DGAP-Adhoc: Steilmann SE: Steilmann SE takes strategic decision to place minimum amount of shares on regulated market

Steilmann SE / Schlagwort(e): Börsengang

29.10.2015 12:57

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Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Steilmann SE takes strategic decision to place minimum amount of shares on
regulated market

Bergkamen, 29 October 2015 – Steilmann SE has taken the strategic decision,
jointly with the underwriting banks ODDO SEYDLER BANK AG and BANCA IMI, to
reduce the offering size of its initial public offering (IPO) to the
minimum amount required for the admission of its shares to the regulated
market of the Frankfurt Stock Exchange. There will now be 2,250,000 newly
issued ordinary bearer shares and 250,000 shares as part of the
over-allotment option. The offer price remains EUR 3.50 per share and based
on full placement of all of the offered shares, total gross proceeds from
the IPO will amount to approximately EUR 8.8 million. The offer period will
end on 2 November 2015. Steilmann SE will start trading on the regulated
market (Prime Standard) of the Frankfurt Stock Exchange on 5 November 2015
under the German Securities Code (WKN) A14KR5 and International Securities
Identification Number (ISIN) DE000A14KR50.

The aim of this decision is to create a sufficient free float of the
company’s shares to fulfil the requirements for admission to the regulated
market of the Frankfurt Stock Exchange. Upon admission, Steilmann SE will
look to gain access to new strategic options and further financing
opportunities in the future.

The company has submitted the corresponding supplement to the IPO
prospectus, which was approved on 12 October 2015, to the German Federal
Financial Supervisory Authority (BaFin) for approval. This is expected
today. Steilmann SE has also notified the Luxembourg Financial Sector
Supervisory Commission (CSSF). Upon approval from BaFin, the supplement
will be available to download on the company’s website at the following
link: http://www.steilmann-se.com/.

Contact

Reena Dennhardt
Tel.: +49 (0)2389 – 783 165
Email: Dennhardt@Steilmann-SE.com

Monica Giazzi
Tel.: +49 (0)2389-783 110
Email: m.giazzi@Steilmann-SE.com

About Steilmann SE

Steilmann SE Group is one of the largest apparel companies in Germany by
revenue. The family-owned company headquartered in Bergkamen (North
Rhine-Westphalia) covers the entire value chain of the clothing industry,
controlling all key processes from design and manufacturing to sales in its
stores and those of its customers, as well as e-commerce operations. The
company operates in a growing segment of the industry, focusing on the
growing Best-Ager segment (45 plus). The company’s product portfolio
consists of its own brands, such as Steilmann, Apanage, Kapalua, and
Stones, as well as third-party brand apparel. Steilmann SE comprises the
operations of Steilmann-Boecker Group, Steilmann Fashion Group and Apanage
Fashion Group, as well as a joint indirect majority stake in Adler
Modemärkte AG. The company’s total revenues, including those of Steilmann
Fashion Group and Apanage Fashion Group acquired at the end of last year,
amounted to approximately EUR 896 million in 2014. In fiscal year 2014,
Steilmann Group had over 8,300 employees worldwide, 58 per cent of whom
were based in Germany. Its products are sold at more than 1,300 points of
sale in 18 countries.

Forward-looking statements

This press release may contain forward-looking statements based on current
assumptions and forecasts made by Steilmann SE. Various known and unknown
risks, uncertainties and other factors could lead to material differences
between the actual future results, financial situation or development of
Steilmann SE and the estimates given here. Steilmann SE assumes no
liability to update these forward-looking statements or to revise them in
line with future events or developments.

Important notice

This publication does not constitute an offer to sell or solicitation of an
offer to buy or subscribe This publication does not constitute an offer to
sell or solicitation of an offer to buy or subscribe for any securities. No
public offer of securities of Steilmann SE is being or will be made to the
public outside Germany or Luxembourg. The public offer in Germany and
Luxembourg is being made exclusively on the basis of the securities
prospectus which has been published in the form approved by the German
Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleisungsaufsicht) and notified to the Luxembourg Financial
Sector Supervisory Commission (Commission de Surveillance du Secteur
Financier). Any decision to invest in the securities of Steilmann SE should
solely be based on the securities prospectus. Copies of the securities
prospectus are available free of charge at the offices of Steilmann SE
(Industriestraße 42, 59192 Bergkamen, Germany) as well as on the website of
Steilmann SE (http://www.steilmann-se.com/).

Neither this publication nor any copy of it may be made or transmitted into
the United States (including its territories or possessions, any state of
the United States of America and the District of Columbia) (the „United
States“), or distributed, directly or indirectly, in the United States. The
material set forth herein is for informational purposes only and does not
constitute an offer of securities for sale in the United States or any
other jurisdiction in which such an offer or solicitation is unlawful. The
securities referred to herein have not been and will not be registered
under the United States Securities Act of 1933, as amended (the Securities
Act), or with any securities regulatory authority of any state or other
jurisdiction of the United States, and may not be offered or sold within
the United States except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act and any
applicable securities laws of any state or other jurisdiction of the United
States. No public offering of securities will be made in the United States.

In the United Kingdom, this document is only being distributed to and is
only directed at persons who (i) are investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended) (the „Order“) or (ii) are
persons falling within Article 49(2)(a) to (d) of the Order (high net worth
companies, unincorporated associations, etc.) (all such persons together
being referred to as „Relevant Persons“). This document is directed only at
Relevant Persons and must not be acted on or relied on by persons who are
not Relevant Persons. Any investment or investment activity to which this
document relates is available only to Relevant Persons and will be engaged
in only with Relevant Persons.

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Sprache: Deutsch
Unternehmen: Steilmann SE
Baumstraße 22-24
44623 Herne
Deutschland
Telefon: +49 (0)23 89 783-0
Fax: +49 (0)23 89 783-112
E-Mail: info@steilmann-se.com
Internet: www.steilmann-se.com
ISIN: DE000A1PGWZ2, DE000A14J4G3, DE000A12UAE0
WKN: A1PGWZ, A14J4G, A12UAE
Börsen: Regulierter Markt in Frankfurt (Prime Standard)

Notierung vorgesehen / Intended to be listed (Frankfurt, Prime Standard)

Ende der Mitteilung DGAP News-Service

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