EQS-Adhoc: DEUTZ AG: DEUTZ AG successfully completes cash capital increase through accelerated bookbuilding

NOT FOR DIRECT OR INDIRECT PUBLICATION OR DISTRIBUTION, EITHER IN FULL OR IN PART, INTO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, OR JAPAN OR ANY OTHER COUNTRIES IN WHICH THIS WOULD CONSTITUTE AN INFRINGEMENT OF THE PERTINENT LAWS OF THOSE COUNTRIES.

Cologne, July 3, 2024 – DEUTZ AG has used part of its authorized capital to successfully issue 12,614,719 new shares in a private placement by way of an accelerated bookbuilding process, with exclusion of pre-emption rights. The share capital of DEUTZ AG has therefore risen by 10 percent to 138,761,914 no-par-value shares. The Board of Management and Supervisory Board of DEUTZ AG set the placement price at €5.71 per share, resulting in gross issue proceeds of approximately €72 million.

The new shares are expected to be admitted to trading in the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange as well as in the regulated market of the Duesseldorf Stock Exchange on July 5, 2024 without a prospectus. Trading in the new shares, which will be included in the existing listing of the company’s shares, is intended to commence on July 8, 2024. Delivery of the new shares is expected on July 8, 2024.

The net proceeds from the capital increase will allow the DEUTZ Group (‘DEUTZ’) to retain the flexibility to be able to advance with the successful implementation of its Dual+ strategy once it has completed its acquisition of US genset manufacturer Blue Star Power Systems, Inc., including the possibility of further growth through acquisition. As part of the transaction, DEUTZ AG is committing to a lock-up, i.e. the Company will not, subject to the usual market exceptions, issue any further shares or financial instruments that can be converted into shares or carry out a further capital increase within a six-month period.

Commerzbank and M.M.Warburg & CO are supporting acting the transaction as Joint Global Coordinators & Joint Bookrunners in this transaction.

Contact

DEUTZ AG / Mark Schneider / Head of Investor Relations, Communications & Marketing
Tel: +49 (0)221 822 3600 / Email: [email protected]

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