va-Q-tec AG successfully places CHF 25 million bond

• Net issue proceeds to be utilized to expand container and box fleets, among other investment purposes
• Placing completed early thanks to strong investor interest
• Coupon fixed at 3¾ % p.a.
• Provisional admission to SIX Swiss Exchange expected on 30 November 2020

Würzburg, 23 November 2020. va-Q-tec AG (ISIN DE0006636681 / WKN 663668), pioneer of highly efficient products and solutions in the area of thermal insulation (super thermal insulation) and temperature-controlled supply chains (TempChain logistics), reports the early and successful completion of its CHF bond placing, lead managed by Helvetische Bank AG, thanks to significant investor demand. The coupon of the 5-year bond was set at 3¾ % p.a., and the issue amount at CHF 25 million.

Helvetische Bank AG acted as lead manager and firm underwriter of the bond. An application is being made for admission of the bond to official listing on the SIX Swiss Exchange AG, with simultaneous inclusion in the bond segment of the SIX Swiss Exchange AG. Payment for the bond and its provisional admission to trading on the SIX Swiss Exchange AG will occur on 30 November 2020.

Stefan Döhmen, CFO of va-Q-tec AG, comments: "The interest of the pharmaceutical and biotech industry in va-Q-tec's transport solutions is particularly high in light of recent progress in the development of CoVid-19 vaccines. Many of the vaccines require constant temperatures during transport of up to -70 degrees Celsius. Our vacuum-insulated, innovative thermal containers are ideally suited for this application. By optimizing our existing financing and by raising additional funds - including for the expansion of our container and box fleets - we wish to harness this tailwind to our advantage and maintain our high growth rate."


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IR contact
va-Q-tec AG
Felix Rau
Tel.: +49 931 35942 - 2973
Email: [email protected]

cometis AG
Claudius Krause
Tel.: +49 611 - 20 585 5-28
Email: [email protected]

About va-Q-tec
va-Q-tec is a pioneer in highly efficient products and solutions in the area of thermal insulation (so-called "super thermal insulation") and TempChain logistics. The company develops, produces and markets highly efficient and consequently thin vacuum insulation panels (VIPs), as well as phase change materials (PCMs) for reliable and energy-efficient temperature controlling. Furthermore, va-Q-tec produces passive thermal packaging systems (containers and boxes) through optimally integrating VIPs and PCMs, which can maintain constant temperatures, depending on type, for up to 240 hours without external energy input. In order to implement temperature-sensitive logistics chains, va-Q-tec - within a global partner network - operates a fleet of rental containers and boxes meeting demanding thermal protection standards. Along with Healthcare & Logistics as the main market, va-Q-tec addresses the following further markets: Appliances & Food, Technics & Industry, Building, and Mobility. The high-growth company, which was founded in 2001, is based in Würzburg, Germany.

Further information: www.va-q-tec.com


Important notes
This announcement does not constitute an issuing prospectus in the meaning of Article 1156 or Article 652a of the Swiss Code of Obligations, nor a listing prospectus in the meaning of the listing rules of SIX Swiss Exchange. In particular, it does not contain an offer to buy or a solicitation to subscribe for bonds. The provisions applicable to the bonds and all significant information material in this context are governed exclusively by the German-language issuing and listing prospectus, and a decision to subscribe for and purchase bonds should be made only after a thorough study and on the basis of the issuing and listing prospectus.

This announcement constitutes neither an offer to sell nor a solicitation of an offer to buy securities. In relation to the securities described in this announcement, a public offer of securities for sale is not occurring in Germany or in any other member state of the European Economic Area or in the United Kingdom.

The securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933, and may not be offered or sold in the United States without registration, or an exemption from registration.