KATEK SE: Implementation of a capital increase for further M&A projects resolved

Munich – The Management Board of KATEK SE resolved today, subject to the approval of the Supervisory Board, to make partial use of the existing Authorized Capital 2021/I and to increase the share capital of the Company in the amount of EUR 13.241,880.00 by up to EUR 1,203,807.00 to up to EUR 14,445,687.00 by issuing up to 1,203,807 new no-par value bearer shares with a notional interest in the share capital of EUR 1.00 per share against cash contributions. The new shares will carry dividend rights from January 1, 2022.

Hauck Aufhäuser Lampe Privatbank AG, Frankfurt am Main, has been authorized to subscribe to and acquire the new shares with the obligation to offer them for subscription to the shareholders of the Company by way of indirect subscription rights. Within the subscription period (expected from November 29, 2022 to December 12, 2022), shareholders may subscribe to the new shares at a ratio of 11:1 at a subscription price of EUR 16.15. The subscription offer will be made without a prospectus. The corresponding subscription offer is expected to be published in the German Federal Gazette (Bundesanzeiger) on November 28, 2022.

It is intended that the principal shareholder PRIMEPULSE SE waives all of its subscription rights so that this principal shareholder tranche can be offered to qualified investors after the end of the subscription period. In addition, new shares not subscribed by the shareholders within the subscription period under the subscription right shall be offered to qualified investors at least at the subscription price within the framework of a rump placement together with the principal shareholder tranche. It is intended that the principal shareholder (PRIMEPULSE SE) undertakes to backstop the transaction by subscribing for new shares under the rump placement to the extent that other qualified investors have not subscribed for new shares.

The proceeds from the capital increase will be used to strengthen the company’s capitalization. The company plans to use the proceeds from the offering for its M&A activities with the strategy elements of geographic expansion, especially in North America and Scandinavia, strategic outsourcing projects as well as strengthening the Solar, eMobility, TeleCare divisions.

Hauck Aufhäuser Investment Banking acts as Sole Bookrunner in this Transaction.