expected to be admitted to trading on the regulated market (General Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) without a prospectus on 12 October 2021. Trading is expected to commence on 13 October 2021. It is intended to include the new shares in the existing listing of the Company's shares. The delivery of the new shares is scheduled for 13 October 2021.

After the private placement, the Company will be subject to a lock-up of 180 days, i.e. an obligation not to, inter alia, issue further shares or financial instruments convertible into shares or to conduct a further capital increase, subject to market standard exemptions.

 

Contact:
Martin Möllmann
Manager Investor Relations
Tel.: +49 231 7000-7000
E-Mail: ir@adesso.de
 

Disclaimer

This announcement is not directed to, or intended for distribution to or use by, any natural person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would require any registration or licensing within such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the laws of other jurisdictions.

The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.

In member states of the European Economic Area ('EEA'), the placement of shares described in this announcement is only directed at persons who are 'qualified investors' within the meaning of Article 2(e) of the Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 (as amended, the 'Prospectus Regulation') ('Qualified Investors'). In the United Kingdom, the placement of shares described in this announcement is only directed at Qualified Investors who are persons (i) who have professional experience in matters relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the 'Order'), (ii) falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or (iii) to whom it may otherwise be lawfully communicated; any other persons in the United Kingdom should not take any action on the basis of this announcement and should not act on or rely on it.