Equity Capital Markets Transactions

Ticker: CCAP GY
Country: Germany
Sector: Diversified Financials / Real Estate
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c. EUR 680m
Selling Shareholders: Mr. Ralph Winter, holding pre-transaction c. 16% of current share capital in the Company
Offer Structure: Placement of 3,000,000 secondary shares (c. 14.1% of pre-transaction share capital)

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner)
Timing:

• Launch: 16 December 2019
• Pricing: 17 December 2019

Ticker: VAR1 GY
Country: Germany
Sector: Batteries
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction:c. EUR 5.2bn
Offer Structure: 808,000 existing shares (c. EUR 98m)
Offer Price: EUR 121.00 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner

Timing:

• Launch: 04 December 2019 (Post-market)
• Pricing: 05 December 2019

The Pebble Group is a leading provider of products, services and technology to the global promotional products industry

Issuer: The Pebble Group plc
Ticker: PEBB LN
Country: United Kingdom
Sector: Media (Promotional Products)
Listing: London Stock Exchange (AIM Market)

Final Offer Structure:

• Total: 128,983,708 shares (c. GBP 135.4m)
• Primary: 75,433,954 shares (c. GBP 79m)

Fixed IPO Price: GBp 105.00 per share
Market Cap at IPO: c. GBP 176m
Use of Proceeds: To pay down all existing debt leaving the company debt-free post-IPO

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Timing:

• ITF: 18 November 2019
• Investor Education: 7 November – 15 November 2019
• Bookbuilding: 18 November – 29 November 2019
• First Day of Trading: 5 December 2019

Ticker: TM17 LN
Country: United Kingdom
Sector: TMT/Video gaming
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction:c. GBP 443m
Offer Structure: 6,000,000 secondary shares (c. GBP 19m)
Issue Price: GBP 3.20 per share

Berenberg Role:Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner)
Timing:

• Launch: 21 November 2019
• Pricing: 22 November 2019

Ticker: ALFEN NA
Country: Netherlands
Sector: Energy Equipment
Listing: Regulated Market of the Euronext Amsterdam

Market Cap pre Transaction:c. EUR 300m
Offer Structure: 1,500,000 existing shares (c. EUR 22m)
Issue Price: EUR 14.50 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner

Timing:

• Launch: 15 November 2019 (Post-market)
• Pricing: 14 November 2019

CTS Eventim is a market leader in ticketing and live entertainment.

Ticker: EVD GY
Country: Germany
Sector: Ticketing / Live Entertainment
Listing: Regulated Market of the Frankfurt Stock Exchange

Market Cap pre Transaction: c. EUR 5.0bn
Offer Structure: 4,200,000 existing shares (c. EUR 218m)
Offer Price: EUR 52.00 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner

Timing:

• Launch: 13 November 2019 (Post-market)
• Pricing: 14 November 2019

Merus NV is a clinical-stage immuno-oncology company, which engages in the discovery and development of bi-specific antibody therapeutics. The company pipeline includes Biclonics for solid and hematological tumors.

Ticker: MRUS US
Country: Netherlands
Sector: Biotechnology
Listing: NASDAQ

Market Cap pre Transaction:c. USD 428m
Offer Structure: 5,462,500 ordinary shares/common stock (c. USD 79m)
Issue Price: USD 14.50 per share

Use of Proceeds: Working Capital, Research and Development and General Corporate Purposes

Berenberg Role:Co-Manager

Timing:

• Launch: 4 November 2019
• Pricing: 5 November 2019

Ticker: FAGR BB
Country: Belgium
Sector: Pharmaceuticals
Listing: Euronext Brussels (Regulated Market)

Market Cap pre Transaction:c. EUR 1.2bn
Offer Structure: 9,326,245 existing shares (c. EUR 151m)
Issue Price: EUR 16.20 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner

Timing:

Launch: 11 October 2019 (Intraday)Pricing: 11 October 2019

BioNTech SE operates as a biopharmaceutical company. The company engages in developing individualized therapies for cancer and other diseases. It develops and manufactures diagnostics and drugs under immunotherapy.

Issuer: BioNTech SE

Ticker: BNTX US
Country: Germany / USA
Sector: Biotechnology (Oncology)
Listing: ADSs on the NASDAQ

Offer Type: IPO of American Depository Shares

ADS Ratio: 1 ordinary shares per ADS

Offer Structure:

• Base Offer size: 10,000,000 ADS (100% primary)
• Greenshoe: 517,408 ADS (100% primary)

Gross Proceeds : c. USD 150m

Price Range: USD 15.00 – 16.00

Final IPO Price: USD 15.00 per ADS

Total gross proceeds: c. USD 157.8m

Market Cap at IPO: USD 3.4bn

Use of Proceeds: Clinical trials, R&D, manufacturing, expansion

Berenberg Role: Joint Book-running Manager
Syndicate: JP Morgan, Berenberg Capital Markets, BofA, UBS, Leerink, Canaccord, Bryan Garnier(Book-runners), Wolfe, Kempen, Mirae (Co-Managers)

Timetable:

• Launch: 10 September
• Pricing: 09 October
• First Day of Trading: 10 October

Issuer: BOOSTHEAT SA

Ticker: BOOST FP

Country: France
Sector: Renewable Energy Equipment
Listing:Regulated Market of Euronext Paris

Offer Structure:

• Total: 2,875,000 shares
• Primary: 2,500,000
• Greenshoe (primary): 375,000

Final IPO Price: EUR 14.00 per Share

IPO Range: EUR 14.00 to EUR 17.00 per share

Market Cap at IPO: c. EUR 127.4m

Use of proceeds:Implementing international commercial roll-out, further research and development and enhance the product range, increase production capacity to 50,000 boilers per year

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Gilbert Dupont, Portzamparc BNP Paribas (Joint Global Coordinator & Joint Bookrunners)

Timing:

• Approval of the Prospectus: 24 September
• Bookbuilding: 25 September – 08 October 2019
• First Day of Trading: 09 October 2019

Ticker: IPO LN
Country: United Kingdom
Sector: Healthcare / Investment Company
Main Listing: London Stock Exchange

Market Cap pre Transaction: c. GBP 673m
Offer Structure: 142,084,816 existing shares (c. GBP 76m)
Price: GBp 53.50 per share

Berenberg Role: Co-Lead Manager

Timing:

• Pricing & first day of trading: 25 September 2019

Ticker: DKG GY
Country: Germany
Sector: Real Estate
Main Listing:Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c. EUR 490m
Offer Structure: 2,000,000 primary shares (c. EUR 31m)
Issue Price: EUR 15.50 per share

Use of proceeds: The net proceeds from the capital increase shall be used to finance identified acquisition opportunities in order to continue the Company’s successful growth in the future

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner), Bankhaus Lampe (Co-Bookrunner), Bankhaus Scheich Wertpapierspezialist (Selling Agent)

Timing:

• Launch: 17 September 2019
• Pricing: 18 September 2019
• First Day of Trading: 23 September 2019

pharmaceutical compounding to pharmacies and hospital pharmacies. The Company also develops

new formulations for specific patients and patient groups.

Ticker: FAGR BB
Country: Belgium
Sector: Pharmaceuticals
Listing:Euronext Brussels (Regulated Market)

Market Cap pre Transaction: c. EUR 1.2bn
Offer Structure: 5,211,300 existing shares (c. EUR 84m)
Issue Price: EUR 16.20 per share

Berenberg Role: Sole Bookrunner
Syndicate: Berenberg

Timing:

• Pricing: 06 September 2019

Country: Germany
Sector: Retail

Deal type: Growth Funding, Pre-IPO

Investment size: Not disclosed

Investor: Büll Family Office

Use of Proceeds: Funding of the Company’s growth strategy

Berenberg Role: Exclusive Financial Advisor to Mister Spex GmbH
Timing: August 2019

Aroundtown focuses on commercial real estate and is managing a portfolio worth c€15bn, with a regional focus on Germany and some exposure also to the Netherlands and to London

Issuer: Aroundtown SA
Ticker: AT1 GY
Country: Germany
Sector: Real Estate
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c. EUR 8.5bn
Offer Structure: 84,000,000 primary shares (c. EUR 601m)
Issue Price: EUR 7.15 per share
Use of Proceeds: Funding of the Company’s growth strategy

Berenberg Role: Joint Global Coordinator / Joint Bookrunner
Syndicate: Berenberg, Citi, Deutsche Bank and Goldman Sachs (Joint Global Coordinators / Joint Bookrunners)
Timing:

• Launch: 15 July 2019
• Pricing: 16 July 2019
• First Day of Trading: 18 July 2019

Cyan AG provides information technology security solutions. The Company offers solutions for virtual network operators, governments, and financial service sectors. Cyan serves customers in Germany.

Issuer: Cyan AG

Ticker: CYR GY
Country: Germany
Sector: Software
Listing:Open Market of Frankfurt Stock Exchange (Scale)

Market Cap pre Transaction: c. EUR 268m
Offer Type: 100% primary shares, private placement to institutional investors by way of ABB

Offering: 888,594 new shares (c. EUR 25m)
Offer Price: EUR 28.00 per share

Use of proceeds: With the funds from the capital increase cyan AG wants to further professionalize the organizational structure of cyan group. Additionally, further investments in research & development are planned as well as stronger market penetration.

Berenberg Role: Sole Global Coordinator and Sole Bookrunner

Timing:

• Launch: 09 July 2019
• Pricing & Allocation: 10 July 2019
• Settlement: 12 July 2019

pharmaceutical compounding to pharmacies and hospital pharmacies. The Company also develops

new formulations for specific patients and patient groups.

Ticker: FAGR BB
Country: Belgium
Sector: Pharmaceuticals
Listing:Euronext Brussels (Regulated Market)

Market Cap pre Transaction: c. EUR 1.3bn
Offer Structure: 7,184,391 existing shares (c. EUR 116m)
Issue Price: EUR 16.20 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Belfius (in cooperation with Kepler Cheuvreux), Kempen (Joint Global Coordinators & Joint Bookrunners)

Timing:

• Launch: 02 July 2019 (Intraday)
• Pricing: 03 July 2019

Country: Switzerland
Sector: Capital Goods
Listing:SIX Swiss Exchange (International Reporting Standard)

Final Offer Structure:

Total: 8,030,000 shares (c. CHF 169m)

• Primary: 7,300,000 new shares (c. CHF 153.3m)
• Greenshoe: 730,000 existing shares (c. CHF 15.3m)

Final Offer Price: CHF 21.00 per share

Market Cap at IPO: c. CHF 363.3m

Use of proceeds: Predominately for the expansion of production capacity in Europe, production automation, and targeted acquisitions, as well as to repay shareholders loans granted to pre-finance these growth initiatives

Berenberg Role: Sole Global Coordinator & Joint Bookrunner

Syndicate: Berenberg (Sole Global Coordinator & Joint Bookrunner), ZKB (Joint Bookrunner), RCB (Co-Lead Manager)

Timing:

• ITF: 3 June 2019
• Investor Education: 3 June – 14 June 2019
• Bookbuilding: 17 June – 27 June 2019
• First Day of Trading: 28 June 2019

Issuer: Global Fashion Group

Ticker: GFG GR

Country: Germany
Sector: E-Commerce
Listing:Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Final Offer Structure:

• Total: 42,000,000 shares (c. EUR 189m)
• Primary: 40,000,000 shares (c. EUR 180m)
• Greenshoe (primary): 2,000,000 shares (c. EUR 9m)

Final IPO Price: Fixed at EUR 4.50 per share

Market Cap at IPO: c. EUR 876m

Use of proceeds:Company intends to use the net proceeds to fuel continued growth by investing in the technology platform and customer acquisition, fulfilment and delivery infrastructure, including automation, as well as other general corporate purposes

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Goldman Sachs, Morgan Stanley (Joint Global Coordinator & Joint Bookrunner), HSBC (Joint Bookrunner)

Timing:

• ITF: 03 June 2019
• Investor Education: 03 June – 14 June 2019
• Bookbuilding: 18 June – 28 June 2019
• Fist Day of Trading: 02 July 2019

QTS Realty Trust is a US Real Estate Investment Trust (REIT). It is the owner, developer and operator of data centers that house the network and computer equipment of multiple customers.

Ticker: QTS US
Country: United States
Sector: Real Estate - REITs
Listing: New York Stock Exchange

Market Cap pre Transaction: c. USD 5,535m

Offer Structure: $400m At-the-Market Offering

Use of Proceeds: Working Capital, General Corporate Purposes, Future Acquisitions, Repay Debt and Capital Expenditures

Berenberg Role: Sales Agent

Timing:

• Launch: 27 June 2019

focuses on private debt, real estate, private equity, bond investments, and equity investments.

Tikehau Capital offers its services to clients and investors around the world.

Issuer: Tikeahau Capital

Ticker: TKO FP
Country: France
Sector: Diversified Financials
Listing: Regulated Market of Euronext Paris

Market Cap pre Transaction: c.EUR 2.1bn

Offer Type: 100% primary shares, Documented fully market offering – capital increase without preferential subscription rights

Offering:32,500,000 new shares allocated to strategic, institutional and retail investors; 17,545,162 through the priority subscription period, 14,619,771 through the private placement and 335,067 through the public offering

Offer Price: EUR 22.00 per share

Final deal size: EUR 715m

Use of proceeds: Increase group exposure to Tikehau Funds and provide flexibility to seize potential external growth opportunities

Syndicate: Initial Global Coordinators and Joint Bookrunners: Berenberg, Credit Suisse, Natixis/Oddo-BHF; Other Global Coordinators and Joint Bookrunners: BNP, Credit Agricole, SocGen; Joint Bookrunners: Citi, RBS

Timing:

• Bookbuilding: 18 June 2019 – 24 June 2019
• Pricing & Allocation: 25 Jun 2019
• Settlement: 27 June 2019

Issuer: Vossloh AG

Ticker: VOS GY
Country: Germany
Sector: Factory Automation Equipment
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c. EUR 514m

Offer Type: 100% primary shares, private placement to institutional investors by way of ABB

Offering: 1,596,743 shares (c. EUR 49m)

Offer Price: EUR 30.70 per share

Use of proceeds: The Company intends to use the net proceeds to enhance its financial flexibility to enable future growth as well as to further reduce its consolidated net financial debt. To further strengthen the self-financing capability and the profitability of the Vossloh Group, a performance program had been resolved upon already in April 2019. The capital increase supplements the performance program.

Berenberg Role: Sole Global Coordinator and Sole, Subscription Agend
Timing:

• Pricing & Allocation: 19 Jun 2019
• Settlement: 24 June 2019

Issuer: VARTA AG

Ticker: VAR1 GY
Country: Germany
Sector: Batteries
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c.EUR 1.8bn

Offer Type: 100% primary shares, private placement to institutional investors by way of ABB

Offering: 2,221,686 shares (c. EUR 104m)

Offer Price: EUR 46.70 per share

Use of proceeds: The Company intends to use the net proceeds to finance a further expansion of production capacities for rechargeable lithium-ion batteries for high-tech consumer products, in particular wireless premium headphones

Berenberg Role: Sole Global Coordinator and Sole, Subscription Agend

Timing:

• Pricing & Allocation: 13 Jun 2019
• Settlement: 17 June 2019

Ticker: TM17 LN
Country: United Kingdom
Sector: TMT/Video gaming
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 335m
Offer Structure: 8,649,018 secondary shares (c. GBP 21m)
Issue Price: GBP 2.45 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner)
Timing:

• Launch: 24 May 2019
• Pricing: 25 May 2019

Marlowe PLC is a UK provider of maintenance and installation services for fire protection, security, water treatment, and air hygiene systems.

Company: Marlowe PLC
Ticker: MRL LN
Country: United Kingdom
Sector: Business Services
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 174m

Offering: 4,694,836 primary shares (c. GBP20m)

Offer price: GBP 4.26

Berenberg Role:Joint Global Coordinator and Joint Bookrunner

Syndicate: Berenberg, Cenkos (Joint Global Coordinator, Joint Bookrunner)

Timing:

• Launch: 21 May 2019
• Pricing: 22 May 2019

Company: HelloFresh SE

Ticker: HFG GY

Country: Germany
Sector: Online Food
Listing: Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Selling Shareholder: Rocket Internet SE (RKET GY)

Offering: 43,717,681 secondary shares (c. EUR 350m), Clean-up trade

Offer price: EUR 8.00

Berenberg Role: Sole Global Coordinator and Sole Bookrunner
Timing:

• Launch: 13 May 2019
• Pricing: 14 May 2019

Issuer: VTG AG

Ticker: VT9 GH
Country: Germany
Sector: Transport & Logistic
Listing:Open Market (Freiverkehr) Hamburg Stock Exchange

Market Cap pre Transaction: c.EUR 1.5bn

Offer Type: Public Subscription Offer

Offer Structure: 5,477,372 primary shares (c. EUR 289.9m)

Subscription Price: EUR 52.90 per share

Subscription Ratio: 21:4 (i.e. for 21 existing shares 4 new shares)

Use of proceeds: The Company intends to use approx. EUR 30m to partially redeem the outstanding private hybrid bonds (including related interest payments and break costs) which was issued in 2018 to finance the Nacco acquisition in part. The remaining net proceeds of approx. EUR 253.3m will increase VTG Group’s financial flexibility and are intended to be ultimately applied at the beginning of August 2019 towards the redemption of public-traded hybrid bonds (2015).

Berenberg Role: Joint Global Coordinator and Bookrunner, Subscription Agend
Syndicate: Berenberg, Credit Agricole (Joint Global Coordinators and Joint Bookrunners)
Timing:

• Publication of prospectus: 24 April 2019
• Ex-rights day/start of subscription period: 25 April 2019
• End of subscription period: 09 May 2019
• Settlement: 14 May 2019

Jumia Technologies AG provides e-commerce services. The Company offers on-line products, as well as delivery of packages to the consumers. Jumia Technologies serves customers in Germany and Africa.

Issuer: Jumia Technologies AG

Ticker: JMIA US
Country: Germany / USA
Sector: Consumer Discretionary (E-Commerce, Marketplace)
Listing: ADSs on the NYSE

Offer Type: IPO of American Depository Shares

ADS Ratio: 2 ordinary shares per ADS

Offer Structure:

• Base Offer size: 13,500,000 ADS ( (100% primary)
• Greenshoe: 2,025,000 ADS (100% primary)

Gross Proceeds: c. USD 195.8m

Initial Price Range: USD 13.00 – 16.00

Final IPO Price: USD 14.50 per ADS

Concurrent private placement offering: c. USD 57m (3.9m ADS)

Total gross proceeds: c. USD 301.8m

Market Cap at IPO: USD 1.2bn

Use of Proceeds: To fund growth, general corporate purposes, and strengthen balance sheet

Berenberg Role: Joint Active Bookrunner
Syndicate: Berenberg, Citigroup, Morgan Stanley (Lead Bookrunners), RBC (Junior Bookrunner), Raymond James, Stifel, William Blair (Co-Managers)
Timing:

• Launch: 28 March
• Pricing: 11 April
• First Day of Trading: 12 April

Issuer: Yellow Cake PLC

Ticker: YCA LN
Country: United Kingdom
Sector: Metals and Mining
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 173m
Offer Structure: 12,000,000 primary shares (c. GBP 26m)
Issue Price: GBP 2.15 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Numis, Cantor Fitzgerald (Joint Global Coordinators & Joint Bookrunners)
Timing:

• Launch: 11 April 2019
• Pricing: 12 April 2019

Issuer: Shop Apotheke Europe N.V.

Ticker: SAE GY
Country: Germany / Netherlands
Sector: Pharmaceutical distribution
Listing:Frankfurt Stock Exchange, Prime Standard

Market Cap pre Transaction: c. EUR 432m
Offer Structure: 1,388,889 primary shares (c. EUR 50m)
Issue Price: EUR 36.00 per share

Concurrent convertible bond placement: Tap issue of c. EUR 60m convertible bonds via ABB

Total gross proceeds: c. EUR 110m

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Barclays (Joint Global Coordinators & Joint Bookrunners)
Timing:

• Launch: 09 April 2019
• Pricing: 10 April 2019

Ticker: ECO LN
Country: United Kingdom
Sector: Oil & Gas
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 137m
Offer Structure: 16,159,695 primary shares (c. GBP 13m)
Issue Price: GBP 0.80 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Stifel (Joint Global Coordinators & Joint Bookrunners)
Timing:

• Pricing: 04 April 2019

Team17 Group plc is a UK-based games label, creative partner and developer of independent, premium video games

Ticker: TM17 LN
Country: United Kingdom
Sector: TMT/Video gaming
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 305m
Offer Structure: 7,281,295 secondary shares (c. GBP 16m)
Issue Price: GBP 2.25 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner)
Timing:

• Launch: 26 March 2019
• Pricing: 27 March 2019

Ticker: PPH LN
Country: United Kingdom
Sector: Lodging
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 743m
Offer Structure: 9,300,000 secondary shares (c. GBP 149m)
Issue Price: GBP 16.00 per share

Berenberg Role: Joint Bookrunner
Syndicate: Berenberg, Finncap, Numis, Barak Capital, Orion (Joint Global Coordinators & Joint Bookrunners)
Timing:

• Launch: 26 March 2019
• Pricing: 26 March 2019

Ticker: ILM 1 GY
Country: Germany
Sector: Pharmaceuticals
Listing:Regulated Market of Frankfurt Stock Exchange (General Standard)

Market Cap pre Transaction: c. EUR 217m
Offer Structure: 2,184,603 secondary shares (c. EUR 31m)

Issue Price: EUR 14.25 per share

Berenberg Role: Sole Global Coordinator & Sole Bookrunner
Syndicate: Berenberg (Sole Global Coordinator & Sole Bookrunner)
Timing:

• Launch: 25 February 2019
• Pricing: 26 February 2019

Ticker: SRC LN
Country: United Kingdom
Sector: Investment Companies
Listing:London Stock Exchange (AIM)

Market Cap pre Transaction: c. GBP 55m
Offer Structure: 30,257,053 secondary shares (c. GBP 12m)
Issue Price: GBP 0.41 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Liberum

Timing:

• Launch: 25 January 2019
• Pricing: 25 January 2019

Ticker: BCART BB
Country: Belgium
Sector: Healthcare / Diagnostics
Listing:Regulated Market of Euronext Brussels

Market Cap pre Transaction: c. EUR 630m
Offer Structure: 5,000,000 secondary shares (c. EUR 55m)
Issue Price: EUR 11.10 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, KBC, Kempen (Joint Global Coordinators & Joint Bookrunners)

Timing:

• Launch: 23 January 2019
• Pricing: 24 January 2019

Ticker: BFSA GY
Country: Germany
Sector: Waste Management
Listing:Regulated Market of Frankfurt Stock Exchange (Prime Standard)

Market Cap pre Transaction: c. EUR 1.3bn
Offer Structure: 3,000,000 secondary shares (c. EUR 108m)
Issue Price: EUR 36.00 per share

Berenberg Role: Joint Global Coordinator & Joint Bookrunner
Syndicate: Berenberg, Citi, Comerzbank (Joint Global Coordinators & Joint Bookrunners)

Timing:

• Launch: 09 January 2019
• Pricing: 10 January 2019