SNP Schneider-Neureither & Partner SE / Key word(s): Capital Increase
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SNP SE Successfully Concludes Capital Increase with Gross Proceeds of approximately € 28.0 million
Heidelberg, Germany, July 15, 2020 - SNP Schneider-Neureither & Partner SE (WKN: 720370, ISIN: DE0007203705) (the "Company") has successfully concluded its capital increase that was announced earlier today. The order book was closed after a few hours due to high demand.
A total of 610,000 new shares were placed at a price of € 46.00 in the private placement, generating gross proceeds in the amount of approximately € 28.0 million. The new shares will be admitted to trading on the regulated market of the Frankfurt Stock Exchange, without a prospectus, with simultaneous admission to the sub-segment of the regulated market with further post-admission requirements (Prime Standard). The first trading day for the new shares is expected to be July 22, 2020.
Mainfirst Bank AG acted as Sole Bookrunner for the transaction.
SNP is one of the world's leading providers of software for the management of complex digital transformation processes. Unlike traditional IT consulting in an ERP environment, SNP employs an automated approach that uses proprietary software. With the data transformation platform CrystalBridge(R) and the SNP BLUEFIELD(TM) approach, IT landscapes can be restructured and modernized much faster and more securely, and data can be securely migrated to new systems or cloud environments. This provides customers with clear qualitative benefits while also reducing their investment of time and expense.
The SNP Group has around 1,400 employees worldwide. Headquartered in Heidelberg, the company generated Group revenue of approximately € 145 million in the 2019 fiscal year. SNP's customers are global corporations from all industries. SNP was founded in 1994, has been publicly traded since 2000 and listed on the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0007203705) since August 2014 and was admitted to the SDAX(R) in March 2020. Since 2017, the company has operated as a European stock corporation (Societas Europaea/SE).
Further information is available at www.snpgroup.com
Investor Relations Contact:
Head of Investor Relations
Tel: +49 6221 6425-172
Director of Investor Relations
Tel: +49 6221 6425-637
This publication constitutes neither an offer to sell nor a solicitation to buy shares of SNP Schneider-Neureither & Partner SE.
This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares of SNP Schneider-Neureither & Partner SE (the "Shares") have not been 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 unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the United States and the Shares will not be registered under the Securities Act.
This document is only being distributed to and is only directed at persons who (i) are outside the United Kingdom or (ii) are investment professionals falling within Article 19(5) or persons falling within Article 49(2)(a) to (d) of the Financial Services and Markets Act 2000 (Financial Promotion) (all such persons together being referred to as "relevant persons"). The Shares 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. This announcement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons.
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15-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
SNP Schneider-Neureither & Partner SE
Dossenheimer Landstraße 100
+49 6221 6425 637, +49 6221 6425 172
+49 6221 6425 20
Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
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