BankM AG
BankM – Repräsentanz der flatex Bank AG: Jung, DMS & Cie. bond 2019/2024 – Official start of trading after successful placement

– EUR 25 million fully placed

– Issue oversubscribed several times

– BankM with bond issues and taps of more than EUR 200 million in FY 2019

Frankfurt, 2nd December 2019 – As of today’s issue and value date, the 5.5% bond 2019/2024 of Jung, DMS & Cie. Pool GmbH (ISIN DE000A2YN1M1), a wholly-owned subsidiary of JDC Group AG, has officially commenced trading and is listed well above its issue price. BankM – Representative Office of flatex Bank AG (“BankM”) has successfully executed the EUR 25 million issue as Sole Lead Manager and Global Bookrunner. In addition, BankM was responsible for the coordination and technical handling of the entire process. With seven bond issues and taps in 2019, totalling more than EUR 200 million, BankM is one of the market leaders in the SME bond segment in Germany.

“The interest in the issue of Jung, DMS & Cie. Pool GmbH was extremely high. The combination of a verifiable track record, experienced management and visible earnings potential on the one hand and an attractive coupon and a coherent collateralization concept on the other, convinced both institutional and private investors. At the time of the early closing, the issue was several times oversubscribed”, says Dirk Blumhoff, founding partner of BankM and responsible for the project.

The new bond with a volume of up to EUR 25 million was issued as a public offer, a private placement to qualified investors and a voluntary swap offer to holders of the outstanding 2015/2020 bond (ISIN DE000A14J9D9). Around EUR 5.5 million were tendered in the swap offer and the allocation quota amounted to 50%. Subscriptions within the context of the public offer on the Frankfurt Stock Exchange amounted to approximately EUR 3.1 million, while the remaining volume was allocated as part of the private placement.

“Since the issue of our first bond 2015/2020, we have built trust through positive corporate development and transparent communication. In addition, the successful development of our white label platform and economies of scale associated with increasing wholesale revenues and contract density, have also convinced many new investors. BankM supported us at all times with great commitment and high reliability”, commented Ralph Konrad, Managing Director of Jung, DMS & Cie. Pool GmbH and Board Member of JDC Group AG, with regard to the subscription result.

About Jung, DMS & Cie. Pool GmbH:

Jung, DMS & Cie. Pool GmbH is a wholly owned subsidiary of JDC Group AG, a leading data and digitization service provider in the financial and insurance industries. With roots going back to 1958, the group has developed into a technology and service platform with self-developed software solutions and innovative tools. Today, Jung, DMS & Cie. as the central unit of the Group, stands for modern and intelligent financial technology and has an attractive white label offering for major customers such as BMW or comdirect.

About BankM – Representative office of flatex Bank AG:

Since 2007, BankM – representative office of flatex Bank AG (Frankfurt am Main, Germany) is the partner of small and medium-sized enterprises and specializing in capital market financing with its experienced, interdisciplinary team. SME customers benefit from individual service and rapid access to selected investors that fit their needs. BankM’s services include capital market advisory, arranging IPOs and capital increases for equity financing, debt advisory and financing, designated sponsoring and research as well as M&A, hereby specializing in the identification of suitable strategic partners in China.

Based in Frankfurt am Main, Germany, BankM is a legally dependent branch of flatex Bank AG and is integrated into the banking and regulatory structures of flatex Bank AG. flatex Bank AG has a full banking license for all types of banking business in compliance with the German Banking Act, underlies the statutory Deposit Guarantee Scheme of the Entschädigungseinrichtung deutscher Banken GmbH (EdB) and also operates as a “white-label bank” (e.g. for ViTrade and flatex). Each year, FinTech Group Bank AG handles over 10 million securities orders and currently has assets under administration of over EUR 12 billion. The balance sheet total is well over EUR 1 billion.

Contact:

Dirk Blumhoff
BankM – Representative office of flatex Bank AG
Mainzer Landstraße 61
60329 Frankfurt
Germany
Phone: +49 (0) 69 71 91 838-10
Fax: +49 (0) 69 71 91 838-50
Email: pr@bankm.de
Internet: www.bankm.de

Legal notice:

This announcement does not constitute a recommendation or an offer or a solicitation of an offer for the purchase, sale or subscription of any mentioned securities. It does not serve any investment advice but general information purposes only.