MeinAuto Group AG / Key phrase(s): IPO
MeinAuto Group AG (‘MeinAuto Group’) along with Hg, has determined to postpone the contemplated IPO because of at the moment hostile market situations for top development corporations.
11-May-2021 / 15:45 CET/CEST
Disclosure of an inside info acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely accountable for the content material of this announcement.
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT DISCLAIMER AT THE END OF THIS RELEASE.
MeinAuto Group AG (“MeinAuto Group”) along with Hg, has determined to postpone the contemplated IPO because of at the moment hostile market situations for top development corporations.
The preliminary itemizing of the shares of MeinAuto Group on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange was initially deliberate for May 12, 2021. MeinAuto Group and Hg stay dedicated to itemizing on the Frankfurt Stock Exchange as soon as market situations stabilise.
This launch shouldn’t be for distribution, instantly or not directly, in or into the United States (together with its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada or Japan. It doesn’t represent or type part of any supply or solicitation to buy or subscribe for securities within the United States, Australia, Canada or Japan. The shares talked about herein haven’t been, and won’t be, registered beneath the US Securities Act of 1933, as amended (the “Securities Act”). The shares might not be supplied or bought within the United States, besides pursuant to an exemption from the registration necessities of the Securities Act. There will likely be no public supply of shares of MeinAuto Group AG (the “Company”) within the United States.
This launch constitutes neither a proposal to promote nor a solicitation to purchase shares of the Company.
In any EEA Member State, apart from Germany, this communication is just addressed to and is just directed at “qualified investors” in that Member State inside the which means of Article 2(e) of Regulation (EU) 2017/1129.
This launch could within the United Kingdom solely be distributed to, and is just directed at, individuals who’re “qualified investors” inside the which means of Article 2 of Regulation (EU) 2017/1129 because it varieties a part of home regulation by advantage of the European Union (Withdrawal) Act 2018, and who’re additionally (i) funding professionals falling inside Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) individuals falling inside Article 49(2)(a) to (d) of the Order (excessive web price corporations, unincorporated associations, and so forth.) (all such individuals collectively being known as “Relevant Persons”). This launch is directed solely at Relevant Persons and should not be acted on or relied on by individuals who aren’t Relevant Persons. Any funding or funding exercise in shares of the Company is offered solely to Relevant Persons and will likely be engaged in solely with Relevant Persons.
This launch comprises forward-looking statements. These statements are primarily based on the present views, expectations, assumptions and knowledge of the administration of the Company. Forward-looking statements shouldn’t be construed as a promise of future outcomes and developments and contain identified and unknown dangers and uncertainties. Various elements may trigger precise future outcomes, efficiency or occasions to vary materially from these described in these statements, and neither the Company nor another particular person accepts any duty for the accuracy of the opinions expressed on this launch or the underlying assumptions. The Company doesn’t assume any obligations to replace any forward-looking statements. Moreover, it must be famous that each one ahead trying statements solely converse as of the date of this launch and that neither the Company nor BofA Securities Europe SA, Jefferies International Limited, Jefferies GmbH, Barclays Bank Ireland PLC, Citigroup Global Markets Europe AG and UniCredit Bank AG (collectively, (the “Underwriters”) or their respective associates as outlined beneath Rule 501(b) of Regulation D beneath the Securities Act (“affiliates”) assume any obligation, besides as required by regulation, to replace any ahead trying assertion or to evolve any such assertion to precise occasions or developments.
Each of the Company and the Underwriters and their respective associates expressly disclaims any obligation or enterprise to replace, overview or revise any forward-looking assertion contained on this launch, whether or not on account of new info, future developments or in any other case.
Certain sources of market knowledge included on this launch had been ready earlier than the renewed outbreak of the COVID-19 pandemic and haven’t been up to date for the potential results of the following developments. The Company and the Underwriters aren’t in a position to decide whether or not the third events who’ve ready such sources will revise their estimates and projections as a result of potential additional impression of COVID-19 on future market developments.
None of the Underwriters or any of their respective associates or any of their or any of their associates’ respective administrators, officers, workers, advisers or brokers accepts any duty or legal responsibility in any respect for or makes any illustration or guarantee, specific or implied, as to the reality, accuracy or completeness of the data on this launch (or whether or not any info has been omitted from the discharge) or another info referring to the Company or its subsidiaries, whether or not written, oral or in a visible or digital type, and howsoever transmitted or made obtainable, or for any loss howsoever arising from any use of this launch or its contents or in any other case arising in connection therewith.
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