TELES AG: Admission of 1,001,210 shares

Berlin, April 04, 2024 - TELES AG (ISIN DE000A289B07 / WKN A289B0) has a share capital of EUR 6,233,418.00, divided into 6,233,418 no-par value bearer shares with a notional share of the share capital of EUR 1.00 per share. To date, 5,006,053 shares have been admitted to stock exchange trading. Some of the shares not yet admitted to trading have already been applied for for admission. A strategic anchor investor was won as part of the capital increase carried out in 2020 and 2021. For cost-related reasons, it was agreed with this anchor investor that the new shares would be admitted gradually and using an exemption from the prospectus. A lock-up agreement was concluded with the investor for this purpose. Currently, 1,227,365 shares are still subject to this lock-up agreement.

As part of this year's admission to the stock exchange, an admission of 1,001,210 shares is planned, which are part of the 2021 non-cash capital increase of a total of 1,863,792 shares but have not yet been admitted to trading on the stock exchange. The number of blocked shares is therefore reduced from 1,227,365 shares to 226,155 shares, which are to be admitted to trading on the stock exchange in February 2025. The blocked shares are listed in the different class ISIN DE000A3MQCU7.