HGears AG: Notification on the implementation of stabilisation measures
June 18, 2021 at 03:23 pm EDT
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DGAP-News: hGears AG
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hGears AG: Notification on the implementation of stabilisation measures
18.06.2021 / 21:21
The issuer is solely responsible for the content of this announcement.
hGears AG: Notification on the implementation of stabilisation measures
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE PRESS RELEASE.
18 June 2021
hGears AG
Notification in accordance with Article 5 (4) b) and (5) of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse ("Market Abuse Regulation") of 16 April 2014 and in accordance with Article 6 (2) of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 on the implementation of stabilisation measures
hGears AG (contact: Daniel Basok; +49 (0) 7422 566 730) hereby gives notice that the Stabilisation Manager named below undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) in relation to the offer of securities, as set out below:
Securities:
Issuer:
hGears AG
Guarantor (if any):
Not applicable
Aggregate nominal amount:
6,670,000
Description:
No-par value shares
ISIN DE000A3CMGN3
Offer price:
EUR 26.00
Stabilisation Manager:
Hauck & Aufhäuser Privatbankiers AG
Existence, maximum size and conditions of use of over-allotment option:
870,000 no-par value shares
Stabilisation market place:
Frankfurt Stock Exchange, Xetra
Stabilisations:
Date
Time of order
Execution price (EUR)
Amount
Market place
17 June 2021
12:11:29
25.80
773
XETR
17 June 2021
12:11:29
26.00
227
XETR
17 June 2021
13:33:04
25.80
246
XETR
17 June 2021
13:33:04
26.00
194
XETR
Sum
17 June 2021
25.8585
Weighted average price
1,440
Total
18 June 2021
09:42:03
25.40
441
XETR
18 June 2021
09:42:03
25.50
194
XETR
18 June 2021
09:42:03
25.70
100
XETR
18 June 2021
09:44:30
25.80
265
XETR
18 June 2021
09:44:30
25.60
131
XETR
18 June 2021
09:44:56
26.00
100
XETR
18 June 2021
09:45:11
25.60
164
XETR
18 June 2021
09:46:07
26.00
200
XETR
18 June 2021
09:46:31
25.60
205
XETR
18 June 2021
09:53:56
25.50
524
XETR
18 June 2021
09:55:55
25.50
393
XETR
18 June 2021
09:57:55
25.50
294
XETR
18 June 2021
09:59:59
25.50
221
XETR
18 June 2021
10:01:57
25.50
203
XETR
18 June 2021
10:02:08
25.50
365
XETR
18 June 2021
10:31:40
25.90
448
XETR
18 June 2021
10:31:40
26.00
189
XETR
18 June 2021
10:32:29
26.00
582
XETR
18 June 2021
10:32:57
26.00
300
XETR
18 June 2021
11:01:51
25.80
194
XETR
18 June 2021
11:01:51
26.00
100
XETR
18 June 2021
11:04:06
26.00
456
XETR
18 June 2021
11:04:06
26.00
229
XETR
18 June 2021
11:04:06
26.00
5
XETR
18 June 2021
11:04:36
26.00
100
XETR
18 June 2021
11:16:00
25.80
147
XETR
18 June 2021
11:18:06
25.90
732
XETR
18 June 2021
11:18:06
25.90
160
XETR
18 June 2021
11:18:47
25.90
6
XETR
18 June 2021
11:18:47
26.00
4
XETR
18 June 2021
11:18:50
25.60
155
XETR
18 June 2021
11:19:04
26.00
20
XETR
18 June 2021
11:20:10
25.60
45
XETR
18 June 2021
11:20:51
26.00
50
XETR
18 June 2021
11:21:49
26.00
60
XETR
18 June 2021
11:22:47
25.50
250
XETR
18 June 2021
11:23:28
25.50
188
XETR
18 June 2021
11:23:29
25.50
340
XETR
18 June 2021
11:23:29
25.50
222
XETR
18 June 2021
11:23:41
25.90
70
XETR
18 June 2021
11:23:57
26.00
50
XETR
18 June 2021
11:24:28
25.90
70
XETR
18 June 2021
11:24:58
26.00
70
XETR
18 June 2021
11:26:43
26.00
65
XETR
18 June 2021
11:29:09
26.00
74
XETR
18 June 2021
11:30:15
26.00
3
XETR
18 June 2021
11:32:02
25.70
40
XETR
18 June 2021
12:12:00
25.60
30
XETR
18 June 2021
14:02:49
25.50
782
XETR
18 June 2021
14:02:49
25.60
194
XETR
18 June 2021
14:05:10
26.00
100
XETR
18 June 2021
14:05:10
26.00
500
XETR
18 June 2021
14:05:11
25.60
429
XETR
18 June 2021
14:05:27
26.00
200
XETR
18 June 2021
14:52:39
25.60
20
XETR
18 June 2021
15:01:43
25.60
551
XETR
18 June 2021
15:15:47
25.50
2,000
XETR
18 June 2021
16:34:30
25.30
1,290
XETR
18 June 2021
16:34:30
25.80
776
XETR
18 June 2021
16:36:55
25.80
434
XETR
18 June 2021
17:02:56
25.50
358
XETR
18 June 2021
17:08:29
25.50
183
XETR
18 June 2021
17:21:43
25.50
193
XETR
18 June 2021
17:36:13
26.00
5,000
XETR
18 June 2021
17:36:13
26.00
3,000
XETR
18 June 2021
17:36:13
26.00
1,918
XETR
Sum
18 June 2021
25.7849
Weighted average price
27,182
Total
Sum
(17/06/21-18/06/21)
Weighted average price (EUR)
Total
25.7886
28,622
Disclaimer
"This publication constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold.
The information contained herein is not for distribution, directly or indirectly, in or into the United States of America (including its territories and possessions of any State of the United States of America or of the District of Columbia) or publications with a general circulation in the United States of America. This publication constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities in the United States of America. The securities 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 in the United States of America absent registration or an exemption from registration under the Securities Act. The issuer does not intend to register any portion of the offering in the United States of America or to conduct a public offering of the securities in the United States of America.
No prospectus has been or will be approved for publication in the United Kingdom in respect of the securities to which this publication relates. Consequently, this publication is being distributed only to, and is directed only at, persons who are (a) "qualified investors" as defined in Article 2 of the UK Prospectus Regulation (Regulation (EU) 2017/1129 which forms part of the law of England and Wales by virtue of the European Union (Withdrawal) Act 2018) and either (i) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) persons who are high net worth entities falling within Articles 49(2)(a) to (d) of the Order, or (b) other persons to whom it may otherwise lawfully be communicated (all such persons under (a) and (b) together being referred to as "relevant persons"). Furthermore, this publication is only addressed to and directed at persons in member states of the European Economic Area (other than in Germany) who are "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation ("Qualified Investors"). Any investment or investment activity to which this publication relates is only available to and will only be engaged in with (i) in the United Kingdom, relevant persons, and (ii) in any other member state of the European Economic Area (other than in Germany), Qualified Investors. Any other persons who receive this publication in the United Kingdom or the European Economic Area (other than in Germany) should not rely on or act upon it.
This publication is not an offer of securities for sale in Canada, Japan, Australia or South Africa."
18.06.2021 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.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
hGears AG ia a Germany-based manufacturer of high-precision gears and components with a focus on products for e-mobility applications. hGears develops, manufactures, and supplies precision components and sub-systems as well as complex full system solutions. Products include gears, sprockets, shafts, structural components, complete gearboxes and other components. The Company divides their business into three business areas: e-Mobility, e-Tools and other automotive and industrial applications. E-Mobility focuses on products for e-bike drive systems and drive train units for electric and hybrid vehicles. E-Tools focuses on components utilized in the powering mechanism of battery driven (e-drive), cordless power and gardening tools. Conventional focuses on gear units for various applications, such as rolling shutters and systems for heating, ventilation and air conditioning, motorbikes and non-combustion part precision components for vehicles.