EQS-Adhoc
SARTORIUS AG: Sartorius successfully completes placement of 200 million euros of treasury preference shares - Seite 2
Delivery of the Placement Preference Shares is expected to occur on or around February 9, 2024.
Use of proceeds
The net proceeds of the Treasury Share Placement are intended to accelerate the Sartorius group’s debt deleveraging beyond strong internal cash generation and strengthen its overall strategic flexibility.
SSB Capital Increase
Separately, Sartorius’ French listed subgroup Sartorius Stedim Biotech S.A. (“SSB”) has raised capital by placing 5,150,215 new SSB shares with a volume of approximately 1.2 billion euros via an accelerated bookbuilding process (the “SSB Capital Increase”).
Investment in SSB Capital Increase
Sartorius participated in the SSB Capital Increase by acquiring 1,716,739 new SSB shares for an aggregate amount of approximately 400 million euros at the placement price of the SSB Capital Increase.
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Important Notice
This notification may not be published, distributed or released in or into South Africa, Australia, Canada or Japan. The release, publication or distribution of this notification in certain jurisdictions may be restricted by laws or regulations. Therefore, persons in such jurisdictions into which this notification is released, published or distributed must inform themselves about and comply with such laws or regulations. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
No communication and no information in respect of the Treasury Share Placement may be distributed to the public in any jurisdiction where a registration or approval is required. No steps have been or will be taken in any jurisdiction where such steps would be required. The placement by the Issuer or the purchase of the Placement Preference Shares may be subject to legal and regulatory restrictions in certain jurisdictions. The Issuer and its advisors take no responsibility for any violation of any such restriction by any person.