Delticom AG: Capital increase without subscription rights successfully placed, high investor interest in the capital increase with subscription rights in the context of the pre-placement

Hanover, June 02, 2021 - Yesterday, Delticom AG announced the successful placement of a significantly oversubscribed capital increase without subscription rights. The short-term issue of 1,246,333 new no-par value registered shares at a placement price of EUR 7.12 is expected to generate gross issue proceeds before costs and commissions of around EUR 8.9 million.

With regard to the announced capital increase with subscription rights, the preliminary placement with qualified investors has shown investor interest in excess of the possible issue volume of up to 1,121,697 new no-par value registered shares. Rights of clawback in the allocation ensure that new shares for which subscription rights are exercised are nevertheless available for subscription by existing shareholders of the Company. The existing shareholders of the Company will be granted the statutory subscription rights to the new shares in the form of medium-term subscription rights. The subscription period is expected to begin on June 4, 2021 and to end on June 18, 2021 (both inclusive).

The gross issue proceeds from the capital increase with subscription rights are expected to amount to approximately EUR 8.0 million before commissions and costs. Assuming a successful implementation, Delticom AG will generate gross issue proceeds from both transactions totalling approximately EUR 16.9 million.

Both capital increases are accompanied by Bankhaus Metzler.

The transaction represents another important step in the restructuring process. It strengthens the company's equity, enables the repayment of loans and creates new financing and growth scope for the future. Thomas Loock, CFO of Delticom AG, is pleased with the successful placement and the high level of investor interest: "The capital increase is another important milestone in returning Delticom to a sustainably profitable growth path. We are pleased with the high level of investor interest and the successful cooperation with Bankhaus Metzler. We in the Delticom management team see the strong demand for the new shares as a clear confirmation by the capital market that we have taken the right measures for a successful turnaround of the company since the end of 2019."

About Delticom:

With the brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels.

The product portfolio for private and business customers comprises an unparalleled range of more than 600 brands and around 18,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 410 online shops and online distribution platforms in 74 countries, serving more than 15.9 million customers.

As part of the service, the ordered products can be sent to one of Delticom's approximately 38,000 workshop partners worldwide for mounting at the customer's request.

Based in Hanover, Germany, the company operates primarily in Europe and the USA and has extensive expertise in the development and operation of online shops, internet customer acquisition, internet marketing and the establishment of partner networks.

Since its foundation in 1999, Delticom has built up comprehensive expertise in designing efficient and fully integrated ordering and logistics processes. The company's own warehouses are among its most important assets.

In fiscal year 2020, Delticom AG generated revenues of around 541 million euros. At the end of last year, the company employed 177 people.

The shares of Delticom AG have been listed in the Prime Standard of the German Stock Exchange since October 2006 (ISIN DE0005146807).

On the internet at: www.delti.com


Contact:

Delticom AG Investor Relations
Melanie Becker
Brühlstraße 11
30169 Hannover
Phone: +49 (0)511-93634-8903
Fax: +49 (0)511-8798-9138
E-Mail: melanie.becker@delti.com