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Rosenbauer International AG: Robau majority stake strengthens Rosenbauer's further successful development

Leonding (pta025/05.08.2024/11:05 UTC+2)

  • Robau, in addition to the capital increase at Rosenbauer International AG, will buy additional shares from BVG to reach a 50.1% stake
  • Rosenbauer decides to exercise the Authorized Capital

The Executive Board of Rosenbauer International AG (RBI) welcomes the agreement between Robau Beteiligungsverwaltung (Robau) and Rosenbauer Beteiligungsverwaltung (BVG), announced on August 1. Accordingly, Robau, in addition to the capital increase of RBI, intends to indirectly purchase a 25.15% share package from BVG, thus achieving a controlling stake of 50.1%. BVG will remain a core shareholder with a 17.2% stake, while 32.7% will remain in free float. This will trigger a mandatory offer by Robau to acquire all shares of Rosenbauer.

"In the past two years, we have achieved a lot to make Rosenbauer profitable and more resilient again after massive supply chain disruptions and temporarily dramatic cost increases. The operational turnaround last year was an important initial partial success; the results in 2024 and 2025 will be even better," says Sebastian Wolf, CEO of Rosenbauer International AG. "I am pleased to welcome Robau, a long-term industrial investor, on board as Rosenbauer's new strong majority owner, and together we will expand our position as a profitable world market leader. With the proceeds from the capital increase, we will strengthen our equity base and lay the foundation for future growth opportunities."

Today, the Executive Board of RBI resolved to exercise the Authorized Capital, as decided at the Annual General Meeting on May 14, 2024, amounting to 50% of the existing share capital, thus 3,400,000 new bearer shares at an issue price of EUR 35 per share, excluding subscription rights. Only Robau will be permitted to subscribe to the capital increase. The resolution to exercise the Authorized Capital excluding subscription rights requires approval by the RBI Supervisory Board. All the aforementioned steps are still subject to the suspensive conditions of obtaining regulatory approvals, which are expected in the fourth quarter of 2024.

Robau Beteiligungsverwaltung is 67% owned by PiMa Beteiligungsverwaltung, managed by Stefan Pierer and Mark Mateschitz; the remaining shares are held by Raiffeisen Beteiligungsholding (20%) and Invest Unternehmensbeteiligungen (13%).

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Emitter: Rosenbauer International AG
Paschinger Straße 90
4060 Leonding
Austria
Contact Person: Mag. Tiemon Kiesenhofer
Phone: +43 664 80 679 6538
E-Mail: ir@rosenbauer.com
Website: www.rosenbauer.com/
ISIN(s): AT0000922554 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade); Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
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