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Exasol AG is planning an IPO for 2020

12.11.2019, 15:01:27 Uhr - Autor: EQS

DGAP-News: EXASOL AG / Key word(s): Strategic Company Decision/IPO Exasol AG is planning an IPO for 2020 (news with additional features) 12.11.2019 / 15:01 The issuer is solely responsible for the content of this announcement. NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT. Exasol AG is planning an IPO for 2020 - Exasol AG ("Exasol"), helps organizations become truly data-driven with their high performance, in-memory, MPP database, specifically designed for analytics. The dynamically growing technology leaders are now planning an initial public offering of their shares on the Frankfurt Stock Exchange in 2020. - The unique design approach to Exasol's extremely powerful in-memory analytics database (RDBMS) enables enterprises to uncover business value - by giving them fast and efficient access to data analytics across their operational and decision-support processes. - Exasol is also perfectly positioned to be the analytics database of choice in the fast-growing markets of Business Intelligence, Data Analytics, Data Warehouse Modernization and Data Science (Machine Learning/Artificial Intelligence) and is set to benefit strongly from the growth potential in a multi-billion Euro global market. - The company plans to invest the initial proceeds of the IPO to support their growth strategy - primarily in the areas of client base expansion, brand awareness, and increased internationalization. Nuremberg, Germany, 12 November 2019 - Exasol AG (www.exasol.com), is the analytics database, helping organizations become truly data-driven. Based in Nuremberg, the dynamically growing company is now preparing for an IPO on the Frankfurt Stock Exchange for 2020. Founded in 2000, Exasol has developed and refined a unique analytics database, purpose-built for the growing demand for data-driven business. Their high-performance in-memory analytics database gives organizations the ability to transform how they work with data, on-premises, in the cloud or both - by combining in-memory, massively parallel processing and the most agile, extensible and platform-agnostic technology as possible. The company has employees spread across its offices in Nuremberg, Berlin, London, Paris, and Atlanta and offers high-end database solutions for an array of high-profile customers. Aaron Auld (CEO) and Mathias Golombek (CTO) have been working together at Exasol since 2006, developing the company into a technology leader in the data warehouse market, and laying the foundation for international expansion. Michael Konrad joined Exasol as CFO in 2015, previously holding CEO and CFO positions in other listed software companies. Initial Public Offering in 2020 In October 2019, Exasol completed a pre-IPO placement of shares to a small number of long-term investors, paving the way for an initial public offering in 2020. "We're extremely happy with the outcome of the placement and we're excited about Exasol's next growth phase together with our new shareholders," said Aaron Auld, CEO of Exasol. Further details concerning the planned IPO will be disclosed in due course. The IPO will not only provide the necessary growth funding but will also materially increase the growth rate by creating global awareness for the Exasol brand - and pave the road for further internationalization. Hauck & Aufhäuser acted as Sole Global Coordinator and Sole Bookrunner for the private placement and has been appointed as Sole Global Coordinator and Sole Bookrunner for the IPO. About Exasol Exasol is the analytics database. Its high-performance in-memory analytics database gives organizations the power to transform how they work with data, on-premises, in the cloud or both - and turn it into value faster, easier and more cost effectively than ever before. To learn more about Exasol, please visit www.exasol.com Contact Stefanie Winkler, Assistant of Executive Board, stefanie.winkler@exasol.com, Phone: +49-911-2399-1298 Important Notice This announcement does not contain or constitute an offer to sell, nor a solicitation to buy or subscribe for securities. This announcement is not a prospectus. Potential investors should not purchase or subscribe for any securities referred to in this announcement except on the basis of the information contained in the prospectus to be issued by the Company in connection with the public offering of such securities (including any supplements thereto). The prospectus will, following approval by the German federal financial supervisory agency (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin) and publication, be available free of charge from the EXASOL AG (Neumeyerstraße 22-26, 90411 Nürnberg, Germany), and on the website of EXASOL AG (www.exasol.com). This announcement is not an offer of securities for sale in the United States of America (the "United States"). Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Any public offering of securities to be made in the United States would be made by means of a prospectus that could be obtained from the Company and that would contain detailed information about the Company and its management, as well as the financial statements of the Company. There will be no public offer of the securities in the United States. In the United Kingdom, this information is directed at and/or for distribution only to (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (ii) high net worth companies falling within article 49(2)(a) to (d) of the Order (all such persons are collectively referred to herein as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this information or any of its contents. Subject to certain exceptions under the Securities Act, the securities referred to herein may not be offered or sold in the United States of America, Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of the United States of America, Australia, Canada or Japan. Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," or, in each case, the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with our industry, as well as many other risks specifically related to the Company and its operations. Additional features:Document: http://n.eqs.com/c/fncls.ssp?u=KRDNCUPCKKDocument title: EXASOL_Announcement_191112 12.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 910737  12.11.2019 

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