DGAP-Ad hoc: Daldrup & Söhne (Daldrup) AG

Publication of insider information
pursuant to Article 17 MAR

Daldrup & Söhne AG intends cash capital increase

Grünwald / Ascheberg, 26 February 2018 - The Executive Board of Daldrup & Söhne AG (ISIN DE0007830572), drilling technology and geothermal energy specialist, today decided with the approval of the Supervisory Board to carry out a cash capital increase of up to EUR 6.5 million.
The cash capital increase of up to 10 % of the Company's share capital is to be executed by partially utilizing the authorized capital (Authorized Capital 2013/I) resolved by the Annual General Meeting on 11 July 2013, excluding shareholders' subscription rights, and the up to 544,500 new shares are to be placed with institutional shareholders by means of an accelerated bookbuilding procedure.

When determining the placement price, the requirements of § 186 (3) sentence 4 AktG are observed, so that the placement price of the new shares is not significantly lower than the stock exchange price.

The new shares are to be fully entitled to dividends as of the financial year 2017, i. e. as of 1 January 2017, and will be included in the existing listing on the SCALE segment of the Frankfurt Stock Exchange once they have been issued.

The resolution of the Executive Board and Supervisory Board of Daldrup & Söhne AG on the implementation of the cash capital increase is expected to be adopted on 27 February 2018 after the conclusion of the investor address.

The proceeds from the issue will be used to implement the ownership structure desired for the Neuried and Puchheim power plant projects.

The transaction is supported by equinet Bank AG as lead manager and joint bookrunner and by MainFirst Bank AG as joint bookrunner.

Contact
Falk v. Kriegsheim
Fon +49 (0)2593-9593-29
ir@daldrup.eu
www.daldrup.eu

Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig
Germany