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THIS RELEASE IS NOT A PROSPECTUS BUT AN ADVERTISEMENT WITHIN THE MEANING OF THE PROSPECTUS REGULATION; INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SECURITIES REFERRED TO IN THIS ADVERTISEMENT EXCEPT ON THE BASIS OF THE INFORMATION CONTAINED IN THE PROSPECTUS.
Engel & Völkers Digital Invest sets final offer price for IPO at 14.00 Euro per share
- IPO oversubscribed at the offer price
- Final offer orice set at 14.00 Euro per offer share
- First trading day of the shares on the Frankfurt Stock Exchange (Scale Segment) expected on 3 May 2022
Berlin, 27 April 2022. EV Digital Invest AG ("Company" and together with its subsidiary, "Engel & Völkers Digital Invest"), operator of the online real estate investment platform "Engel & Völkers Digital Invest", has set the final offer price in the IPO at 14.00 Euro per offer share. This is in the middle of the price range of 13.50 euros to 14.50 euros per share.
All 450,000 new shares offered were fully placed. At the offer price, the IPO of Engel & Völkers Digital Invest was oversubscribed. Engel & Völkers Digital Invest plans to use the net issue proceeds from the IPO to finance its dynamic growth.
Marc Laubenheimer, Co-CEO of the Company: "The IPO marks a milestone in our company history. We are proud to have received such strong support on the capital market. With the successful IPO, we have taken the principle of our successful online real estate investment platform 'investing side by side' to a new level. We feel a responsibility to our investors and look forward to implementing our growth strategy."
Tobias Barten, Co-CEO of the Company, adds: "We warmly welcome our new shareholders. The proceeds from the capital increase will enable us to further accelerate the growth of Engel & Völkers Digital Invest in the coming years. With a strong investor base and our strong revenue growth, I believe we are well positioned in a promising market environment."
Trading in the Company's shares on the Frankfurt Stock Exchange (Scale Segment) is expected to begin on 3 May 2022. The Company's shares will bear the international securities identification number (ISIN) DE000A3DD6W5 and the German securities code (Wertpapier-Kenn-Nummer, WKN) A3DD6W. Delivery of the offer shares to investors is also expected to take place on 3 May 2022.
The subscription orders submitted via the subscription functionality "DirectPlace" of the Frankfurt Stock Exchange ("Subscription Functionality") were fully served, if and to the extent that the submitted subscription orders were submitted at least at the final offer price of 14.00 Euro and for at least seven (7) offer shares.
Following allocation, investors will receive a separate securities settlement note from their depositary bank. Investors can also receive additional information on the shares allocated to them from their depositary bank. The principles for the allocation of share issues to private investors, which were published by the exchange expert commission at the German Federal Ministry of Finance on 7 June 2000, were adhered to, and the allocation for subscription offerings via the Subscription Functionality was carried out in accordance with uniform criteria. Preferential allocation to the Company's board members or their relatives, or to the Company's employees or business partners did not occur.
Hauck Aufhäuser Investment Banking is acting as Sole Global Coordinator and Sole Bookrunner for the IPO.
About EV Digital Invest AG
The fast-growing digital investment platform for real estate "Engel & Völkers Digital Invest" offers private investors the opportunity to participate in selected real estate projects as co-investors. As a quality-leading platform in the field of digital real estate investment and financing, and as a registered license partner of Engel & Völkers, it enjoys exceptionally high brand recognition.
With many years of industry expertise, extensive due diligence and high quality standards, a financing volume of more than € 170 million has been achieved so far without project defaults. A loyal and well-capitalized investor base with currently more than 13,000 users enables project financing within short financing periods. Market share is to be significantly expanded with a growth and quality-focused business strategy.
Further information: www.ev-digitalinvest.de
ENGEL & VÖLKERS DIGITAL INVEST
EV Digital Invest AG
Joachimsthaler Str. 12
Licensed partner of Engel & Völkers Marken GmbH & Co. KG
Kirchhoff Consult, Jan Hutterer
Borselstraße 20, 22765 Hamburg
Phone: +49 40 60 91 86 65
This release may not be published, distributed or released in the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, "United States"), Australia, Canada, Japan or any other jurisdiction in which the publication, distribution or release would be unlawful. This release constitutes neither an offer to sell nor a solicitation to buy or subscribe to securities of EV Digital Invest AG ("Company") in the United States, Australia, Canada, Japan or any other jurisdiction to whom or in which such offer or solicitation is unlawful. Securities of the Company ("Securities") have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). Securities of the Company may not be offered or sold in the United States. There will be no public offering of Securities in the United States or any other jurisdiction outside Germany. The Securities have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended. The Securities may not be offered or sold in the United States, Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of the United States, Australia, Canada or Japan.
This release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any Securities. The securities have already been sold. The public offering in Germany has been made solely by means of, and on the basis of, the published prospectus which was approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht - "BaFin"). The approval of the prospectus by BaFin should not be understood as an endorsement of the Securities offered. The prospectus is available free of charge on the Company's website (https://www.ev-digitalinvest.de). An investment decision regarding the publicly offered Securities should only be made on the basis of the prospectus. Potential investors should purchase Securities solely on the basis of the prospectus relating to the Securitiesand shouldreadtheprospectusbeforemakinganinvestment decision in order to fully understand the potential risks and rewards as- sociated with the decision to invest in the Securities.
This release is not a prospectus within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC), as amended.
In member states of the European Economic Area ("EEA") other than Germany, this information is only addressed to and directed at persons who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Regulation (Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC).
In the United Kingdom, this information is directed at and/or for distribution only to (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended ("Order"), or (ii) high net worth companies falling within article 49(2)(a) to (d) of the Order (each such person hereinafter a "relevant person"). The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this information or any of its contents.
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