CENIT SHARE Initial listing

Project statement on CENIT listing in 1998

Stuttgart-based CENIT is one of the leading medium-sized software firms and service providers for information technology and electronic data processing. The revenues from its listing on 6 May 1998 will, on the one hand, help increase the company's equity-to-asset ratio and, on the other hand, provide solid financing for the continued dynamic growth of CENIT AG in the next two to three years. CENIT's listing on the Neuer Markt segment of the Frankfurt Stock Exchange underlines its pioneering role as a provider of innovative and seminal state-of-the-art technology.

Initial listing: 6 May 1998
Segment: Neuer Markt, Frankfurt
Security Code Number (WKN): 540710
Bookbuilding procedure period: 28–30 April 1998
Bookbuilding range: 100.00 to 125.00 DM
Issue price: 125.00 DM
Issued shares: up to 1,000,000 ordinary shares with a nominal value of 5.00 DM each
Dividend entitlement: for the entire fiscal year 1998
Underwriting syndicate: Baden-Württembergische Bank AG, Bayerische Vereinsbank, DG Bank AG, Dresdner Bank AG

Fiscal calendar

March 31, 2020
Release of Annual Report 2019

May 12, 2020
Release of 3-Months Report 2020

June 30-July 02, 2020
German Spring Conference, Frankfurt

July 02, 2020
Virtual Annual Shareholder's Meeting, Stuttgart

August 04, 2020
Release of 6-Months Report 2020

November 04, 2020
Release of 9-Months Report 2020

Structure

The CENIT share opened the 2019 trading year at €13.40 and closed the year at €13.70. The average daily trade volume on all German stock exchanges over the last 52 weeks came to 6,438 shares a day. The average selling price for 2019 was €13.40, with a 52-week high of €14.30 and a low of €11.05. In total, around 1.6 million shares were traded. Due to the high free float percentage, only approximate data can be provided on shareholder structure, resulting in the following overview of the size and composition of the group of shareholders. The CENIT share is listed on the Prime Standard of the German Stock Exchange and fulfils applicable international requirements on transparency.

Equity subject to reporting/disclosure

Company	Declared on	Shares	%
PRIMEPULSE SE	16.09.2020	844,802	10.10
LOYS AG	17.09.2020	424,065	5.07
Mainfirst	28.10.2015	422,792	5.05
Allianz Global Investors	01.07.2014	420,958	5.03
LBBW Asset Management	15.11.2011	385,421	4.61

General data

Security Code Number (WKN): 540710
Reuters Ticker/Bloomberg Ticker: CSHG.F
ISIN: DE0005407100
Sector: Software
Production & Products & Services: Product Lifecycle Management (PLM), Enterprise Information Management (EIM), Application Management Services (AMS)
Executive Board: Kurt Bengel (Spokesman), Matthias Schmidt
Total Number of Shares: 8,367,758
Free Float %: 77%
Avg. Daily Volume (shares): 8,764
Accounting Method: IAS
52-Week Range 2018: 21.40 Euro / 12.45 Euro
Key Success Factors: Product Lifecycle Management, Enterprise Information Management, Application Management Services, CENIT Software
End of Fiscal Year: December 31^st

General data

	Total revenue	EBITDA	EBIT	Net Income	EPS in €	Dividend / share in €	Equity ratio in %	Employees	No. of shares
2019	171.71	15.24	9.20	6.96	0.82	proposal: 0.45	45.80	737	8,367,758
2018	169.99	11.95	9.03	6.13	0.73	0.60	49.40	757	8,367,758
2017	151.70	15.27	12.84	8.99	1.07	1.00	46.80	764	8,367,758
2016	123.77	14.06	11.85	8.15	0.97	1.00	56.20	615	8,367,758
2015	121.47	12.69	10.60	7.31	0.87	1.00	59.60	628	8,367,758
2014	123.39	11.66	9.33	6.36	0.76	0.90	58.80	659	8,367,758
2013	118.92	10.63	8.33	5.88	0.70	0.35	59.50	671	8,367,758
2012	118.85	11.04	8.02	5.42	0.65	0.55	58.70	675	8,367,758
2011	107.84	8.74	6.26	4.35	0.52	0.30	57.00	657	8,367,758
2010	93.17	5.74	3.97	3.01	0.36	0.15	58.00	634	8,367,758
2009	86.49	5.29	3.89	2.72	0.33	0.30	64.00	695	8,367,758
2008	83.36	6.19	4.78	3.33	0.40		64.00	721	8,367,758
2007	77.06	9.45	8.36	6.12	0.73	0.50	72.00	636	8,367,758
2006	82.36	11.14	10.19	8.40	1.00	0.50	62.00	576	8,367,758
2005	74.30	10.23	9.41	6.75	1.61	0.90	58.00	523	4,183,879
2004	74.91	8.19	7.53	3.90	0.93	0.30	49.00	466	4,183,879
2003	70.48	3.55	2.48	1.74	0.41		41.40	442	4,183,879
2002	94.00	2.26	-5.36	-7.39	-1.77		30.06	558	4,183,879
2001	118.90	-2.87	-7.80	-13.67	-3.28		34.50	649	4,183,879
2000	118.55	5.15	1.30	-0.60	-0.15		51.95	870	4,183,879
1999	79.50	7.49	3.21	5.90	0.80	0.25	61.44	440	4,000,000
1998	61.60	4.39	3.18	2.31	0.40	0.51	62.60	315	1,000,000

Figures in millions of euros, if not otherwise indicated
2006: Capital increase, Stock split 1:2
1999: Capital increase, Stock split 1:4

Directors' Dealings

Directors' dealings disclosures

Pursuant to Section 15a Para 4 of the German Securities Trading Act, CENIT AG is required to immediately disclose notifications provided by Management and Supervisory Board members, as well as people closely associated with them, regarding directors' dealings with shares of the company or related financial instruments.

2017

29.05.2017: Andreas Schmidt, Chairman of the Supervisory Board, Sell (OTC): 20,000 shares; Price: €22.20; Total volume: €444,000

2015

16.12.2015: Andreas Schmidt, Chairman of the Supervisory Board, Sell (OTC): 3,000 shares; Price: €21.35; Total volume: €64,050
11.12.2015: Andreas Schmidt, Chairman of the Supervisory Board, Sell (OTC): 5,000 shares; Price: €21.55; Total volume: €107,750
22.06.2015: Andreas Schmidt, Chairman of the Supervisory Board, Sell (OTC): 75,000 shares; €15.50; Total volume: €1,162,500

2013

10.10.2013: Matthias Schmidt, Member of the Management Board, Buy (XETRA): 670 shares; Price: €9.00; Total volume: €6,030.00

2012

02.08.2012: Christian Pusch, Member of the Management Board, Sell (XETRA): 8,000 shares; Price: €6.76; Total volume: €54,080.00

2011

03.05.2011: Andreas Karrer, Member of the Supervisory Board, Buy (STUTTGART): 1,000 shares; Price: €5.49; Total volume: €5,490.00
21.04.2011: Christian Pusch, Member of the Management Board, Buy (XETRA): 8,000 shares; Price: €5.174; Total volume: €41,392.00
21.04.2011: Kurt Bengel, Member of the Management Board, Buy (XETRA): 6,000 shares; Price: €5.19; Total volume: €31,140.00

2007

20.02.2007: Andreas Schmidt, Member of the Management Board until 31 July 2007, Sell (OTC): 100,000 shares; Price: €13.00; Total volume: €1,300,000.00

Dividend

Research reports

At present, three banks/research companies are producing research reports on CENIT. These concern recommendations put forth by Warburg Research GmbH, Hamburg and GBC AG, Augsburg and Mainfirst Bank AG, Frankfurt.