NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, INDIRECTLY OR DIRECTLY, IN THE USA, CANADA, JAPAN OR AUSTRALIA OR OTHER COUNTRIES IN WHICH SUCH A PUBLICATION MAY BE ILLEGAL.
VARTA AG, Ellwangen, ISIN: DE000A0TGJ55
Publication of insider information in accordance with Article 17 of Regulation (EU) No. 596/2014 - Market Abuse Regulation
VARTA AG successfully concludes capital increase with gross proceeds of approximately EUR 104 million
Ellwangen, June 13, 2019 - VARTA AG (the "Company") has successfully concluded its capital increase that was announced yesterday.
A total of 2,221,686 new shares were placed at a price of EUR 46.70 per share. The new shares are fully entitled to dividends for the 2019 financial year. The new shares will carry the same rights as the existing shares.
Gross proceeds from the capital increase for the Company amount to approximately EUR 104 million. The new shares shall be admitted to trading on the regulated market of the Frankfurt Stock Exchange, without a prospectus, with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard).
The first trading day for the new shares is expected to be on 14 June 2019 and settlement of the new shares against payment of the placement price is expected to take place on or around 17 June 2019.
Berenberg was Sole Global Coordinator and Joint Bookrunner for the offering of the new shares.
About VARTA AG
VARTA AG, as the parent company of the Group, is active in the microbatteries and Power&Energy business segments through its subsidiaries VARTA Microbattery GmbH and VARTA Storage GmbH. Today, VARTA Microbattery GmbH is already an innovation leader in the field of microbatteries, one of the market leaders for hearing aid batteries and is also striving for market leadership for lithium-ion batteries in the wearables sector, especially for hearables. VARTA Storage GmbH focuses on intelligent energy solutions for tailor-made battery storage systems for OEM customers as well as on the design, system integration and assembly of stationary lithium-ion energy storage systems. With five production and manufacturing facilities in Europe and Asia as well as sales centers in Asia, Europe and the USA, the operating subsidiaries of the VARTA AG Group are currently active in over 75 countries worldwide.
This publication constitutes neither an offer to sell nor a solicitation to buy shares of VARTA AG. No public offer of securities of VARTA AG is being made or intended.
The distribution of this publication may be subject to legal restrictions in certain jurisdictions. Persons who come into possession of this publication are requested to inform themselves about any of such restrictions and comply with them. Non-compliance with such restrictions may constitute an infringement of the securities laws of the respective jurisdiction.
This document is not an offer of securities for sale in the United States. The shares of VARTA AG (the "Shares") have not been registered and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless registered under the Securities Act or pursuant to an exemption from such registration. A public offering and/or a registration under the Securities Act are not intended.
This document is only being distributed to and is only directed at persons who (i) are outside the United Kingdom or (ii) are investment professionals falling within Article 19(5) or persons falling within Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) (all such persons together being referred to as "Relevant Persons").
The Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, Relevant Persons. This announcement is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons.
Head of Investor Relations
Tel: +49 79 61 921-969
13-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de