Offering of Shares
HWA AG is carrying out a rights offering from authorized capital as well as issuing a mandatory convertible bond (“WSV 2024/2026”). Please refer to the respective offering circulars for details on both transactions.
Rights Offering:
The offering is being conducted without a prospectus in accordance with Section 3(2) of the German Securities Offering Act (WpPG). Holders of subscription rights are advised to carefully read the company’s securities information sheet, available via the link below, in accordance with Section 4 of the WpPG before deciding whether to exercise their subscription rights, and in particular to take into account the risks described in the “Risk Factors” section of the securities information sheet when making their decision. The Federal Financial Supervisory Authority (BaFin) has approved the publication of the Securities Information Sheet (WIB) for the subscription offer on November 20, 2024.
Mandatory Convertible Bond (“WSV 2024/2026”):
The subscription offer is made without a prospectus pursuant to Section 3(2) of the German Securities Offering Act (WpPG). Holders of subscription rights are advised to review the Company’s key information document, available via the link below, in accordance with Article 5(1) of Regulation (EU) No. 1286/ 2014 of the European Parliament and of the Council of November 26, 2014, on key information documents for packaged retail and insurance-based investment products (PRIIPs) dated November 20, 2024, and to take the risks described therein into account when making their decision.
Both subscription offers will be published in the Federal Gazette as of November 21, 2024.