Regulatory News:

Hoffmann Green Cement Technologies (the “Company” or “Hoffmann Green”) (Paris:ALHGR), French pioneer in low-carbon cement, today announces that 86.9% of the overallotment option granted to Portzamparc was exercised as part of its Initial Public Offering on the Euronext Growth Paris market. Thus 71,555 of the shares covered by the overallocation option (i.e. 13.1%) were bought back as part of the stabilisation operations.

This option resulted in the issuance of 474,103 additional new shares at the offering price of €18 per share, representing gross proceeds of €8,533,854.

As a result, after exercise of the overallotment option, the total number of Hoffmann Green shares offered as part of its Initial Public Offering amounts to 4,109,159 new shares, representing 30% of the share capital, thus bringing the total gross proceeds of the offering to approximately €74m, following the settlement-delivery of the additional new shares scheduled for November 12, 2019. Accordingly, the capital stock is composed of 13,602,387 shares after the exercise of the overallotment option.

In accordance with Article 631-10 of the General Regulation of the Autorité des Marchés Financiers ("AMF"), Portzamparc, in its capacity as stabilizing agent, indicates that it has carried out stabilization transactions on Hoffmann Green Cement shares (ISIN code: FR0013451044, ticker: ALHGR) as follows:

  • stabilization started on October 21, 2019 and ended on November 7, 2019
  • the last stabilization transaction was carried out on November 4, 2019
  • the price ranges in which trade stabilization has been achieved are the following:

Date

Lowest price (in €)

Highest price (in €)

October 21, 2019

18.00

18.00

October 22, 2019

17.80

18.00

October 23, 2019

18.00

18.00

November 4, 2019

17.90

17.90

Share capital breakdown after exercise of the overallotment option

 

Before the offering

After the offering, after overallotment option

Shareholders

Number of

shares

Number of

shares

% capital

% of voting

rights

Julien Blanchard

2,790,028

2,790,028

20.51%

28.98%

Gillaizeau Terre Cuite(1)

1,990,936

1,990,936

14.64%

10.34%

Total Julien Blanchard

4,780,964

4,780,964

35.15%

39.32%

David Hoffmann

2,790,028

2,790,028

20.51%

28.98%

Hoffmann Capital Holding(2)

27,900

27,900

0.21%

0.14%

Total David Hoffmann

2,817,928

2,817,928

20.72%

29.13%

Total Concert

7,598,892

7,598,892

55.86%

68.45%

SAS Cougnaud

474,884

808,218

5.94%

4.20%

CimChaux(3)

352,656

419,323

3.08%

2.18%

L’Consulting

268,296

268,296

1.97%

1.39%

Isabelle Mommessin

268,296

434,963

3.20%

2.26%

Camy

251,100

451,100

3.32%

2.34%

SCP Ardi(4)

251,100

251,100

1.85%

1.30%

LD Invest

28,000

38,000

0.28%

0.20%

Guy Blanchard

4

4

0.00%

0.00%

L'Invest

-

66,667

0.49%

0.35%

Hestia

-

133,334

0.98%

0.69%

Public flaot

-

3,132,490

23.03%

16.64%

TOTAL

9,493,228

13,602,387

100.00%

100.00%

All information pertaining to Hoffmann Green Cement Technologies’

Initial Public Offering can be found at

www.hoffmann-finance.com

About Hoffmann Green Cement Technologies

Founded in 2014, Hoffmann Green Cement Technologies designs, produces and distributes innovative low-carbon cements with a substantially lower carbon footprint than traditional cement.

Fully aware of the environmental emergency and the need to reconcile the construction sector, cement manufacturing and the environment, the Group believes it is at the heart of a genuine technological breakthrough based on altering cement’s composition and the creation of a heating-free and clean manufacturing process, without clinker.

Hoffmann Green’s cements, currently manufactured on a first 4.0 industrial site with no kiln nor chimney in western France, address all construction sector markets and present, at equivalent dosage and with no alteration in the concrete manufacturing process, higher performances than traditional cement.

For further information, please go to https://www.ciments-hoffmann.com/

Disclaimer

In no way do this press release and the information it contains constitute either a purchase or subscription offer, or a purchase or subscription order, for Hoffmann Green Cement Technologies shares in any country whatsoever.

Dissemination of this press release may, in some countries, be subject to specific regulations. Consequently, persons in such countries where this press release is released, published or distributed should inform themselves of and comply with such laws and regulations.

This press release is promotional in nature and is not a prospectus, within the meaning of Regulation (UE) 2017/1129 of the European Parliament and of the Council of June 14, 2017 (the "Prospectus Regulation”). The AMF’s approval of the prospectus does not constitute a favorable opinion on Hoffmann Green Cement Technologies.

This press release does not constitute and may not be considered as a public offer, a subscription offer or a solicitation of public interest for a public offering of financial securities.

This press release constitutes neither an offer to sell securities nor a solicitation of an offer to purchase securities in the United States. Shares or other securities in Hoffmann Green Cement Technologies may only be offered for sale or sold in the United States following registration under the terms of the U.S. Securities Act de 1933, as amended (“US Securities Act”), or within the framework of an exemption from registration. Shares in Hoffmann Green Cement Technologies will be offered or sold exclusively outside the United States of America as offshore transactions, in accordance with Regulation S of the Securities Act. Hoffmann Green Cement Technologies has no intention of registering the offering in part or in whole in the United States, or of carrying out a public offering in the United States.

For EEA Member States having applying the Prospectus Regulation (a "Relevant Member State"), no action has been or will be undertaken with a view to enabling a public share offering that would make it necessary to publish a prospectus in one or more of said Relevant Member States, other than France. Accordingly, shares in Hoffmann Green Cement Technologies cannot and will not be offered in any member state other than France, except under the derogations provided for in the Prospectus Regulation, or in other cases that do not require the company to publish a prospectus under the Prospectus Regulation and/or regulations applicable in the member state concerned.

In the UK, the press release is intended solely for persons who are (i) investment professionals in the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (current version, the “Financial Promotion Order”), (ii) are specified in article 49(2) (a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order, (iii) are outside the UK, or (iv) are persons to whom invitations or inducements to engage in investment activity (in the meaning of section 21 of the Financial Services and Markets Act 2000) in the framework of the issue or sale of all securities can be legitimately communicated, directly or indirectly (collectively, the “Authorised Persons”). This press release is solely intended for the Authorised Persons and cannot be used by any person other than the Authorised Persons.