DGAP-News: hGears AG / Key word(s): Miscellaneous
hGears AG: Post-Stabilisation disclosure - Partial exercise of the Greenshoe Option

18.06.2021 / 21:24
The issuer is solely responsible for the content of this announcement.


hGears AG: Post-Stabilisation disclosure - Partial exercise of the Greenshoe Option

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


Disclosure after the end of the stabilisation period in accordance with Article 6 para. 3 of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 on the implementation of stabilisation measures

Following the pre-stabilisation period announcement dated 12 May 2021 and the notifications on the implementation of stabilisation measures dated 08 June 2021, 16 June 2021 and 18 June 2021, Hauck & Aufhäuser Privatbankiers Aktiengesellschaft, Frankfurt am Main, Germany ("Stabilisation Manager"), in its function as stabilisation manager has informed hGears AG, Schramberg, Germany ("Issuer"), (contact: Daniel Basok; +49 (0) 7422 566 730) on 18 June 2021 that the Stabilisation Manager terminated the stabilisations (within the meaning of Art. 3 para. 2 lit. (d) of the Regulation (EU) 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation)) by the end of 18 June 2021. The Issuer, therefore, discloses the following information:

 
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
Date on which stabilisation started: 28 May 2021
Date on which stabilization last occurred: 18 June 2021
Number of shares purchased as part of the stabilisation: 408,226 no-par value shares

Price range in EUR (Currency code (ISO 4217)) within which stabilisation was carried out, for each of the dates during which stabilisations were carried out:
   
DateOpenClose  
28 May 2021 25.00 26.00  
31 May 2021 26.20 26.00  
04 June 2021 25.80 25.80  
07 June 2021 25.20 25.50  
08 June 2021 25.50 25.90  
09 June 2021 25.80 26.10  
10 June 2021 26.10 26.00  
11 June 2021 25.50 25.80  
14 June 2021 25.50 25.80  
15 June 2021 25.50 25.90  
16 June 2021 25.40 25.80  
17 June 2021 25.80 25.10  
18 June 2021 25.40 26.00  
 

Disclaimer

"These materials may not be, directly or indirectly, published, distributed or transmitted 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. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Securities") of hGears AG (the "Company") in the United States, Australia, Canada, Japan, South Africa or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). There will be no public offering of the securities in the United States. The Securities of the Company have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada, Japan or South Africa or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada, Japan or South Africa subject to certain exceptions.

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.), or (iii) to whom an invitation or inducement to engage in an investment activity (within the meaning of section 21 of the United Kingdom Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise be lawfully communicated or caused to be communicated (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.

This publication constitutes neither an offer to sell nor a solicitation to buy any securities. The securities have already been sold."

 



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.

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Language: English
Company: hGears AG
Brambach 38
78713 Schramberg
Germany
Phone: +49 (7422) 566 0
Fax: +49 (7422) 566 883
E-mail: info@hgears.com
Internet:https://hgears.com
ISIN: DE000A3CMGN3
WKN: A3CMGN
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 1209869

 
End of News DGAP News Service

1209869  18.06.2021 

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