Northern Data AG successfully places capital increase from authorized capital in full

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Frankfurt am Main – April 1, 2021 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), has successfully placed its capital increase of up to EUR 563,968.00 by issuing up to 563,968 new ordinary bearer shares against cash contributions, making partial use of the existing authorized capital and excluding shareholders’ subscription rights that was resolved upon yesterday. All 563,968 new shares, which corresponds to 3.55% of the existing share capital, were placed primarily with the strategic investor Block.one and other institutional investors at a price of EUR 107.63 per share. Thus, the share capital has been increased from EUR 15,879,707 to EUR 16,443,675. The gross proceeds from the Company’s capital increase amount to approximately EUR 60.7 million.

The net proceeds from the capital increase will be used to strengthen the balance sheet and expand the shareholder structure and will be used to accelerate the growth of the existing business activities as well as for general corporate purposes.

The new shares will be included without prospectus in the existing listing on the Open Market of the Munich Stock Exchange (m:access). The first day of trading for the new shares and the delivery of the new shares are expected to take place on April 7, 2021.

Hauck & Aufhäuser acted as sole bookrunner for the transaction.

Important Notice:
The new shares have not been, and will not be, registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release is not for distribution, directly or indirectly, in or into the United States, including its territories and possessions. This release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States.

Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.

Press Contact

Dr. Hans Joachim Dürr
Head of Corporate Communications

presse@northerndata.de
+49 69 34 87 52 89

Ir Contact

Jens-Philipp Briemle
Head of Investor Relations

jens-philipp.briemle@northerndata.de
+49 171 557 6989

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