DGAP-Adhoc: va-Q-tec AG successfully completes placement of new shares in a cash capital increase excluding subscription rights

Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014

NOT FOR PUBLICATION, DISTRIBUTION OR FORWARDING, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA AND JAPAN OR ANY JURISDICTION IN WHICH THE OFFER OR SALE OF THE SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW.

va-Q-tec AG successfully completes placement of new shares in a cash capital increase excluding subscription rights

Würzburg, 10 November 2021 - The Management Board of va-Q-tec AG has today passed a resolution, with the Supervisory Board's consent, to increase the company's share capital by EUR 325,498.00 (corresponding to almost 2.5 percent of the share capital) from EUR 13,089,502.00 by partially utilizing Authorized Capital 2020/I by issuing 325.498 new no par value registered shares to EUR 13,415,000.00, excluding shareholders' subscription rights. All of the new shares were placed with Lupus alpha Asset Management, an institutional investor that to date has not held an interest in va-Q-tec and pursues a long-term investment approach. The placement price was set at EUR 26.10 per share. The new shares are dividend-entitled from 1 January 2021.

The implementation of the capital increase is expected to be entered in the commercial register within the next few days. The new shares are expected to be admitted for trading on the Regulated Market as well as simultaneously to the sub-segment of the Regulated Market with additional post-admission obligations (Prime Standard) on or around 17^th November 2021. The issue proceeds from the capital increase amount to EUR 8,495,497.80 before commissions and costs.

This cash capital increase provides va-Q-tec with further scope for maneuver for future investments in order to further drive the company's strong growth and at the same time to maintain stable and healthy balance sheet ratios in the event of an expansion of business activities.

Important notes

This announcement may not be published, distributed or transmitted, whether directly or indirectly, within the United States of America (including its territories and possessions), Australia, Canada, Japan or any other jurisdiction in which such announcement may be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions, and persons in possession of this document or other information referred to herein should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

This announcement does not constitute an offer or a solicitation of an offer to purchase any securities of the company or any of its subsidiaries in the United States of America, Germany or any other jurisdiction. Neither this announcement nor any of its contents shall form the basis of, or be relied upon in connection with, any offer in any jurisdiction. The securities offered will not be and have not been registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act.

In the United Kingdom, this announcement is addressed solely at persons that are (i) professional investors in the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (ii) persons falling within Article 49(2)(a) to (d) of the Order (high net worth entities, unincorporated associations, etc.) (with all such persons together being referred to as "Relevant Persons" ). Persons who are not Relevant Persons must not act or rely on this document. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

In member states of the European Economic Area, the placement of securities described in this announcement is addressed only to persons that are qualified investors in the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (Prospectus Regulation).

No action has been taken that would permit an offer or purchase of the securities or distribution of this announcement in any jurisdiction in which such action would be unlawful. Persons into whose possession this notice comes are required to inform themselves about and to observe any such restrictions.

This announcement does not constitute a recommendation in relation to the placement. Investors should consult a professional adviser as to the suitability of the placement for the person concerned.

IR Contact
va-Q-tec AG
Felix Rau
Telefon: +49 931 35942 - 2973
Email: Felix.Rau@va-Q-tec.com

cometis AG
Claudius Krause
Telefon: +49 611 - 20 585 5-28
Email: krause@cometis.de