Altech Advanced Materials AG: Rights issue completed. Private placement of new shares still open until July 05, 2021

Heidelberg (pta038/29.06.2021/19:05 UTC+2) - Free float shareholders subscribed to a total of 518,844 shares in the capital increase

- Private placement at 1.00 euro per share for the remaining up to 5,933,786 shares

- Major shareholders guarantee minimum subscription amount for capital increase of 1.5 million euros

Free float shareholders of Altech Advanced Materials AG have subscribed for a total of 518,844 shares at EUR 1.00 per share in connection with their subscription rights and oversubscription. The subscription rate achieved so far is in line with the company's expectations based on the free float of 16.1%.

The unsubscribed shares will be offered in a private placement at EUR 1.00 per share until probably July 5, 2021. In total, the capital increase amounts to up to 6,452,630 shares.

The two major shareholders Deutsche Balaton AG and Altech Chemicals Limited, Australia, have undertaken to guarantee a total subscription volume for the capital increase of at least 1.5 million euros. In accordance with the contract, they have not yet participated in the capital increase under the right issue.

The transaction is being handled by mwb fairtrade Wertpapierhandelsbank AG.

The Management Board

Press contact
Ralf Droz, edicto GmbH
Tel: +49 (0) 69 905505-54
E-Mail: AltechAdvancedMaterials@edicto.de

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Emitter:	Altech Advanced Materials AG Ziegelhäuser Landstraße 3 69120 Heidelberg Germany
Contact Person:	Hansjörg Plaggemars
Phone:	+49 6221 64924-0
E-Mail:	info@altechadvancedmaterials.com
Website:	www.altechadvancedmaterials.com
ISIN(s):	DE000A2LQUJ6 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf