DGAP-Adhoc

Drägerwerk AG & Co. KGaA: Dräger invites holders of the series D participation certificates (Genussscheine) to tender their participation certificates for purchase by Dräger - Seite 2

The offer period starts on March 1, 2021 (inclusive) and ends on March 19, 2021 at 17:00 (CET). Holders of the participation certificates will receive a notification from their depository bank in the coming days regarding the individual procedure for submitting an offer to sell. The results of this offer will be published shortly after the end of the offer period. Dräger plans to spend an amount of up to 100 million euros to repurchase the participation certificates, although this amount is at Dräger's discretion and can be increased. Dräger will finance this amount using existing liquidity.

With the buyback the Management Board of Drägerwerk Verwaltungs AG as the general partner intends to simplify and improve the capital structure of Drägerwerk AG & Co. KGaA already in this financial year, as the participation certificates have largely lost their function as an equity instrument and stand in the way of an optimal equity financing of Drägerwerk AG & Co. KGaA through shares.

The offer is not made to any U.S. Person (as defined in Regulation S under the United States Securities Act of 1933, as amended) or person located or resident in the U.S.A. The solicitation will be operated pursuant to the terms and conditions set out in the Tender Offer Memorandum dated March 1, 2021 and is subject to further restrictions and conditions as contained therein.
Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
23558 Lübeck, Deutschland
www.draeger.com

Investor Relations:
Thomas Fischler
Tel. [phone]
[e-mail]

Corporate Communications:
Melanie Kamann
Tel. [phone]
[e-mail]

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01-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:	English
Company:	Drägerwerk AG & Co. KGaA
	Moislinger Allee 53-55
	23542 Lübeck
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.draeger.com
ISIN:	DE0005550602, DE 000 555 063 6, DE 000 555 065 1, DE 000 555 067 7, DE 000 555 071 9
WKN:	555060, 555063 Vorzüge, 555065 Genussschein A, 555067 Genussschein K, 555071 Genussschein D
Indices:	TecDAX
Listed:	Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich; Regulated Unofficial Market in Stuttgart, Tradegate Exchange
EQS News ID:	1171848