Mutares SE & Co. KGaA / Keyword(s): IPO
Mutares SE & Co. KGaA: holding company Nordec Group Corporation plans IPO on Nasdaq First North Growth Market Finland and listing on or around June 23, 2022

06-June-2022 / 07:15 CET/CEST
Disclosure of privileged information according to. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Article 17 MAR of Regulation (EU) No 596/2014

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Mutares: holding company Nordec Group Corporation plans IPO on Nasdaq First North Growth Market Finland and listing on or around June 23, 2022

Munich, June 6, 2022 – Nordec Group Corporation (“Nordec” or the “Company”), a holding company of Mutares SE & Co KGaA (ISIN: DE000A2NB650) (“Mutares”) is considering an initial public offering (IPO) with subsequent listing on the Nasdaq First North Growth Market Finland, a multilateral marketplace operated by Nasdaq Helsinki Ltd. (“IPO”). Trading of the shares on Nasdaq First North Growth Market Finland is expected to begin on or about June 23, 2022.

As part of the IPO, Nordec’s current sole shareholder, Donges SteelTec GmbH (“Donges”), a 100% subsidiary of Mutares, will offer to buy a certain part of its shares in Nordec. Mutares aims to raise up to around 22 million euros in net proceeds from this partial exit from Donges. After the IPO, Donges’ remaining shareholding will fall below 50% with a current valuation of around 30 million euros.

Nordec and Donges will jointly decide on the execution of the IPO, the definitive number of shares offered and the allocation of the shares offered on or around June 22, 2022.

Disclaimer

This announcement is not made and copies of it may not be distributed or sent to the United States, United Kingdom, Canada, Australia or Japan.

This document is not a prospectus within the meaning of the Prospectus Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and the underlying legislation. A prospectus prepared in accordance with the Prospectus Regulation and approved by the Finnish Financial Supervisory Authority will be published.

This announcement does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. The Company does not intend to register the securities in the United States or to make a public offering of the securities in the United States.

In any member state of the European Economic Area other than Finland, Sweden or Denmark or the United Kingdom (each a “Relevant State”), this information and this offer is only addressed to and intended for persons who are “Qualified Investors” within the meaning of Article 2(e) of the Prospectus Regulation. The securities are only available to Qualified Investors and any invitation, offer or agreement to subscribe, purchase or acquire such securities will only be entered into with Qualified Investors. This information must not be exploited or relied upon in any relevant State by persons who are not Accredited Investors.

This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and directed only at (i) persons who are located outside the United Kingdom, (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion ) Order 2005 (the “Order”) or (iii) asset entities and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2) (a) to (d) of the order (all such persons collectively referred to as the “affected persons”). Any investment activity to which this communication relates will only be available and engaged with relevant persons. Any person who is not a Relevant Person should not act or rely on this document or its contents.

Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and can be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “estimate”, ” will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements contained in this release are based on various assumptions, many of which are, in turn, based on other assumptions. Although the Company believes that these assumptions were reasonable at the time they were made, these assumptions are inherently subject to important risks, uncertainties, contingencies and other factors, known and unknown, which are difficult or impossible to predict and are beyond its control. These risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements.

The information, opinions and forward-looking statements contained in this announcement speak only as of its date and are subject to change without notice.

For more information please contact:

Mutares SE & Co. KGaA
Investor Relations
Telephone +49 89 9292 7760
Email: [email protected]
www.mutares.de

Contact the press

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Telephone +49 89 125 09 0333
Email: [email protected]
www.crossalliance.de

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