DGAP-News

Mutares SE & Co. KGaA successfully completes capital increase with subscription rights - Seite 2

The gross issue proceeds from the capital increase amount to approximately EUR 100 million. With the net issue proceeds from the capital increase, Mutares intends to leverage current opportunities to accelerate growth through platform acquisitions of new portfolio companies, add-on acquisitions to strengthen existing portfolio companies as part of the buy-and-build strategy, and investments in existing portfolio companies.

"We would like to thank the existing and new shareholders for their trust and investment in Mutares. We are strongly convinced that we can now make our growth even more dynamic. And we are sure that the investment in Mutares will pay off. The additional financial strength makes us even more powerful for the big deals in the market and brings us much closer to our goal of becoming the leading special situations private equity firm in Europe", says Robin Laik, CEO and major shareholder of Mutares. Members of the management board (Vorstand) of the Company's general partner, members of the Company's supervisory board (Aufsichtsrat) and a major shareholder of the Company supported the capital increase and subscribed for New Shares in the total amount of approximately 20% of the New Shares offered.

The capital increase still requires registration with the commercial register (Handelsregister) to become effective, which will be applied for shortly. The New Shares as well as the existing shares of the Company (together "Shares") are expected to be admitted to trading on the Regulated Market (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to the sub-segment thereof with additional post-admission obligations (Prime Standard) on or about 19 October 2021. The first day of trading in the Shares on the Regulated Market (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) (Prime Standard) is expected to take place on or about 20 October 2021.

Hauck & Aufhäuser Privatbankiers Aktiengesellschaft and Jefferies GmbH acted as Joint Global Coordinators for the transaction. Duxebridge Capital acted as financial advisor and Noerr Partnerschaftsgesellschaft mbB as legal advisor to Mutares. The Joint Global Coordinators were advised by McDermott Will & Emery LLP.