| The Board of Directors of Pepco Group N.V. (the "Company", the “Issuer”) announces information on the completed public offering (the "Offering") of 80,388,350 ordinary registered shares in the Company with a nominal value of EUR 0.01 each; in addition, the Selling Shareholders have granted Goldman Sachs Bank Europe an over-allotment option for 12,058,252 shares which, if exercised in full, will increase the total number of shares sold in the Offering to 92,446,602 shares (the "Offered Shares") (the “Over-Allotment Option”). All capitalised terms not defined in this current report have the meanings ascribed thereto in the prospectus of the Company approved by the Netherlands Financial Markets Authority (the "AFM") on 5 May 2021 (the "Prospectus"). 1. Date of commencement and completion of the subscription or sale Date of commencement and end of acceptance of subscriptions under the sale for Retail Investors: 6 May - 13 May 2021. Date of commencement and end of acceptance of subscriptions under the sale for Institutional Investors: 14 May - 18 May 2021. 2. Date of allotment of securities 20 May 2021. 3. Number of securities included in the subscription or sale 80,388,350 shares (and 12,058,252 shares under the Over-Allotment Option), a total of 92,446,602 Offered Shares. 4. Reduction rate The reduction rate for the subscription orders placed by Retail Investors was 87,99%. 5. Number of securities subscribed for in the subscription or sale A total of 110,767,498 Offered Shares were subscribed in the Offering, with Retail Investors subscribing for 20,820,896 Offered Shares and Institutional Investors subscribing for 89,946,602 Offered Shares. 6. Number of securities allotted in the subscription or sale In connection with the Offering, the Issuer allotted 92,446,602 Offered Shares, as follows: (i) 2,500,000 Offered Shares were allocated to Retail Investors; and (ii) 89,946,602 Offered Shares (including Over-Allotment Option) were allocated to Institutional Investors. 7. Price at which the securities were taken up (purchased) The Offered Shares were acquired at a price of PLN 40 per Offered Share. 8. Number of persons who have subscribed for the securities in subscription or sale Subscriptions for the Offered Shares were submitted by approximately 11,000 Retail Investors and 95 Institutional Investors. 9. Number of persons to whom the securities were allotted in subscription or sale In connection with the Offering, the Issuer allotted the Offered Shares to approximately 10,000 Retail Investors and 95 Institutional Investors. 10. The names of the underwriters who subscribed for securities in performance of the underwriting agreements, with an indication of the number of securities they subscribed for, together with the actual price per unit of the security, being the issue or sale price, after deducting the consideration for subscribing for a unit of the security, in performance of the underwriting agreement, purchased by the relevant underwriter The underwriters did not acquire any shares in the Issuer in performance of the Underwriting Agreement. 11. The value of subscription or sale The value of the sale of the Offered Shares, understood as the product of the number of the Offered Shares covered by the offer and the sale price, was PLN 3,697,864,080. 12. The amount of the total costs included in the cost of the issuance As at the date of this report, the Issuer does not have information about the final settlement of the Offering costs. Information on such costs will be published in the form of a current report after receiving a breakdown and the approval of all such costs from all of the entities involved in the work on the preparation and completion of the Offering. 13. The average cost of conducting the subscription or sale per unit of the security covered by the subscription or sale As at the date of this report, the Issuer does not have information about the final settlement of the Offering costs and, consequently, the average sale cost per Offered Share is not known. Information on such costs will be published in the form of a current report after receiving a breakdown and the approval of all such costs from all of the entities involved in the work on the preparation and completion of the Offering. 14. Method of payment for taken up (purchased) securities The Offered Shares were paid for in cash. | |
