PFISTERER Holding SE sets final price for IPO at EUR 27.00 per share
EQS-Ad-hoc: PFISTERER Holding SE / Key word(s): IPO
Ad-hoc publication May 12, 2025
Not for publication, distribution or release, in whole or in part, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa or Japan, or any other jurisdiction in which the publication, distribution or release would be unlawful. Please see the important notice at the end of this document. Disclosure of inside information acc. to Article 17 MAR PFISTERER Holding SE sets final price for IPO at EUR 27.00 per share Winterbach, May 12, 2025 - PFISTERER Holding SE (the “Company” or “PFISTERER”), a family-owned and independently operating global technology company developing, manufacturing, and selling products for the connection and insulation of electrical conductors for power grid interfaces, has set the final offer price for its initial public offering (the “Offering”) at EUR 27.00 per share. In total, c. 6.97 million shares were placed as part of the Offering. Thereof, 3.5 million new shares derive from a capital increase expected to be registered with the commercial register on 13 May, c. 1.69 million secondary base shares from the current shareholders, 1.00 million secondary upsize shares equally from the major shareholders Karl-Heinz Pfisterer and Anna Dorothee Stängel as well as c. 0.78 million secondary shares provided by the largest shareholder Karl-Heinz Pfisterer in connection with the over-allotment option. The total placement volume amounts to approximately EUR 188 million, assuming full exercise of the greenshoe option. PFISTERER Holding SE will receive gross proceeds of c. EUR 95 million to further accelerate the Company's profitable growth. Based on the final offer price, the Company’s market capitalisation will amount to approximately EUR 489 million. The free float of the Company will amount to c. 38.5%, assuming full exercise of the greenshoe option. The allocation for retail investors that placed orders with syndicate banks and DirectPlace® is approximately 3.0% of the total placement volume of, in aggregate, 6,967,378 shares (including 778,353 shares in connection with over-allotments). The allocation for all orders placed by retail investors with syndicate banks and their affiliated institutions as well as DirectPlace® is as follows: Up to an amount of 25 shares, each order receives a full allocation. Higher orders receive approximately 20% for the shares exceeding this amount, subject to a cap of 500 shares. The “Principles for the allocation of shares to retail investors” issued by the German Ministry of Finance’s Stock Exchange Experts were followed and the allocation to retail investors in connection with the offering follows the same criteria for all syndicate banks and their affiliated institutions as well as DirectPlace®. Trading of the Company's shares on SME Growth Market Segment Scale of the Frankfurt Stock Exchange is expected to commence on May 14, 2025 under the trading symbol “PFSE” and the ISIN DE000PFSE212. Berenberg and COMMERZBANK (in cooperation with ODDO BHF) acted as Joint Global Coordinators and Joint Bookrunners, with LBBW as Co-Global Coordinator and Joint Bookrunner and ICF BANK as Co-Manager in connection with the Offering.
INVESTOR RELATIONS CONTACT Stefanie Eberding PFISTERER Holding SE Rosenstr. 44 73650 Winterbach Germany Tel.: +49 7181 7005 149 E-Mail: stefanie.eberding.extern@pfisterer.com Web: www.pfisterer.com
Disclaimer This announcement does not constitute an offer or invitation to submit an offer to purchase or subscribe for securities. The securities have already been sold. This announcement is not and does not form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Canada, Australia, South Africa or Japan or in any other jurisdiction in which such offer or solicitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation. The securities to which this announcement relates 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 except pursuant to an exemption from, or in an offering not subject to, the registration requirements of the Securities Act. There will be no public offering of the securities in the United States. In any member state of the European Economic Area or the United Kingdom, this communication is only addressed to and is only directed at qualified investors in such member state or the United Kingdom within the meaning of the Regulation EU 2017/1129 (the “Prospectus Regulation”) or the Prospectus Regulation as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the “UK Prospectus Regulation”), respectively, and no person that is not a qualified investor may act or rely on this communication or any of its contents. This communication is being distributed to and is only directed at: (i) persons who are outside the United Kingdom; or (ii) to persons who are “qualified investors” within the meaning of Article 2 of the UK Prospectus Regulation and who are also (a) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (b) high net worth companies, and other persons falling within Articles 49(2)(a) to (d) of the Order (all such persons in (i) and (ii) above together being referred to as “relevant persons”). Any invitation, offer or agreement to subscribe for, purchase or otherwise acquire securities will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents. The present material contains various statements relating to the future development of PFISTERER Holding SE. These statements are based on assumptions and estimates. Although we are convinced that the forward-looking statements are realistic, they are not guarantees of future performance since our assumptions involve risks and uncertainties that could cause actual the actual performance and results as well as the financial and net asset position to differ materially from those anticipated. Such factors include market fluctuations, the development of world market prices for commodities or spare parts as well as financial markets and exchange rates, changes in national or international laws and regulations or fundamental changes in the economic and political environment. PFISTERER Holding SE does not intend to and does not undertake any.
End of Inside Information
12-May-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | PFISTERER Holding SE |
Rosenstr. 44 | |
73650 Winterbach | |
Germany | |
Phone: | +49 7181 7005-0 |
E-mail: | info@pfisterer.com |
Internet: | www.pfisterer.com |
ISIN: | DE000PFSE212 |
WKN: | PFSE21 |
Listed: | Regulated Unofficial Market in Frankfurt (Scale) |
EQS News ID: | 2135576 |
End of Announcement | EQS News Service |
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2135576 12-May-2025 CET/CEST