DGAP-News

Gigaset AG obtains around EUR33.9 million from successful placement of the capital increase and convertible bond

DGAP-News: Gigaset AG / Key word(s): Corporate Action/Capital Increase
Gigaset AG obtains around EUR33.9 million from successful placement of
the capital increase and convertible bond

15.07.2014 / 14:00

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- Not for distribution in or into the United States, Canada, Australia or
Japan -

Gigaset AG obtains around EUR 33.9 million from successful placement of the
capital increase and convertible bond

Munich, July 15, 2014 - As part of the rights offers made by Gigaset AG
(ISIN DE0005156004) and completed as scheduled on July 14, 2014, 3,5% of
the subscription rights to shares and 1,5% of the subscription rights to
convertible bonds were exercised.

The 24.178.308 new shares and 9.337.935 bonds not issued as a result of the
exercise of subscription rights will be acquired by Goldin Fund Pte. Ltd.,
Singapore for the subscription price of EUR 1.00 per new share or bond.

The company will thus obtain the planned net proceeds of a total of EUR
33.9 million from the issue of new shares and bonds. With the entry of the
capital increase in the commercial register, expected to be effected on or
around July 22, 2014, the total number of shares issued will rise to
121,498,092. This includes 46,828 shares issued since January 1, 2014 due
to exercised conversion rights from the convertible bond 2013 from
conditional capital and not yet entered in the commercial register.

Delivery of the new shares is expected to take place on July 23, 2014, but
at the earliest after they have been listed on the stock exchange. The new
shares should also be included on this date in the existing listing on the
Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. The
bonds are also expected to be delivered on July 23, 2014.

This document is an advertisement and not a prospectus. This announcement
is not an offer for sale of securities in the United States or in any other
jurisdiction in which such offer may be restricted. The securities referred
to herein may not be sold in the United States absent registration or an
exemption from registration under the U.S. Securities Act of 1933, as
amended. Gigaset AG does not intend to register all or any portion of the
offering of the securities in the United States or to conduct a public
offering of the securities in the United States or elsewhere, except for
Germany.

This communication does not constitute an offer of securities to the public
in the United Kingdom. No prospectus has been or will be approved in the
United Kingdom in respect of the securities. This communication is being
distributed to and is directed only at (i) persons who are outside the