Arendt & Medernach assisted HomeToGo in their successful placement of 53.1 million new shares from cash capital increase resulting in gross proceeds of EUR 85.0 million

Experts involved in the Deal:

Arendt & Medernach assisted HomeToGo SE, a Luxembourg société européenne listed on the Frankfurt Stock Exchange (Prime Standard), in their successful placement of 53,125,000 redeemable class A shares of HomeToGo SE at a price of EUR 1.60 per share, resulting in gross proceeds of EUR 85.0 million (before deduction of commissions and expenses) by way of a private placement in the form of an accelerated bookbuild offering announced on 12 February 2025.

To implement the private placement, the management board of HomeToGo SE, with the consent of the supervisory board, will increase HomeToGo SE’s share capital against cash contributions within the limits of HomeToGo SE’s authorized capital and without reserving preferential rights to subscribe for such shares for the existing shareholders of HomeToGo SE from EUR 2,441,068.45 by EUR 1,020,000 to EUR 3,461,068.45 (“Capital Increase”) by issuing 53,125,000 new redeemable class A shares without nominal value (“New Shares”), representing approximately 41.8% of HomeToGo SE’s current share capital. The net proceeds from the Capital Increase will be used to partially finance the previously announced acquisition of Interhome.

The New Shares are expected to be included in the existing listing of HomeToGo SE’s shares on the basis of an exemption document prepared by HomeToGo SE. Admission to trading of the New Shares is expected to occur on 17 February 2025. Introduction to trading and delivery of the New Shares are expected to occur on 18 February 2025.