DBT : Partial exercise of the over-allotment option for the initial public offering of DBT on completion of the stabilization operations

information fournie par Actusnews •01/02/2016 à 11:15

• FINAL AMOUNT OF THE CAPITAL INCREASE: €9.2 MILLION
• MARKET CAPITALIZATION: €26.7 MILLION[1]
• IMPLEMENTATION OF A LIQUIDITY CONTRACT WITH BROKERAGE FIRM, PORTZAMPARC

DBT (ISIN Code: FR0013066750 – Ticker: ALDBT), the European leader in high-speed charging stations for electric vehicles[2], has announced the partial exercise by brokerage firm Portzamparc of the over-allotment option tied to its initial public offering on Alternext of NYSE-Euronext in Paris. Resulting in the issue of 115,226 additional new shares at the unit offer price of €6.46, proceeds for the operation amounted to approximately €744,360.

Accordingly, the final amount of the capital increase is €9.2 million[3], corresponding to the issue of 115,226 new shares. Now that these operations are complete, DBT's share capital is made up of 4,127,323 shares with a market capitalization of €26.7 million ¹ .

Furthermore, in accordance with Article 631-10 of the General Regulation of the French Financial Markets Authority (AMF), Portzamparc, in its capacity as stabilizing agent, has indicated that:

• it has performed stabilization operations on DBT shares (ISIN Code: FR0013066750);
• stabilization began on 23 December 2015;
• the final stabilization operation was carried out on 22 January 2016;
• the stabilization operations occurred under the following conditions:

DBT has also announced that it has mandated Portzamparc with the implementation of a liquidity contract for DBT shares admitted for trading on Alternext Paris that complies with the code of ethics drawn up by the French Financial Markets Association (AMAFI) and approved by the AMF on 21 March 2011. With effect from 28 January 2016, the contract is valid for a period of one year and renewable by tacit agreement. For the purposes of the liquidity contract, the sum of €150,000 and 0 DBT shares were allocated to the liquidity account.

BREAKDOWN IN CAPITAL FOLLOWING THE EXERCISE OF THE OVER-ALLOTMENT OPTION

(1) Family holding company held jointly by Mr. Hervé BORGOLTZ (50.0005%) and his wife, Mrs. France BORGOLTZ (49.9994%).

(2) Nord Capital, a management company which is 66%-owned by Turenne Capital (a management company owned by its directors) and 34%-owned by Nord Capital Investissement (controlled by Crédit Agricole Nord de France).

ABOUT DBT

Set up in 1990, DBT is an industry reference in professional electrical equipment (access control bollards, power distribution units, current transformers) and the European leader in high-speed charging stations for electric vehicles.

The Group designs, manufactures and sells one of the most high-performance and comprehensive ranges of charging stations on the market, with standard (3-8 hours), semi-fast (1-3 hours) fast-charging (20-30 minutes) terminals that are adapted to all types of uses and needs. With a fleet of over 16,500 charging stations, including 1,553 high-speed stations, DBT serves more than 450 active clients from Auchan to Autogrill, BP, EDF, Eurotunnel, Ikea, Kiwi, McDonald's, Nissan, Sodetrel, and the Bordeaux, Paris and Neuilly-sur-Seine town councils, etc.

Awarded the label of "Innovative Company" by Bpifrance, DBT posted turnover of €17.2 million in 2014/15. Based in Douai, the Group employs 62 members of staff.

For more information, go to www.dbt-bourse.com

PROSPECTUS
Copies of the prospectus approved under number 15-615 by the French Financial Markets Authority, the AMF, on 4 December 2015, including the base document ("Document de base") registered under number l.15-083 on 27 November 2015 and the securities note ("Note d'opération”) with the summary of the prospectus, are available free of charge and on simple request from the company website (www.dbt-bourse.com) and the website of the AMF (www.amf-france.org).

RISK FACTORS
The investor's attention is drawn to the risks described in Chapter 4 "Risk Factors" of the base document registered under number l.15-083 on 27 November 2015; notably the industrial risks, with the Group developing a programme to reduce its dependency on a single critical provider, the commercial risks, and the liquidity risk insofar as the planned increase in capital resulting from the initial public offering is essential in order to cover the company's financing needs. Their attention is also drawn to Chapter 2 "Risk factors associated with the offering" of the securities note approved by the AMF under number 15-615 on 4 December 2015.

NOTICE

This press release and the information in it do not constitute an offer to buy or subscribe, or an encouragement to buy or subscribe, to shares in DBT (the “Shares”) in any country. No offer of shares can be made now or in the future without prior approval by the French Financial Markets Authority ( Autorité des Marchés Financiers or "AMF") of a prospectus that consists of the Reference Document ( document de base ) which is the subject of this communication and a Securities Note ( note d'opération ) subsequently submitted to the AMF.

This communication does not constitute and may not be regarded as constituting a public offering, offer to buy, or offer to invest, or intended to solicit public interest with a view to a public offering.

This communication is promotional in nature and does not constitute a prospectus in the sense of Directive 2003/71/EC of the European Parliament and Council of 4 November 2003, as amended, in particular by Directive 2010/73/EU of the European Parliament and Council of 24 November 2010, as amended and as transposed in each Member State of the European Economic Area (the “Prospectus Directive”).

With respect to the Member States of the European Economic Area other than France and Belgium (the “Member States”) that have transposed the Prospectus Directive, no action has been taken or will be taken to permit a public offering of shares that would require the publication of a prospectus in any of the Member States. Consequently, the Shares may be offered in the Member States only to (a) legal entities who are qualified investors as defined in the Prospectus Directive or (b) in other cases not requiring DBT to publish a prospectus under Article 3(2) of the Prospectus Directive.

This communication is not being distributed, nor its distribution approved, by an authorised person (“authorised person”) in the sense of Article 21(1) of the Financial Services and Markets Act 2000. Consequently, this communication is addressed to and intended only for (i) persons outside the United Kingdom, (ii) investment professionals in the sense of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, (iii) persons referred to in Article 49(2) (a) to (d) (large-cap companies, unregistered associations, etc.) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, or (iv) any other person to whom this communication may legally be addressed (the persons mentioned in paragraphs (i), (ii), (iii) and (iv) being together designated as "Qualified Persons"). The shares are intended only for Qualified Persons and any invitation, offer or agreement relating to the subscription, purchase or acquisition of shares may be addressed to or concluded with Qualified Persons only. Any person other than a Qualified Person should not use or rely on this communication and the information in it. This communication does not constitute a prospectus approved by the Financial Services Authority or by any other regulating authority in the United Kingdom in the sense of Section 85 of the Financial Services and Markets Act 2000.

This communication does not constitute an offer of tradable securities or an encouragement to purchase or invest in tradable securities in the United States of America. The securities that are the subject of this communication have not been and will not be registered in the sense of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold in the United States without being registered, unless exempt from the registration obligation, pursuant to the U.S. Securities Act. The Shares have not been and will not be registered under the U.S. 1933 Securities Act and DBT has no intention of making any public offering of its shares in the United States.

^[1] Based on the offer price.

^[2] All figures given for DBT's market and positioning are obtained from the Navigant Research report on Electric Vehicle Charging Services published in Q1 2015.

[3] Issue premium included.