New Masterplast shares are to be traded from 27 October

The 9.22 billion HUF capital raising will be invested in the next step in Masterplast’s growth and future-making strategy, that is, in launching the manufacturing of thermal insulation materials made of mineral wool.

Budapest, 27 October 2022 – 2,249,352 new shares issued by Masterplast publicly were introduced to the Hungarian stock market with the opening bell of the Budapest Stock Exchange (BÉT). Trading with the new shares was launched by the CEO of BÉT, Masterplast Nyrt. President Dávid Tibor and Masterplast Nyrt. Vice President Balázs Ács.

During the public retail and institutional share sales between 5 and 14 October 2022, Masterplast originally planned to raise a capital of 8-10 billion HUF. Still, in comparison, with a 30% oversubscription, public and institutional investors submitted their applications for more than 10.6 million shares priced between 4,000 and 4,400 HUF.

The company’s board of directors, while maintaining the 50%+1 voting rights of the two main shareholders, decided to issue 2,249,352 new shares. The investors could buy the company’s newly issued shares at a set price of 4,100 HUF.

Following it, Masterplast raised its capital by 9.22 billion HUF, providing new shares worth 2.27 billion HUF to the public and 6.95 billion HUF to institutional investors. The received offers exceeded the offered amount of shares by 30%, out of which the company’s board of directors approved 12.47%.

The final price of shares was lower than the maximum share price of 4,400 HUF; therefore, the difference has already been reimbursed to the retail investors onto their payment account with the distributor OTP Bank. Today, the allocated new shares were also credited to the investors’ securities accounts.

Additional information

All the information in this prospectus regarding Masterplast is based on information provided by Masterplast.

Per Regulation (EU) 2017/1129, this prospectus qualifies as advertising. This prospectus aims to provide all investors with the same regulated information and hence Masterplast Nyrt. (hereinafter ‘Company’) is to provide full transparency, furthermore to comply with regulations (EU) 2017/1129, (EU) 2014/596, and the capital market regulations under Act CXX of 2001 on the Capital Market (Act on the Capital Market). Regarding information in this prospect, the Company published a simplified prospectus related to securities issuance, complying with regulation (EU) 2017/1129 approved by the Hungarian National Bank (MNB), available on the website of the Budapest Stock Exchange, MNB’s website for prospectuses, the company’s website at https://masterplast-reszveny.hu, and the website of the sole distributor OTP Bank Nyrt. at www.otpbank.hu/masterplast. The MNB approved the simplified prospectus concerning the completeness, comprehensibility and consistency related requirements regulated by regulation (EU) 2017/1129, therefore it cannot be considered as an offer referring to the quality of the Company or its securities. This document is only for informing and awareness-raising purposes. Before making investment decisions, for more details, and the terms and conditions, please carefully read the simplified prospectus on the distribution of shares to the public. Please carefully consider the subject and risks of investment, the related fees and charges, the possibility of making a loss, and find out more about the product and investment-related tax regulations. Any risks emerging from the investment, or from specific unique decisions will be taken by the customer; OTP Bank Nyrt. cannot be held liable for the profitability of investments or the achievement of customer goals. Information published in this document does not qualify as investment advice nor an offer, recommendation, or call for proposal to execute the transaction. Information published in this document does not take into account the individual circumstances of the potential investors, therefore this prospectus exclusively is not an adequate basis for decision-making. Changes in the money and capital market, exchange rates, and trends in investments and their returns are influenced by a combination of several factors, including the significant factor of changes in investor expectations. Each investment carries certain risks, which might affect the profitability of the investment decision, and thus the investor might not receive the expected returns from their investment, or the amount invested, therefore the invested capital may possibly reduce or become completely lost. Share prices constantly change, and immediate selling can be executed on the current exchange rate, which may result in exchange rate losses. In the case of each product and service, please evaluate their tax accounting or other tax-related implications, considering that they can only be concluded under the effective tax regulations and the individual circumstances of the customer, and these circumstances may change in the future.