_ Capital increase of 10% of share capital against cash contribution successfully placed with institutional investors
_ Issue raises gross proceeds of EUR 10.8 million
_ Support in transaction by major shareholder PartnerFonds

Munich, 13 August 2021 Yesterday, the Management Board of Blue Cap AG (“Blue Cap”, ISIN: DE000A0JM2M1), with the consent of the Supervisory Board, resolved to carry out a capital increase of 10% of the share capital against a cash contribution, making partial use of the Authorised Capital 2018/I and excluding shareholders’ subscription rights.

The capital increase was successfully executed yesterday evening. The shares were offered to institutional investors as part of a private placement. 399,662 new no-par-value shares were issued at a price of EUR 27.02 per share, each representing EUR 1.00 of the share capital. The price corresponds to the volume-weighted average prices of the Blue Cap share on the Frankfurt Stock Exchange (Xetra) over the last five trading days. This increases the company’s share capital by EUR 399,662.00 from EUR 3,996,628.00 to EUR 4,396,290.00. The new shares are to be included for trading in the OTC market of the Frankfurt Stock Exchange (Scale) and the Munich Stock Exchange (m:access).

Subject to the registration of the capital increase in the commercial register, the gross issue proceeds before commission and costs amount to EUR 10.8 million. The funds are to be used partly to refinance the acquisition of HY-LINE Verwaltungs GmbH, which was announced last week, with the remainder intended to finance the further growth of the Blue Cap Group. The transaction will also lead to an increase in shares in free float, with the goal of increasing the trading liquidity and attractiveness of Blue Cap’s shares.

PartnerFonds AG i.l. (“PartnerFonds”), major shareholder of Blue Cap with around 45% of shares prior to the capital increase, supports the issue of shares. The company informed Blue Cap that, despite the agreed liquidation of PartnerFonds, it does not intend to sell any Blue Cap shares via the stock exchange, but rather intends to sell the shares over the counter in a manner that protects the share price as far as possible. PartnerFonds also confirmed that the disposal of the shares is planned from January 2022 at the earliest due to the one-year blocked period.