Mutares Sells 910,000 Shares in Steyr Motors AG Private Placement

On April 11, 2025, Mutares SE & Co. KGaA announced the successful placement of 910,000 shares in Steyr Motors AG. The shares were sold to qualified investors at EUR 34.00 each. This private placement has generated gross proceeds of approximately EUR 74 million for Mutares since March 18, 2025. The company will retain a 40% share in Steyr following the transaction and will observe a 180-day lock-up period.

Hauck Aufhäuser Investment Banking was the Sole Global Coordinator and Bookrunner for the deal. The placement was directed at qualified investors in the European Economic Area and relevant persons in the UK, according to specific regulations. The announcement emphasized that it does not constitute an offer to sell or a solicitation to buy shares in any jurisdiction where such actions might be unlawful.