Voltabox AG / Key word(s): IPO
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN or any other countries where the distribution or publication would be unlawful. There are further restrictions, please see the important notice at the end of this document.
Delbrück, October 10, 2017 - Voltabox AG's Management Board (ISIN DE000A2E4LE9), in coordination with the parent company paragon AG and the syndicate banks, set the final issue price for its offered shares at EUR 24.00 per share. At this issue price the initial public offering of Voltabox AG was approx. 10 times covered. Accordingly, the price has been fixed at the upper end of the range of EUR 20.00 to EUR 24.00 per share.
Overall, 6.325 million shares of Voltabox AG were placed with investors in the context of the IPO. 5.0 million new shares from a capital increase and an additional 0.825 million over-allotment shares from a share loan provided by paragon AG with respect to the greenshoe option granted to the syndicate banks. The parent company paragon AG sold another 0.5 million shares from its holdings in the course of the offering. Accordingly, the overall placement volume (including the over-allotment shares and the shares placed by the existing shareholder) amounted to EUR 151.8 million of which Voltabox AG generated EUR 139.8 million in gross proceeds. Free float in case of a full exercise of the greenshoe option will amount to approximately 40%. paragon AG intends to remain the majority shareholder of Voltabox for the foreseeable future.
The commencement of trading in the Voltabox AG shares in the regulated market of the Frankfurt Stock Exchange (Prime Standard) under ticker symbol VBX, ISIN DE000A2E4LE9 and the German securities identifier WKN A2E4LE is scheduled for October 13, 2017.
Bankhaus Lampe KG acted as sole global coordinator of the IPO and as joint bookrunner alongside Hauck & Aufhäuser Privatbankiers AG.
This publication does not constitute an offer to sell nor a solicitation of an offer to buy or subscribe for any securities. No offer of securities of Voltabox AG is being or will be, made to the public outside Germany and Luxembourg. The offer in Germany and Luxembourg has been made exclusively on the basis of the securities prospectus which has been published and filed with the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Copies of the securities prospectus are available free of charge at the offices of Voltabox AG (Artegastraße 1, 33129 Delbrück) as well as on the website of Voltabox AG (http://www.voltabox.ag). The offer has been closed; it is not possible to subscribe for shares of Voltabox AG in the course of the offer anymore.
The material set forth herein does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States, Canada, Australia, Japan or any other jurisdictions in which such offer could be subject to legal restrictions. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the Securities Act), or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable securities laws of any state or other jurisdiction of the United States.
In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the Order) or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as Relevant Persons). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
Statements contained herein may constitute "forward-looking statements." Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate," "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology.
Forward-looking statements are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that could cause the Group's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. You should not place undue reliance on forward-looking statements and the Group does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise. More information on Voltabox AG at www.voltabox.ag