DGAP-News: EXASOL AG / Key word(s): Capital Increase/Capital Increase

03.12.2020 / 09:46
The issuer is solely responsible for the content of this announcement.


  • Complete placement of 2.2m shares or 10 percent of the share capital
  • Gross proceeds of EUR 43.3m

Nuremberg, Germany, 3 December 2020 - Exasol AG (ISIN DE000A0LR9G9; www.exasol.com), a global technology company providing a high-performance analytics database, announces that a capital increase of 10 percent of the share capital has been fully placed with institutional investors in an accelerated bookbuilding process completed yesterday.

The Capital Increase was oversubscribed by almost three times which enabled the bookbuilding to close after only a few hours.

All New Shares were allocated at a placement price of EUR 19.50 per share in a private placement. The transaction generated gross issue proceeds of EUR 43.3m

Aaron Auld, CEO of Exasol, said, "We are very pleased with the successful placement of all offered shares. The high demand we saw from investors is strong proof of the capital market's confidence in Exasol and in this particular transaction. The capital increase we've completed today will enable us to further strengthen our competitiveness, to continue to invest in our brand and employees, and to build new customer relations faster."

The New Shares will carry the same rights as the existing shares (including dividend rights for the fiscal year 2020) and are to be included in trading on the European SME Growth Market "Scale" of the Frankfurt Stock Exchange without a prospectus. The inclusion in trading and delivery of the new shares is expected to take place on or around 8 December 2020.

The Company intends to use the net proceeds from the Capital Increase to visibly strengthen the balance sheet to underline its robust growth strategy and to accelerate international growth through key hires.

Hauck & Aufhäuser acted as Sole Global Coordinator and Sole Bookrunner in the Capital Increase.

Exasol Press contact
Carla Gutierrez, Head of Global Communications
Email: Carla.gutierrez@exasol.com

Exasol Investor Relations contact
Jochen Reichert
+49 911 23991 454

About Exasol
The Exasol high-performance analytics database is built to run faster than any other database, delivering next-level performance, scale and ease of use. Analyze billions of rows in seconds; run high-performance analytics securely in the cloud or on-premise; deliver frictionless analytics with self-indexing that automatically tunes performance; and scale out analytics for one transparent price. To learn more, please visit: www.exasol.com

03.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: EXASOL AG
Neumeyerstraße 22-26
90411 Nuremberg
Internet: www.exasol.com
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1152501

End of News DGAP News Service

1152501  03.12.2020