DGAP-News

Schaltbau Holding AG concludes a domination and profit and loss agreement with Voltage BidCo (Carlyle) - Seite 3

Carlyle holds around 78 % of the shares - convertible bond already largely converted

Following completion of the voluntary delisting offer on 14 December 2021, Voltage BidCo GmbH currently holds 8,521,407 (78.24 %) of the shares of Schaltbau Holding AG currently totalling 10,891,940. As part of the voluntary public takeover offer and the subsequent delisting offer, a large majority (98.6 %) of the outstanding mandatory convertible bond 2021/2022 has already been converted into shares of the company. The number of shares therefore rose from 8,852,190 as of 31 December 2020 to 10,891,940 shares as of 17 December 2021. At present, EUR 845,000 of the mandatory convertible bond worth EUR 60 million is still outstanding and can be converted into a maximum of 29,137 new shares.

Delisting to follow on shortly

The revocation of the listing of the Schaltbau shares on the regulated market applied for by Schaltbau Holding AG is to take effect on the Frankfurt Stock exchange already by the date of 20 December 2021 and on the Munich Stock Exchange at the end of 30 December 2021. On application by the company, the shares of Schaltbau Holding AG will subsequently still be traded on the Open Market on the Munich Stock Exchange until 31 March 2022.

About the Schaltbau Group

Schaltbau Holding AG (ISIN: DE000A2NBTL2) is listed in the Prime Standard segment of the regulated market of Deutsche Börse AG in Frankfurt am Main. With annual Group revenue in the region of EUR 500 million and around 3,000 employees, Schaltbau is an internationally leading supplier of systems and components in the field of transportation technology and the capital goods industry. With Pintsch, Bode, Schaltbau and SBRS as their core brands, Schaltbau Group companies develop a wide range of high-quality technologies and customer-specific technological solutions for rail infrastructure, rolling stock, passenger cars and commercial vehicles. As one of the few specialists for smart DC-based energy concepts, the Schaltbau Group is also a driver of innovation in the fast-growing markets of tomorrow such as New Energy, New Industry and e-Mobility.