pta20190621026
Business news for the stock market

Frequentis AG: Over-allotment option (greenshoe) of the IPO mainly exploited

After the IPO on 14 May 2019, the free float is now around 22%.

Vienna, Austria (pta026/21.06.2019/20:43 UTC+2) The over-allotment (greenshoe) granted by Frequentis AG at its IPO in Vienna and Frankfurt from the portfolio of the majority shareholder and Chairman of the Supervisory Board Johannes Bardach was used to some 58%. A total of 2,873,975 shares (of which 173,975 shares from the over-allotment / greenshoe) were placed on the capital market at a price of EUR 18.00. The total placement volume amounted to EUR 51.7 million, of which EUR 21.6 million went directly to Frequentis as gross proceeds. The total number of shares after the IPO is unchanged at 13.2 million shares.

The shareholder structure of Frequentis AG is thus currently as follows: Core shareholder Johannes Bardach holds around 68% (around 8% directly and 60% indirectly through Frequentis Group Holding GmbH), B&C Innovation Investments GmbH holds 10% and around 22% are free float.

About Frequentis
The Austrian company Frequentis headquartered in Vienna is an international supplier of communication and information systems for control centres with safety-critical tasks. Such 'control centre solutions' are developed and marketed by Frequentis in the business sectors Air Traffic Management (civil and military air traffic control, air defence) and Public Safety & Transport (the police, fire brigade, ambulance services, shipping, railways). Frequentis operates a worldwide network of branches, subsidiaries and local representatives in more than 50 countries. Products and solutions from Frequentis can be found in over 25,000 operator working positions and in about 140 countries. Founded in 1947, Frequentis is, by its own estimation, the global market leader in voice communication systems for air traffic control with a market share of around 30%. Moreover, the Frequentis Group's systems are globally leading in AIM (aeronautical information management) and aeronautical message handling systems, as well as in GSM-R systems in the field of Public Transport.

Since 14 May 2019, the shares of Frequentis AG are traded in the General Standard on the Frankfurt Stock Exchange and on the prime market on the Vienna Stock Exchange under the ticker symbol FQT (ISIN: ATFREQUENT09).

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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