DGAP-Ad hoc: Allgeier SE

Munich, June 20, 2017 - In accordance with its intention announced on June 6, 2017, the Management Board of Allgeier SE (ISIN DE0005086300, WKN 508630) has today, with Supervisory Board assent, approved an increase in the company's share capital against cash capital contributions by up to almost 10% on the basis of the authorizations by the shareholders' General Meetings of June 17, 2014 (Approved Capital I) and June 23, 2015 (Approved Capital II).
 

The company's share capital is to be increased through partial utilization of Approved Capital I and Approved Capital II from currently EUR 9,071,500.00 through issuing up to 907,149 no-par value ordinary bearer shares to a total of up to EUR 9,978,649.00. The new shares are to be dividend-entitled from January 1, 2017. The shareholders' statutory subscription rights are excluded. The new shares will be included in the existing listing of the company's shares prospectively on July 3, 2017, after the company's Ordinary Annual General Meeting, which is to be held on June 28, 2017.
 

The new shares are to be issued by way of a bookbuilding procedure without a listing prospectus to institutional investors and other investors pursuant to the applicable exemptions for private placings in Europe. Furthermore, the company's directors and other Allgeier Group managers have notified the company their intention to participate in the capital increase. The final placing volume and placing price will be communicated in a separate ad hoc announcement. The placing price will not be significantly less than the current stock market price of the share of Allgeier SE. Baader Bank Aktiengesellschaft is to manage the transaction.
 

Allgeier SE intends to utilize the funds from the capital increase to finance further growth investments and, in particular, to implement further acquisitions.
 

Important information:
 

The information included in this document is not intended for transmission to the USA, Australia, Canada or Japan, and is not intended for publication in the USA, Australia, Canada or Japan.
 

This document is neither an offer to sell nor a solicitation to buy securities.
 

This document is not an offer of securities for purchase in the United States of America. Securities can be sold or offered for purchase in the United States of America only with prior registration pursuant to the regulations of the U.S. Securities Act of 1933 in its the currently valid version, or without prior registration only on the basis of an exemption. The shares of Allgeier SE are not registered, and will not be registered, pursuant to the regulations of the U.S. Securities Act of 1933 in its currently valid version, and will neither be sold nor offered for purchase in the United States of America.
 

Contact:

Allgeier SE
Corporate Communications & Investor Relations
Dr. Christopher Große
Wehrlestraße 12
81679 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
e-mail: ir@allgeier.com
Web: www.allgeier.com
 

Allgeier SE is one of the leading IT companies for digital transformation: with a growth strategy oriented to innovations and future trends, as well as an integrative business model, Allgeier exploits the opportunities that digitalization offers. Three operating segments with individual specialist and sector-related focuses work together for around than 3,000 customers from almost all business sectors. With more than 6,500 salaried employees and around 1,300 freelance experts, Allgeier offers its customers an extensive one-stop-shop range of solutions and services. With a highly flexible delivery model, Allgeier covers the entire IT service spectrum from on-site through to nearshore and offshore: with a strong business pillar in India, the company secures flexibility and maximum scalability of services, as well as highly qualified high-end software development expertise. Allgeier customers include globally operating groups as well as innovative medium-size business operations that aim to secure strategic advantages through high-performance IT solutions, intelligent software and flexible personnel services. This Munich-based, fast-growing Group maintains more than 100 branches in the region of Germany, Austria and Switzerland, in nine further European countries, as well as in India, Singapore, Vietnam, Mexico and the USA. Allgeier generated EUR 498 million of revenue in its continuing operations in 2016. Allgeier SE ranks first in the 2016 Lünendonk(R) list of "Leading German Medium-Sized IT Consultants and System Integrators". According to the Lünendonk(R) 2016 market segment study "The Market for Recruiting, Mediating and Managing IT Freelancers in Germany", Allgeier Experts ranks among Germany's top three IT personnel service providers. Allgeier SE is listed on the Regulated Market of the Frankfurt Stock Exchange (WKN 508630, ISIN DE0005086300). For more information, visit: www.allgeier.com.