Aumann AG

Share Issue/Capital Change • Mar 9, 2017

News Details

Corporate | 9 March 2017 22:27

Aumann AG: E-mobility specialist Aumann AG plans IPO on 24 March 2017

DGAP-News: Aumann AG / Key word(s): IPO/IPO

09.03.2017 / 22:27

The issuer is solely responsible for the content of this announcement.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

E-mobility specialist Aumann AG plans IPO on 24 March 2017

– Price range set between EUR35 and EUR43 per share

– Primary offering of 1.5 million shares for the funding of e-mobility growth

– Secondary offering by current shareholders of 4.48 million shares, including a potential overallotment, will create free float of up to 46.4%

– Aumann AG starts 2017 with high double-digit revenue and profitability growth as well as strong order intake momentum

Beelen, 9 March 2017

Aumann AG (“Aumann”), a globally leading manufacturer of innovative specialized machinery and automated production lines with focus on e-mobility, plans to list its shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange on 24 March 2017. The intended offering comprises 1.5 million new shares from a capital increase and 3.7 million secondary shares from the current shareholders. Additionally, there will be a potential overallotment by the current shareholders of 780,000 shares. The share capital of Aumann after the transaction will increase up to 14 million shares without par value. The price range was set between EUR35 and EUR43 per share. The free float after the IPO will amount up to 46.4% after the end of the lock up period.

The basis of the offering will be a prospectus with detailed information regarding the IPO. The approval of the prospectus by the German Federal Financial Supervisory Authority is expected on Friday, 10 March 2017. Upon approval, the prospectus will be published in the Investor Relations section of the company’s website www.aumann-ag.com.

The expected primary gross IPO proceeds of c. EUR59 million (at mid-point of the price range) allow the funding of Aumann’s capacity expansion. Aumann has a unique winding technology for large-scale series production of highly efficient electric motors. Aumann’s combination of decades of automation experience in the area of drivetrains for cars and longstanding customer relationships with leading automotive OEMs opens significant growth potential through the introduction of high volume car models with pure electric and hybrid drivetrains. Last year, Aumann already grew organically by 28% to EUR156 million in revenues with an adjusted EBIT margin of 12.4%.

Aumann has started 2017 very positively. According to preliminary unaudited figures, the company generated revenues of EUR32.9 million and an EBIT of EUR4.1 million which corresponds to an EBIT margin of 12.6% in the period from 1 January 2017 until 28 February 2017. This corresponds to a revenue increase of 64% compared to the same period in 2016 (revenues: EUR20.1 million) and an EBIT increase of 90% compared to the same period in 2016 (EBIT: EUR2.2 million).

The revenue share of the E-mobility segment in the first two months of 2017 amounted to 28%. The EBIT margin of the E-mobility segment increased again to 18.0% compared to 17.1% for the full year 2016.

The order intake of already EUR37.5 million until 9 March 2017 is very positive for this time of the year.

The majority shareholder of Aumann, the medium-sized family business MBB SE listed on the Prime Standard, will hold 53.6% of Aumann’s shares assuming the full placement of all shares and exercise in full of the greenshoe option. Aumann AG and its current shareholders have agreed to a lock up period of 6 months and the members of the management board of Aumann, which will hold approximately 0.5% of the shares after IPO, have agreed to a lock up period of 12 months.

Berenberg and Citigroup act as Joint Global Coordinators in the transaction and together with Hauck & Aufhäuser as Joint Bookrunners.

About Aumann AG

Aumann is a leading manufacturer of innovative specialised machinery and automated production lines with focus on e-mobility. The company combines unique winding technology for the highly efficient manufacturing of electric motors with decades of automation experience, particularly for the automotive industry. Leading companies worldwide count on Aumann’s solutions for the serial production of electric and hybrid drivetrains as well as solutions for automated production lines.

Further information on Aumann can be found at www.aumann-ag.com.

Contact:

edicto GmbH

Dr Sönke Knop

Eschersheimer Landstraße 42-44

60322 Frankfurt

Germany

Phone: 0049(0)69-90550551

Fax 0049(0)69-90550577

Email: aumann@edicto.de

Disclaimer

This publication is an advertisement. This publication constitutes neither an offer to sell nor a solicitation to buy securities. The offer will be made solely by means of, and on the basis of, a prospectus which is to be published. An investment decision regarding the publicly offered securities of Aumann AG should only be made on the basis of the securities prospectus. The prospectus will be available free of charge from the Aumann AG (Dieselstraße 6, 48361 Beelen, Germany, fax number +49 2586 888-7100, and on the website of Aumann AG www.aumann-ag.com).

These materials are for informational purposes only and are not intended to constitute, and should not be construed as, an offer to sell or subscribe for, or the announcement of a forthcoming offer to sell or subscribe for, or a solicitation of any offer to buy or subscribe for, or the announcement of a forthcoming solicitation of any offer to buy or subscribe for, ordinary shares in the share capital of Aumann AG (the “ Company “, and such shares, the “ Shares “) in the United States or in any other jurisdiction.

The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “ Securities Act “) and may not be offered or sold within the United States absent registration or an exemption from the registration requirements under the Securities Act. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of Shares in the United States.

The Company has not authorised any offer to the public of Shares in any Member State of the European Economic Area, except in the Federal Republic of Germany and Luxembourg. With respect to any Member State of the European Economic Area which has implemented the Prospectus Directive other than Germany and Luxembourg (each a “ Relevant Member State “), no action has been undertaken or will be undertaken to make an offer to the public of Shares requiring publication of a prospectus in any Relevant Member State. As a result, the Shares may only be offered in Relevant Member States:

(i) to any legal entity which is a “qualified investor” as defined in the Prospectus Directive; or

(ii) in any other circumstances falling within Article 3(2) of the Prospectus Directive.

For the purpose of this paragraph, the expression “offer of securities to the public” means the communication in any form and by any means of sufficient information on the terms of the offer and the Shares to be offered so as to enable the investor to decide to exercise, purchase or subscribe for the Shares, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression “ Prospectus Directive ” means Directive 2003/71/EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in the Relevant Member State.

Any such investor will also be deemed to have represented and agreed that any Shares acquired by it in the contemplated offering of Shares have not been acquired on behalf of persons other than such investor. This announcement is not an advertisement within the meaning of the Prospectus Directive and does not constitute a prospectus.

In the United Kingdom, this document and any other materials in relation to the Shares is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, “ qualified investors ” (as defined in section 86(7) of the Financial Services and Markets Act 2000) and who are (i) persons having professional experience in matters relating to investments who fall within the definition of “ investment professionals ” in Article 19(5) of the Financial Services and Markets Act 2000 (“ Financial Promotion “) Order 2005 (the “ Order “); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “ relevant persons “). This communication is directed only at relevant persons. Persons who are not relevant persons should not take any action on the basis of this document and should not act or rely on it. Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. No action has been taken by the Company that would permit an offer of Shares or the possession or distribution of these materials or any other offering or publicity material relating to such Shares in any jurisdiction, except for the Republic of Germany and Luxembourg, where action for that purpose is required.

This document may contain forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of the Company and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company and other factors. The Company does not assume any obligations to update any forward- looking statements.

Neither these materials nor any copy of it may be taken or transmitted, directly or indirectly, into the United States, Australia, Canada, Japan or the South Africa. These materials do not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase or subscribe nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of these materials and other information in connection with the listing and offer in certain jurisdictions may be restricted by law.

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09.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	Aumann AG
	Dieselstraße 6
	48361 Beelen
	Germany
Phone:	+49 (0) 2586 888-0
Fax:	+49 (0) 2586 888-7100
E-mail:	info@aumann.com
Internet:	www.aumann.com

End of News	DGAP News Service