DGAP-Adhoc

Sixt SE: IPO of Sixt Leasing AG: Start of trading planned for 7 May 2015; price range between EUR 17.90 and EUR 21.30 per share

Sixt SE / Key word(s): IPO

24.04.2015 16:13

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IPO of Sixt Leasing AG: Start of trading planned for 7 May 2015; price
range between EUR 17.90 and EUR 21.30 per share

Pullach, 24 April 2015 - Sixt Leasing AG, a 100% subsidiary of the
international mobility service provider Sixt SE, and Sixt SE have
determined the details for the intended going public of Sixt Leasing AG
("IPO" or "Offering") together with the bank consortium for the IPO. The
respective prospectus for the public offering and the admission to trading
of the shares of Sixt Leasing AG was approved today by the German Federal
Financial Supervisory Authority.

The Offering comprises a total of up to 12,366,955 shares in Sixt Leasing
AG, consisting of up to 5,586,593 new shares from a cash capital increase
and up to 5,167,281 existing shares from the holdings of Sixt SE as well as
up to 1,613,081 additional existing shares from the holdings of Sixt SE to
be offered as a potential overallotment. The price range will be between
EUR 17.90 and EUR 21.30 per share. The offering period will start on 27
April 2015 and is expected to end on 6 May 2015. The shares of Sixt Leasing
AG will be admitted to trading on the regulated market of the Frankfurt
Stock Exchange (Prime Standard). The start of trading is planned for 7 May
2015.

Sixt Leasing AG intends to reduce its current external financial
liabilities with the proceeds from the IPO to strengthen its capital base
and thereby creating financial leeway for continued growth and a further
increase in profitability due to lower interest costs. Further to the
raising of new equity by Sixt Leasing AG through the placement of new
shares from the capital increase with investors, Sixt SE will also in the
course of the IPO inject equity by way of a cash contribution into the
capital reserves of Sixt Leasing AG in the amount of EUR 30 million.

Sixt Leasing AG comprises all of Sixt Group's activities in the fleet
leasing, fleet management and online retail leasing businesses. As