DGAP-News: Joh. Berenberg, Gossler & Co. KG / Key word(s): Disposal
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW.
Alychlo has successfully completed the sale of shares in Fagron
Alychlo NV ("Alychlo") announces the successful completion of the sale of 3.6 million existing ordinary shares (the "Shares") of Fagron NV ("Fagron" or the "Company"), corresponding to total proceeds of c. €65 million, by means of a private placement via an accelerated bookbuild offering ("Private Placement"), that was launched yesterday. This represents c. 5.0% of Fagron's current outstanding share capital. The Shares have been placed at a price of €18.10 per share. Following the Private Placement, Alychlo, will hold approximately 5.0% of Fagron's current outstanding share capital and will hereby remain a fully committed and significant long term shareholder of the Company.
Settlement is expected to take place on 31 May 2021.
In the context of the Private Placement, Alychlo has agreed to a lock-up undertaking in relation to its residual holding in Fagron ending 180 days after the closing date, subject to customary exceptions.
Joh. Berenberg, Gossler & Co. KG, Belfius Bank NV/SA and KBC Securities NV acted as Joint Global Coordinators and Bookrunners on the transaction.
The information was submitted for publication by Joh. Berenberg, Gossler & Co. KG on behalf of Alychlo.
IMPORTANT LEGAL INFORMATION
The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or under any other applicable securities laws or with any securities regulatory authority of any state or other jurisdiction of the United States, and may not be offered, sold, pledged, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and applicable state securities laws. No public offering of securities has been or will be made in the United States or in any other jurisdiction. Persons into whose possession this communication comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the security laws of any such jurisdiction.
In relation to the EEA, the offering in this announcement is only addressed to, and is only directed at, (i) "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation or pursuant to other applicable private placement exemptions. In relation to the United Kingdom, the offering in this announcement is only addressed to, and is only directed at, "qualified investors" within the meaning of Article 2(e) of the Prospectus Regulation amended and transposed into the laws of the United Kingdom law by virtue of the European Union (Withdrawal) Act of 2018 and the European Union (Withdrawal Agreement) Act 2020 (the "UK Prospectus Regulation"); (ii) persons who have professional experience in matters relating to investments falling within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"); (iii) "high net worth companies, unincorporated associations, etc." falling within Article 49(2)(a) to (d) of the Order; or (iv) any other person to whom it may otherwise lawfully be communicated.
Joh. Berenberg, Gossler & Co. KG, Belfius Bank NV/SA and KBC Securities NV ("Bookrunners") are acting for Alychlo NV and no one else in relation to the intended transaction, and will not be responsible to anyone other than Alychlo NV for providing the protections offered to their respective clients nor for providing advice in relation to the intended transaction.
The Bookrunners have informed Alychlo NV that the following information is intended for distributors only. The information is provided by the Bookrunners and Alychlo NV does not assume responsibility for it.
27.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.