hGears AG

hGears AG

Information on First Quotation

Description:
New Company (Regulated Market)
Segment on First Quotation:
Prime Standard
Transaction Type:
New Issue
Supersector:
Consumer Goods
Sector:
Automobile
Subsector:
Auto Parts & Equipment
Country:
Germany
Symbol:
HGEA
First Trading Day:
21 May 2021
ISIN:
DE000A3CMGN3
Class:
Bearer shares without par value
Offering Period:
10 May 2021 - 18 May 2021
Issuing Method:
Bookbuilding Procedure
Bookbuilding Range:
€ 23.00 - 31.00
Subscription Price:
€ 26.00
First Price:
€ 27.50
Leading Underwriter:
Hauck & Aufhäuser
Underwriter:

Sole Global Coordinator and Joint Bookrunner:
Hauck & Aufhäuser

Joint Bookrunner:
ABN AMRO

Placement Volume excl. Greenshoe:
€ 150,800,000.00
Placement Volume in Shares excl. Greenshoe:
5,800,000
Placement Volume incl. Greenshoe:
€ 162,806,124.00
Placement Volume of Executed Greenshoe:
€ 12,006,124.00
Placement Volume of New Shares:
2,400,000
Placement Volume of Existing Shares:
3,861,774
Greenshoe in Shares:
870,000
Greenshoe Executed in Shares:
461,774
Priority Allocation:

None

Allocation friends & family:
0.00 %
Capital Stock / Shares on First Quotation:
10,400,000
Total Market Cap on First Quotation:
€ 286,000,000.00
Market Cap (Free Float) on First Quotation:
€ 183,411,800.00
Free Float on First Quotation:
64.13 %
Change First Price compared to Issuing Price:
5.77 %
Further Information:

The Offering relates to the sale of up to 6,670,000 Offer Shares, each such Offer Share with a notional value of EUR 1.00 in the Company's share capital and with full dividend rights as of 1 January 2021, consisting of 2,400,000 New Shares; 2,400,000 Existing Shares in a Base Deal; 1,000,000 Existing Shares from an Upsize Option; and up to 870,000 from a possible Over-Allotment.

Number of Shares in Lockup Period

MonthsShares
64,138,226

Shareholder Structure on First Quotation

NameBefore IPOAfter IPO
Finatem III GmbH & Co. KG90.00 %32.28 %
HPH Beteiligungs-UG5.06 %1.82 %
M-H Herzog Beteiligungs-UG4.94 %1.77 %
Freefloat0.00 %64.13 %

Company Data