Knaus Tabbert AG: Final issue price for shares in Knaus Tabbert AG set at EUR 58.00 per share

Final issue price for shares in Knaus Tabbert AG set at EUR 58.00 per share

Knaus Tabbert AG / Key word(s): IPO
Knaus Tabbert AG: Final issue price for shares in Knaus Tabbert AG set at EUR 58.00 per share

22-Sep-2020 / 23:40 CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Final issue price for shares in Knaus Tabbert AG set at EUR 58.00 per share

Jandelsbrunn, September 22, 2020 - The issue price for the shares of Knaus Tabbert AG (the "Company") has been set at EUR 58.00 per share. This price was decided by the shareholders, the management, and the banks today. In total, 4,000,000 ordinary bearer shares with no par value, including 350,000 primary shares, are being placed with investors, including the over-allotment Shares. Assuming full exercise of the greenshoe option, the total offer volume is approximately EUR 232 million, representing a total market capitalization of Knaus Tabbert of EUR 602 million, based on the issue price. The Company expects that its gross proceeds from the capital increase will amount to EUR 20.3 million.

Upon completion of the offering and assuming full exercise of the greenshoe option, the selling shareholders will continue to hold 61.5% of the shares in the company, and the expected free float will amount to 38.5%.

The first day of trading of Knaus Tabbert shares on the Frankfurt Stock Exchange's regulated market (Prime Standard) is planned for September 23, 2020. Settlement and closing of the offering are planned for September 25, 2020.

Contact:

Ursula Hoffmann

Tel.: +49 (0) 8583 21- 9600

E-Mail: ir@knaustabbert.de

Bettina Fries

Tel.: +49 (0) 172 297 6243

E-Mail: bfries@heringschuppener.com

Disclaimer

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

This release is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Any public offering of securities to be made in the United States of America would be made by means of a prospectus that could be obtained from Knaus Tabbert AG and that would contain detailed information about the company and management, as well as financial statements. There will be no public offer of the securities in the United States of America.

Subject to certain exceptions under the Securities Act, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan.

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