0NL1 Pva Tepla Ag

TIDMTTM

RNS Number : 0791D

Jefferies International Limited.

25 June 2021

Not for publication or distribution in the United States of America, Australia, Canada, Japan or South Africa or in any other jurisdiction in which offers or sales would be prohibited by applicable law.

Private placement of existing shares in PVA TePla AG to institutional investors completed

Frankfurt/Main - PA Beteiligungsgesellschaft mbH ("PA Beteiligungsgesellschaft"), core shareholder of PVA TePla AG (ISIN: DE0007461006), Ticker: TPE.GR) ("PVA Tepla"), sold in total 2,500,000 shares (approximately 11.5% of all outstanding shares) in a private placement to institutional investors. The Shares have been placed at a price of EUR22.30 per share. The aim is to increase PVA TePla's free float and the liquidity of its shares in the market as well as to diversify the assets of Peter Abel and his family.

Following the placement, the free float in PVA TePla AG will represent c. 86% of outstanding shares. PA Beteiligungsgesellschaft will hold after the private placement around 14%.

The selling shareholder has agreed to a 2 year lock-up period on all remaining shares.

Jefferies acted as Sole Global Coordinator in connection with the placement.

The information was submitted for publication at 08:00 CET on 25 June 2021 by Jefferies GmbH on behalf of PA Beteiligungsgesellschaft mbH.

Disclaimer / Important Note

This publication may not be published, distributed or transmitted, directly or indirectly, in the United States of America (including its territories and possessions), Australia, Canada, Japan or South Africa or any other jurisdiction where such an announcement would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This publication does not constitute an offer of securities for sale or a solicitation of an offer to purchase the above mentioned securities in the United States, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.

The securities of PVA TePla AG have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under any applicable securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, in or into the United States absent registration or in transactions exempt from or not subject to the registration requirements of Securities Act. There will be no public offer of the securities in the United States.

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June 25, 2021 02:00 ET (06:00 GMT)

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