Share Information

Here you find all relevant information on the HENSOLDT share.

Share Price

Basic Data

The shares of HENSOLDT AG are listed in the Prime Standard (regulated market) of the Frankfurt Stock Exchange since September 25, 2020.

The Prime Standard is the segment of the German stock market with the highest transparency requirements, focusing on the interests of investors.

On this page we have compiled all the key data related to the HENSOLDT share.

Name HENSOLDT AG
Type of Share Ordinary bearer shares with no par value
Number of Shares Outstanding 105,000,000
Issue Price EUR 12 per share
September 25, 2020
Share Capital EUR 105,000,000,00
Joint Global Coordinators BofA Securities, J.P. Morgan, KKR Capital Markets, Deutsche Bank
Joint Bookrunners Citigroup, COMMERZBANK, UniCredit BANK AG, Credit Agricole CIB
Co-Manager Mizuho International plc
Designated Sponsor JP Morgan
ISIN
(International Securities Identification Number)
DE000HAG0005
WKN
(Security Identification Number)
HAG000
Ticker Symbol HAG
Stock Exchange Frankfurter Stock Exchange
Segment Prime Standard (regulated market)

Dividend

HENSOLDT intends to pay dividends beginning in the financial year 2021, i.e., for the financial year 2020. Subject to availability of distributable profit and distributable funds, the Company aims to distribute up to approximately 20% of Adjusted Net Income in the short term. For the financial year ending December 31, 2020, given the timing of the stock market listing, a pro rata distribution of one quarter of such amount is expected. In the medium term, the Company targets to distribute approximately 30% to 40% of its Adjusted Net Income per financial year.

The Company’s ability to pay dividends in the future will depend on its financial position, results of operations, capital requirements, investment alternatives, and other factors that the Management Board and Supervisory Board may deem relevant, and any proposals by the Management Board and Supervisory Board regarding dividend payments will be subject to the approval at a shareholders’ meeting.

IPO Story

IPO News

Here you find all relevant news on the planned IPO of HENSOLDT AG.

Basic Information

First Day of Trading  Planned for September 25, 2020 
Offer Period The offer period will start on September 16, 2020, and is expected to end on September 23, 2020 at 12:00 (CEST) for retail investors and at 14:00 (CEST) for institutional investors.
Price Range EUR 12 to EUR 16 per share
Targeted Proceeds for HENSOLDT AG HENSOLDT targets primary proceeds of approximately EUR 300 million from a capital increase.
Offer Conditions The offer consists of 45,808,333 bearer shares (Inhaberaktien) with no par value (Stückaktien) and comprises:
  • Up to 25,000,000 bearer shares with no par value to be newly issued
  • Up to 8,333,333 existing bearer shares with no par value from the holdings of the selling shareholder Square Lux Holding II S.à r.l.
  • Up to 6,500,000 existing bearer shares with no par value from the holdings of the selling shareholder, subject to the exercise of an upsize option by the selling shareholder on the date of pricing
  • Up to 5,975,000 existing bearer shares with no par value from the holdings of the selling shareholder to cover a potential over-allotment
Type of Offering
  • Public offering in Germany
  • Private placements in certain jurisdictions outside the United States of America in offshore transactions in reliance on Regulation S under the U.S. Securities Act
  • Private placements in the United States to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act
Stock Exchange Frankfurt Stock Exchange (Frankfurter Wertpapierbörse)
Market Segment Regulated market (Prime Standard) of Frankfurt Stock Exchange (Frankfurter Wertpapierbörse)
ISIN International Securities Identification Number (ISIN): DE000HAG0005
WKN German Securities Code (Wertpapierkennnummer, WKN): HAG000
Ticker Symbol HAG
Syndicate Banks Joint Global Coordinators:
BofA Securities, J.P. Morgan, KKR Capital Markets, Deutsche Bank

Joint Bookrunners:
COMMERZBANK, Citigroup, UniCredit Bank AG, Crédit Agricole CIB

Co-Manager:
Mizuho International plc
Lock-up Period Existing shareholder and HENSOLDT: six months following the first day of trading

Prospectus

Here you find the Prospectus and the Prospectus Supplement for the IPO of HENSOLDT AG.

FAQ

Here you find frequently asked questions and corresponding answers on the planned IPO of HENSOLDT AG.

  • Why does HENSOLDT want to go public and why now?

    The planned IPO is the next logical step to reinforce HENSOLDT as the leading electronic sensor solutions house in Europe.

    HENSOLDT intends to use the proceeds from the newly issued shares in the planned IPO, among other uses, to support its highly visible growth trajectory, sustain its existing investment strategy and strengthen its balance sheet.

  • On which stock exchange will the shares of HENSOLDT be listed?

    The shares of HENSOLDT are expected to be listed in the Prime Standard of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse).

  • When will be the first day of trading?

    The first day of trading on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) is expected to take place on September 25, 2020.

  • Which share type will be issued?

    Bearer shares (Inhaberaktien) with no par value (Stückaktien), each such share with a proportionate amount of EUR 1.00 in the share capital and with full dividend rights as from January 1, 2020.

  • In which currency is the offer price determined?

    The company’s shares are denominated in Euro.

  • What is the offer price?

    The expected offer price per share is in a price range between EUR 12 and EUR 16.

  • Which target group is the IPO aimed at – institutional or private investors? German or international investors?

    The offering comprises a public offer to private and institutional investors in Germany, private placements outside the United States in reliance on Regulation S under the U.S. Securities Act and private placements in the United States to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act.

  • When can I subscribe to the shares of HENSOLDT?

    The offer period will start on September 16, 2020 and is expected to end on September 23, 2020 at 12:00 (CEST) for retail investors and at 14:00 (CEST) for institutional investors.

  • Where can I subscribe to the shares of HENSOLDT?

    BofA Securities, J.P. Morgan, KKR Capital Markets and Deutsche Bank are acting as Joint Global Coordinators in connection with the planned transaction. Citigroup, COMMERZBANK, UniCredit Bank AG and Crédit Agricole CIB will support the transaction as Joint Bookrunners. In addition, Mizuho International plc will act as Co-Manager.

  • My bank is not one of the mandated underwriting banks. Can I still subscribe for shares at my bank?

    Usually it is also possible to subscribe for shares at a bank that is not part of the underwriting bank group. Please contact your bank, which will surely inform you how to proceed in this case.

  • Will there be a lock-up period for existing shareholders and the company?

    There will be a lock-up period of six months for the existing shareholder and the company following the first day of trading.

  • Where can I get information on the shares of HENSOLDT?

    In the section “Prospectus”, the prospectus is available to eligible individuals which contains essential information about different aspects of the offering, including the shares offered, the issuer HENSOLDT, the company’s group structure, its business and risk profile and financial information.

Contact

Contact us

If you have any questions or require further documents, please contact our Investor Relations team.

Julia Szeszat
+49 89 51518 2499