home24 SE / Key word(s): IPO
Berlin - Mobly S.A. ("Mobly"), a subsidiary of home24 SE ("home24", the "Company"), has set the final offer price for its initial public offering at 21.00 BRL per share. Trading in Mobly's shares on the Novo Mercado of B3 (formerly the São Paulo Stock Exchange), Brazil, is expected to commence on 5 February 2021 under the ticker symbol MBLY3 and the ISIN BRMBLYACNOR5.
Placed are 37,037,038 newly issued common shares of Mobly S.A. and 1,610,306 common shares of the current main shareholder, home24 Holding GmbH & Co. KG, a subsidiary of home24. In addition, home24 has granted an over-allotment option (Greenshoe) of up to 5,797,102 common shares held by home24 Holding GmbH & Co. KG, which may be exercised by the stabilization agent by 6 March 2021. In case the over-allotment is exercised, in total, 44,444,446 common shares in Mobly S.A. will be placed in the course of the IPO.
Mobly S.A. will raise through the IPO appr. 777.8 million BRL gross proceeds. home24 Holding GmbH & Co. KG will receive ca. 33.8 million BRL gross proceeds from the sale of the Mobly S.A. shares and additional gross proceeds of up to ca. 121.7 million BRL in case of full exercise of the over-allotment option.
home24 will continue to hold the majority of shares in Mobly S.A. with at least 51.1% after the IPO.
Person making the notification: Dr. Martin Bredol, Capital Market Compliance Officer
This release contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of the Company. Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Various factors could cause actual future results, performance or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this release or the underlying assumptions. The Company does not assume any obligations to update any forward-looking statements.
This release is being disclosed pursuant to applicable securities regulations for informative purposes only and shall not, in any circumstances, be construed as an investment recommendation, an offer to sell or solicitation of an offer to buy the Mobly S.A. securities, including common shares of Mobly S.A.
This communication does not constitute an offer to purchase shares or the solicitation of an offer to purchase shares of Mobly S.A. in the United States, Australia, Canada, Japan or any other jurisdiction in which an offer is not permitted by law. The shares of Mobly S.A. may not be sold or offered for sale in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The shares of Mobly S.A. have not been and will not be registered under the Securities Act. There will be no public offering of the shares referred to in this release in the United States of America.
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|EQS News ID:||1165672|
|End of Announcement||DGAP News Service|