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IPO of KATEK SE multiple times subscribed - issue price set at 23.00 euros per share

DGAP-News: KATEK SE / Key word(s): IPO IPO of KATEK SE multiple times subscribed - issue price set at 23.00 euros per share 28.04.2021 / 18:30 The issuer is solely responsible for the content of this announcement. THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN. PLEASE SEE THE IMPORTANT DISCLAIMER AT THE END OF THIS PRESS RELEASE.

IPO of KATEK SE multiple times subscribed - issue price set at 23.00 euros per share

- Europe's fastest growing electronics company raises gross issue proceeds of 91 million euros

- Offered shares multiple times subscribed at issue price of 23.00 euros

- Initial listing on the regulated market (Prime Standard) at the Frankfurt Stock Exchange planned for May 04, 2021

Munich, April 28, 2021 - KATEK SE, a leading European electronics company offering hardware and software development, prototyping and manufacturing, and related services, has set the issue price for its shares at 23.00 euros per share. The price was thus set in the middle of the price range, which was between 21.00 euros and 26.00 euros per share. At the issue price, the IPO of KATEK SE was multiple times subscribed.

The offer of KATEK SE comprised 3,433,080 shares from a capital increase as well as a market customary over-allotment (greenshoe option) consisting of 514,962 shares from the holdings of the main shareholders. All 3,948,042 shares offered were placed. The placement volume including the greenshoe option therefore totals around 91 million euros.

"The high demand reflects the attractiveness for investors in Germany and abroad and shows great confidence in the future potential of the KATEK Group. We are pleased that shareholders support our growth strategy and have seized the opportunity to participate in our future development. The IPO will enable us to continue on our successful course. The high level of investor interest confirms our belief to be well positioned to fully tap the expected market potential and drive our profitable growth," says Rainer Koppitz, CEO & Co-Founder of KATEK SE.