BRAIN IPO: End of the stabilisation period and exercise of the Greenshoe Option

(PresseBox) ( Zwingenberg, )
B.R.A.I.N. Biotechnology Research And Information Network AG ("BRAIN AG"; ISIN DE0005203947 / WKN 520394) was informed by ODDO SEYDLER BANK AG that the stabilisation period in connection with the initial public offering ended yesterday, as planned. On the same day, ODDO SEYDLER exercised the Greenshoe Option in the amount of 108,054 shares, with the effect that all shares, which had been over-allotted at the IPO, are now fully placed. The over-allotment shares were provided from the holdings of MP Beteiligungs-GmbH by way of a share loan. With the exercise of the Greenshoe Option, the MP Beteiligungs-GmbH holdings of BRAIN shares decrease to 39.2%, resulting in a free float of currently 22.0%.

In connection with the BRAIN IPO, ODDO SEYDLER BANK AG was entitled, as stabilisation manager, to carry out measures to support the stock market price of BRAIN shares (stabilisation measures) until the thirtieth calendar day after the first day of trading of the shares, which was on February 9, 2016. Stabilisation measures were taken only to a small extent on February 9, 2016, the first day of the stabilisation period. They took place within a price range of 8.90 Euros and 9.00 Euros. The respective notice pursuant to article 9(3) of Commission Regulation (EC) No 2273/2003 of 22 December 2003 can be downloaded from the website of BRAIN AG at

"The outcome of the stabilisation period and the positive share price development since the start of trading show that our shares have been sustainably placed in the capital market. Also, this confirms the trust that our investors place in the long-term growth potential of BRAIN AG and the field of bioeconomy in general. Our IPO project is now successfully concluded with the exercise of the Greenshoe Option", says Dr Jürgen Eck, CEO of BRAIN AG. "This motivates us even more to take advantage of the tremendous potential of the bioeconomy while we continue to drive forward and expand our industrialisation strategy."

Disclaimer This publication does not constitute an offer to sell, or the solicitation of an offer to buy or subscribe for any securities. The public offer of shares of B.R.A.I.N. Biotechnology Research And Information Network AG is already concluded. This release is not for publication, release or distribution in the United States of America, Canada, Australia or Japan.

This press release contains forward-looking statements. These statements reflect the current views, expectations, and assumptions of the management of BRAIN AG and are based on information currently available to the management. Forwardlooking statements are not guarantees of future performance and involve 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. There are numerous factors which could influence the future performance by and future developments at BRAIN AG and the BRAIN group of companies. Such factors include, but are not limited to, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. BRAIN AG does not undertake any obligation to update or revise any forward-looking statements
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