va-Q-tec AG sets IPO price at EUR 12.30 per share

• Total offer volume of EUR 82.9 million
• Gross primary proceeds of EUR 46.1 million
• Free-float at 51.5% assuming full exercise of the Greenshoe Option
• Trading to begin on 30 September 2016 in the Prime Standard of the Frankfurt Stock Exchange

Würzburg, 29 September 2016. va-Q-tec AG (or the „Company“) and Berenberg as Sole Global Coordinator of the Initial Public Offering („IPO“ or „Offering“), have set the final offer price for va-Q-tec AG shares at EUR 12.30 per share.

A total of 6,738,656 shares were allotted to new investors in the context of the Offering. Thereof 3,750,000 newly issued shares („New Shares“) result from a capital increase, corresponding to EUR 46.1 million gross proceeds for the Company. In addition, 2,109,702 secondary shares („Sale Shares“) were placed from the holdings of several current shareholders, and additional 878,954 shares were used to cover over-allotments („Over-Allotment-Shares“).

The total offer volume, including over-allotments, amounts to EUR 82.9 million and equates to a market capitalization of EUR 161.0 million for va-Q-tec AG.

As a result of the implementation of the IPO capital increase, the total share capital of
va-Q-tec AG amounts to 13,089,502 shares. The free float will amount to 44.8% of the shares without exercise of the Greenshoe Option and 51.5% if the Greenshoe Option is exercised in full.

„We have received great feedback from the investors during the roadshow. By investing into our Company, they placed great trust in our growth strategy going forward. The proceeds from the IPO give us the financial flexibility to expand our technology leadership and grow faster than our underlying markets – especially in the Healthcare & Logistics environment“, said Dr Joachim Kuhn, CEO of va-Q-tec AG.

The va-Q-tec shares will be traded on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange under the ticker symbol „VQT“, the ISIN DE0006636681 and the German securities identification number (WKN) 663668 from 30 September 2016.

Berenberg is acting as Sole Global Coordinator and Joint Bookrunner to the transaction, with MainFirst Bank as Joint Bookrunner and equinet Bank as Co-Lead Manager.

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Contact
Ursula Querette
Instinctif Partners
Telephone: +49 89 3090 5189-22
eMail: ursula.querette@instinctif.com

About va-Q-tec
va-Q-tec is a leading provider of high performance products and solutions in the field of thermal insulation. The Company develops, manufactures and sells innovative, vacuum insulation panels („VIPs“) and phase change materials („PCMs“) for reliable and energy efficient temperature control and insulation. Furthermore, by optimally integrating VIPs and PCMs, va-Q-tec manufactures passive thermal packaging solutions (containers and boxes), which offer constant temperature conditions between 24 and over 200 hours without using external energy sources. Within its rental services business, the company has built a global partner network to provide for an extensive fleet of containers and boxes fulfilling highly demanding thermal protection standards in temperature sensitive supply chains. Besides Healthcare & Logistics as main market, va-Q-tec addresses additional markets such as Appliances & Food, Technics & Industry, Building and Mobility. The strongly growing Company was founded in 2001, and has its headquarters in Würzburg. More information on va-Q-tec under www.va-q-tec.com.

Disclaimer
This communication constitutes neither an offer to sell nor a solicitation to buy securities. The public offering (in Germany and Luxemburg) was made solely by means of, and on the basis of, a published securities prospectus. An investment decision regarding the publicly offered securities of va-Q-tec AG should only be made on the basis of the securities prospectus. The securities prospectus is available free of charge from va-Q-tec AG, Karl-Ferdinand-Braun-Str. 7, D-97080 Würzburg, Germany as well as on https://ir.va-q-tec.com.

This communication is not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan. This communication does not constitute or form part of an offer of securities for sale or solicitation of an offer to purchase securities in the United States, Canada, Australia, Japan, or in any other jurisdiction in which such offer may be restricted. The securities referred to in this communication have not been, and will not be, registered under the US Securities Act of 1933, as amended (the „Securities Act“), and may not be offered or sold in the United States There will be no public offering of securities in the United States or anywhere else, except for Germany and Luxemburg.

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