INTERSHOP Communications AG successfully places all shares from the capital increase with subscription rights

NOT FOR DISTRIBUTION, PUBLICATION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN THE USA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION MAY BE UNLAWFUL OR IN WHICH THE OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS RELEASE.

INTERSHOP Communications AG successfully places all shares from the capital increase with subscription rights

• Placement of 4,374,684 new shares
• Gross proceeds of around EUR 4.4 million
• Proceeds aimed at continued strategic development of the cloud business with focus on AI initiatives

Jena, 26 September 2025 – INTERSHOP Communications AG (ISIN: DE000A254211), a global provider of B2B commerce solutions for the upper mid-market in the manufacturing and wholesale sectors, has successfully completed the cash capital increase with subscription rights that was resolved and announced at the beginning of September 2025, placing a total of 4,374,684 new shares. Of these new shares, 3,153,868 were subscribed by existing shareholders through the exercise of their subscription rights, reflecting a subscription rate of around 72%. The remaining shares were subscribed by selected investors in a private placement, namely with three of the company’s anchor shareholders: Shareholder Value Beteiligungen AG, Sachs Assets GmbH and Value Focus Beteiligungs GmbH, as well as with two other long-standing shareholders. These anchor shareholders had previously agreed, under a backstop agreement, to exercise their subscription rights and acquire any remaining shares from the private placement.

Intershop will receive gross proceeds of around EUR 4.4 million from the capital increase. As previously announced, the proceeds will be used for the continued strategic development of the cloud business, with a particular focus on initiatives in artificial intelligence (AI). In addition, the corporate structure and processes will be optimized.

“The successful capital increase provides Intershop with additional financial resources for the strategic expansion of its cloud business,” says Markus Dränert, CEO of Intershop. “The newly gained scope for action will specifically support us in stepping up the implementation of our AI initiatives and will sustainably strengthen Intershop’s positioning in this area.”

Following entry of the capital increase in the commercial register, share capital will rise from EUR 14,582,291 to EUR 18,956,975. Once the entry in the commercial register is complete, the new shares will be delivered under the same ISIN as the existing shares (ISIN: DE000A254211) and included in the current listing. This is expected to take place during calendar week 43 in 2025. The capital increase was managed by mwb fairtrade Wertpapierhandelsbank AG as subscription agent.

About Intershop Communications AG:

Intershop Communications AG (founded in 1992, Prime Standard: ISHA) supports the world’s leading manufacturers and wholesalers in innovatively digitizing their sales. Intershop’s cloud-based e-commerce platform enables B2B companies to establish and expand their digital presence, create a consistently positive customer experience and thereby sustainably increase online revenues. With more than 30 years of experience in digital commerce and a global presence, we help over 300 customers turn products into revenues and permanently improve their customer relationships. Intershop is built to boost your business. Learn more at www.intershop.com/en.

 

Intershop press contact

Isabell Zeitz

ir@intershop.de

T: +49-3641-50-1000

 

Important notice

This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase or subscribe securities of INTERSHOP Communications Aktiengesellschaft in the United States, Germany or any other jurisdiction. In accordance with Art. 1 para. 4 subpara. 1 lit. db) pursuant to Annex IX of Regulation (EU) 2017/1129 (Prospectus Regulation), the subscription offer is made without a securities prospectus. An information document containing the information specified in Annex IX to the Prospectus Regulation was published, however. This information document and the subscription offer are available for download on the company’s website (https://intershop.com/de/investors). Each shareholder is required to inform himself about INTERSHOP Communications AG and its securities prior exercising the subscription rights. The information contained in this announcement is for background purposes only and no claim to completeness is made. No reliance may be placed, for any purpose, on the information contained in this announcement or its accuracy or completeness. The information contained in this announcement is subject to change.

This notification may not be distributed or released directly or indirectly in the United States of America or within the United States of America (including its territories or premises, a state or the Districts of Columbia) and may not be distributed to "U.S. persons" (as defined in Regulation S des U.S. Securities Act of 1933 of its respectively current version ("Securities Act")) or passed on to publications with a general distribution in the United States of America. This announcement does not constitute an offer respectively an invitation to issue an offer for the sale or subscription of securities in the United States nor is it part of such offer or invitation. Securities have not been and will not be registered under the provisions of the Securities Act and may only be sold or offered for sale in the United States of America with prior registration under the provisions of the Securites Act in its currently valid version or, without prior registration, only on the basis of an exemption. INTERSHOP Communications AG does not intend to conduct a public offering of shares in the United States of America.

Subject to certain exceptions under applicable securities laws, the securities referred to in this announcement may not be offered or sold in Canada, Australia or Japan or to, or for the account or benefit of, any national, resident or citizen of Canada, Australia or Japan. No action has been taken that would permit an offering of the securities or their subscription or the distribution of this announcement in any jurisdiction where such offering, subscription or distribution is prohibited. Persons who obtain this announcement are required to inform themselves about any potential restrictions and to observe any such restrictions.