Mutares SE & Co. KGaA $MUX (+1,62%) announces that in the course of the placement of shares in Steyr Motors AG announced yesterday $4X0 (+2%) a total of 910,000 shares were placed with qualified investors at a placement price of EUR 34.00 per Steyr share.
The gross issue proceeds for Mutares from the reduction of its stake in Steyr since March 18, 2025, including the placement, amount to approximately EUR 74 million to date.
Following completion of the placement, Mutares will still hold approximately 40% of the shares in Steyr and will be subject to a lock-up obligation of 180 days with customary market exceptions.
Hauck Aufhäuser Investment Banking acted as Sole Global Coordinator and Sole Bookrunner for the placement.
