Electrovac AG Announces Greenshoe Option Exercise and Stabilization Completion

On June 1, 2026, BankM AG, acting as the Stabilization Manager, announced the partial exercise of the greenshoe option for electrovac AG. The option involved 456,154 ordinary bearer shares at EUR 7.80 each. The stabilization, which started on April 30, 2026, concluded on May 5, 2026. The process, executed by JFD Bank AG, aimed to stabilize electrovac's stock after their initial offer. Trading was conducted on XETR, with volumes on April 30 and May 5 being 115,000 and 4,846 shares respectively.

This action followed electrovac's offering of 3,840,000 shares without a par value, represented by ISIN DE000A420ZL4. BankM AG clarified that the shares are not available for distribution within jurisdictions like the United States where such transactions would be unlawful. The announcement emphasized that it is for informational purposes and not a recommendation for acquisition in any jurisdiction.