DEUTZ AG Announces 10% Capital Increase Against Cash Contributions

Cologne, July 2, 2024 – DEUTZ AG has resolved to carry out a 10% capital increase against cash contributions. This decision, approved by the Supervisory Board, excludes pre-emption rights. The share capital will rise to up to 138,761,914 no-par-value shares through the issue of up to 12,614,719 new shares.

The new shares, offering full dividend rights from January 1, 2024, will be placed exclusively with institutional investors via an accelerated bookbuilding process. Admission to trading on the Frankfurt Stock Exchange and Duesseldorf Stock Exchange is expected by July 8, 2024. Delivery of the new shares is also anticipated on the same day.

DEUTZ aims to use the proceeds to enhance financial flexibility for future acquisitions, aligning with its Dual+ strategy focused on portfolio growth and resilience. The company has committed to a six-month lock-up period, refraining from issuing further shares during this time.

Commerzbank and M.M.Warburg & CO will act as Joint Global Coordinators & Joint Bookrunners.