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    Allgeier SE

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    D-81679 Munich
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Allgeier utilities capital increase to create preconditions for further growth


Munich, June 21, 2017 – Allgeier SE has today successfully completed the capital increase which was approved on June 20, 2017, of up to around 10% of its share capital. As part of the transaction, 907,149 ordinary no par value bearer shares were issued to shareholders at a placing price of EUR 18.10 under exclusion of shareholders’ subscription rights. As a consequence, the gross issue proceeds amount to around EUR 16.4m. The new shares were placed with a discount of approximately 2.2% to the last closing price after adjusting for the portion of the dividends attributable to the new shares.

The company plans to deploy the transaction proceeds to finance further growth investments and, in particular, to implement further acquisitions.

The transaction was significantly oversubscribed. Alongside institutional investors from Germany, Switzerland and the United Kingdom, Allgeier Group directors and other managers also participated in the capital increase, thereby underscoring their long-term commitment to the company. Carl Georg Dürschmidt, Chairman of the Executive Board, would like to express his thanks to investors for the great interest they have shown: The success of the placing emphasizes the strong trust of investors in our strategy and in Allgeier’s future growth.

After entering the implementation of the capital increase in the commercial register, the company’s share capital increases by EUR 907,149.00, from EUR 9,071,500.00 to EUR 9,978,649.00. The new shares that have been issued are dividend-entitled from January 1, 2017. They will be admitted to trading prospectively on Thursday, June 22, 2017 in the Regulated Market of the Frankfurt Stock Exchange (General Standard). The initial listing for the new shares is planned for Friday, June 23, 2017. The new shares will be included in the existing listing of the company’s shares prospectively on July 3, 2017, after the company’s Ordinary Annual General Meeting to be held on June 28, 2017.

Baader Bank Aktiengesellschaft managed the transaction.

Important information:

The information included in this document is not intended for transmission to the USA, Australia, Canada or Japan, and is not intended for publication in the USA, Australia, Canada or Japan.

This document is neither an offer to sell nor a solicitation to buy securities. This document is not an offer of securities for purchase in the United States of America. Securities can be sold or offered for purchase in the United States of America only with prior registration pursuant to the regulations of the U.S. Securities Act of 1933 in its the currently valid version, or without prior registration only on the basis of an exemption. The shares of Allgeier SE are not registered, and will not be registered, on the basis of the regulations of the U.S. Securities Act of 1933 in its currently valid version, and will neither be sold nor offered for purchase in the United States of America.