SMG Holding S.à.r.l.
25.07.2024 - 12:12:43BigRep plans to go public on July 31, 2024 - SMG Holding as IPO sponsor
Issuer: SMG Holding S.à.r.l. / Key word(s): IPO 25.07.2024 / 12:12 CET/CEST The issuer is solely responsible for the content of this announcement. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, CANADA, AUSTRALIA, SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS PUBLICATION. Luxemburg/Berlin, July 25, 2024 – SMG Holding, an IPO sponsor and investor focused on European SMEs, plans to list BigRep on the stock exchange through a business combination between acquisition vehicle SMG Technology Acceleration SE and BigRep GmbH. BigRep is a leading global provider of large-format industrial 3D printers. The initial listing of the combined company on the regulated market of the Frankfurt Stock Exchange (General Standard) is scheduled to take place on July 31, 2024. The Annual General Meeting of the already listed SMG Technology Acceleration SE, which was founded indirectly by SMG Holding, today approved the business combination with BigRep GmbH with more than 99%. In this context, the acquisition of all shares in BigRep GmbH and the issue of new shares in SMG Technology Acceleration SE to the existing shareholders of BigRep GmbH were resolved. In addition, SMG Technology Acceleration SE will be renamed BigRep SE. Dr. Sven Thate and Dr. Reinhard Festag, the managing directors of BigRep GmbH, will head BigRep SE in the future as CEO and CFO respectively. At listing, the share capital of the future BigRep SE will consist of a total of around 14.5 million listed shares. The company's market capitalization is expected to amount to around EUR 145 million. Following the successful listing, BigRep SE has access to funds of around EUR 16 million after deduction of transaction costs, which can be used to finance growth investments and strategic acquisitions, for example. The first step in the buy-and-build strategy is the acquisition of the Austrian company HAGE3D GmbH, an innovative manufacturer of high-temperature 3D printers, by BigRep GmbH. This enables BigRep to further expand its market position in industrial 3D printing and complement its product range. In addition to low-temperature 3D printing products, the company now also offers high-temperature 3D printing products. Dr. Stefan Petrikovics, CEO of SMG Holding, comments: “The upcoming listing of the combined company is a significant milestone that will enable BigRep to further strengthen its position as a leading provider in the field of industrial 3D printing technology. As IPO sponsor, we firmly believe that the listing on the regulated market of the Frankfurt Stock Exchange will be a key enabler of BigRep's growth strategy. BigRep will be able to significantly expand its innovative strength and market presence. Our approach at SMG provides companies with stable access to the capital market and promotes partnership-based equity financing geared towards sustainable growth.“ Following the listing, the shares of BigRep SE will be traded on the regulated market (General Standard) of the Frankfurt Stock Exchange under the ticker symbol B1GR. The securities identification number (WKN) is A40H84 and the international securities identification number (ISIN) is LU2859870326. About SMG Holding SMG Holding is an IPO sponsor and investor specializing in the European mid-market. SMG Holding builds successful partnerships between investors, entrepreneurs and industry leaders. The aim is to offer growth companies simple and predictable access to the capital market. The SMG Holding team has experience from over 50 transactions with a volume of more than 22 billion euros. You can find further information at: https://smg-holding.com. Press contact Kirchhoff Consult GmbH Daniel Börsch Email: smg@kirchhoff.de Phone: +49 40 60 91 86 18 Important notice This publication constitutes neither an offer to sell nor a solicitation to buy securities. There will be no public offer. This publication may not be published, distributed or transmitted in the United States, the United Kingdom, Canada, Australia, South Africa or Japan. This publication does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the “Securities”) of SMG Technology Acceleration SE (to be renamed: BigRep SE) (the“Company”) in the United States, the United Kingdom, Australia, Canada, South Africa, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). There will be no public offering of the Securities in the United States. The Securities of the Company have not been, and will not be, registered under the Securities Act. The Securities referred to herein may not be offered or sold in the United Kingdom, Australia, South Africa, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of the United Kingdom, Australia, South Africa, Canada or Japan subject to certain exceptions. This publication constitutes neither an offer to sell nor a solicitation to buy securities. There will be no public offer. No action has been taken that would permit an offering or an acquisition of the securities or a distribution of this announcement in any jurisdiction where such action would be unlawful. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions. This release may contain forward looking statements, estimates, opinions and projections with respect to anticipated future performance of the Company and its subsidiaries (“forward-looking statements”). These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes,” “estimates,” “anticipates,” “expects,” “intends,” “may,” “will” or “should” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. Forward-looking statements are based on the current views, expectations and assumptions of the management of the Company and involve significant known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such results will be achieved. Any forward-looking statements included herein only speak as at the date of this release. The Company undertakes no obligation, and does not expect to publicly update, or publicly revise, any of the information, forward-looking statements or the conclusions contained herein or to reflect new events or circumstances or to correct any inaccuracies which may become apparent subsequent to the date hereof, whether as a result of new information, future events or otherwise. The Company accepts no liability whatsoever in respect of the achievement of such forward-looking statements and assumptions. Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | SMG Holding S.à.r.l. |
9, rue de Bitbourg | |
1273 Luxembourg | |
Luxemburg | |
EQS News ID: | 1954269 |
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