EQS-Adhoc: ASTA ENERGY SOLUTIONS AG SETS FINAL OFFER PRICE FOR IPO AT EUR 29.50

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ASTA ENERGY SOLUTIONS AG SETS FINAL OFFER PRICE FOR IPO AT EUR 29.50

Oed (Austria), 29^th January 2026 – ASTA Energy Solutions AG (the “Company” or “ASTA”), a global, vertically integrated producer of high-quality copper-based solutions, which are embedded in the heart of modern energy systems, powering mid- to high-voltage transformers, industrial generators, and the expanding network of data centres, has set the final offer price for its initial public offering (the “Offering”) at EUR 29.50 per share.

In total, c. 6.45 million shares were placed as part of the Offering. Thereof (a) c. 4.24 million new shares from a capital increase (“New Shares”), (b) c. 1.37 million secondary shares from the holdings of ETV Montana Tech Holding GmbH and Makra GmbH, and (c) c. 0.84 million existing shares from the holdings of ETV Montana Tech Holding GmbH to cover over-allotments (Greenshoe option). The total placement volume amounts to c. EUR 190 million, assuming full exercise of the Greenshoe option.

The Company achieved gross primary proceeds from the sale of the New Shares of c. EUR 125 million to further accelerate the Company's profitable growth path worldwide. Based on the final offer price, the Company’s market capitalisation will amount to approximately EUR 420 million. The free float of the Company will amount to c. 39%, assuming full exercise of the Greenshoe option [1]. As of closing of the Offering, ETV Montana Tech Holding GmbH and Makra GmbH, both entities controlled by DDr. Michael Tojner, will jointly retain the majority shareholding with a combined stake of c. 54.7% (assuming full exercise of the Greenshoe option).

On the basis of guaranteed allocations in exchange for their pre-commitments, an aggregate amount of c. EUR 55 million was allocated to the Cornerstone Investors Siemens Energy (c. EUR 25 million), funds managed by the Environmental Strategies Group at BNP Paribas Asset Management (c. EUR 10 million), Invesco Asset Management Limited, on behalf of certain collective investment funds and/or accounts (c. EUR 10 million), and WCM Investment Management, LLC, directly or indirectly through a wholly-owned subsidiary, through funds managed by WCM Investment Management, LLC, or through custody accounts for clients managed by WCM Investment Management, LLC (c. EUR 10 million).

The allocation for retail investors that placed orders with syndicate banks is approximately 1.2% of the total placement volume of, in aggregate, 6,452,981 shares (including 841,693 shares in connection with over-allotments). The allocation for all orders placed by retail investors with syndicate banks and their affiliated institutions is as follows: Despite the high level of demand, retail investors received an allocation of 25 shares per order submitted, thereby exceeding the average allocation ratio. The “Principles for the allocation of shares to retail investors” issued by the German Ministry of Finance’s Stock Exchange Experts were followed and the allocation to retail investors in connection with the Offering follows the same criteria for all syndicate banks and their affiliated institutions.

Trading of the Company's shares on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is expected to commence on 30^th January 2026 under the trading symbol “1AST” and the ISIN AT100ASTA001.

In connection with the Offering, Berenberg acted as sole global coordinator and, together with COMMERZBANK (in cooperation with ODDO BHF) and Raiffeisen Bank International, as joint bookrunners and underwriters. In addition, Baader Bank acted as co-lead manager without an underwriting role.

^[1] Siemens Energy stake through pre-committed purchase of shares worth c. EUR 25 million excluded for the purpose of free float calculation.
 

INVESTOR RELATIONS CONTACT:
Phone: +43 664 8080 5500
Email: ir@astagroup.com

PRESS CONTACT:
Mag. Jürgen Beilein
Phone: +43 664 831 2 841
Email: juergen.beilein@astagroup.com

ABOUT ASTA GROUP

Since its foundation in 1814, the ASTA Group, headquartered in Oed, Austria, has evolved into a globally operating company. ASTA manufactures tailor-made copper solutions for high-performance power transmission, generation, and e-mobility applications. With more than 210 years of manufacturing experience, ASTA is a trusted partner to market-leading industrial engineering companies such as Siemens Energy, Hitachi Energy, GE Vernova and Andritz. ASTA operates six sites across Austria, Bosnia and Herzegovina, Brazil (two sites), China and India, and employs approximately 1,400 people.

DISCLAIMER

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities. The securities have already been sold.

In particular, this announcement is not and does not form a part of any offer or solicitation to buy or subscribe for securities in the United States of America, Australia, Canada, Japan or in any jurisdiction in which such offer or solicitation is unlawful or not authorized or to any person to whom it is unlawful to make such offer or solicitation. 

The securities to which this announcement relates have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States of America, and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or otherwise transferred, directly or indirectly, in or into the United States of America absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, in each case in compliance with any applicable securities laws of any state or other jurisdiction of the United States of America. There will be no public offer of the securities in the United States of America.

In member states of the European Economic Area (other than Germany and Austria), this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Regulation (EU) 2017/1129, as amended.

This communication is not being distributed to, and must not be passed on to, the general public in the United Kingdom. In the United Kingdom, this announcement is only addressed to and directed at persons who are “qualified investors” as defined under paragraph 15 of Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 and who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are high net worth entities falling within Article 49(2)(a) to (d) of the Order or (iii) are persons to whom this announcement may otherwise be lawfully communicated (all such persons being referred to as “relevant persons”). In the United Kingdom, this announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons and it should not be relied on by anyone other than a relevant person.

This announcement may contain forward-looking statements which reflect ASTA Energy Solutions AG’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” or the negative of these words and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties and other factors and that could cause the Company's or its industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Each of the Company, the selling shareholders and the banks do not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.

2268172  29-Jan-2026 CET/CEST