Ad-hoc | 18 May 2015 10:25
DF Deutsche Forfait AG / Key word(s): Corporate Action
18.05.2015 10:25
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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DF Deutsche Forfait AG publishes subscription offer for holders of the DF
bond 2013/2020
- Offer of 580 new registered shares per EUR 1,000 bond
- Subscription period from 19 May 2015 to 2 June 2015
Cologne, 18 May 2015 - On 18 May 2015, the Board of Management of DF
Deutsche Forfait AG decided, with the approval of the Supervisory Board, to
increase the company's share capital from EUR 6,800,000.00 by up to EUR
3,400,000.00 to up to EUR 10,200,000.00 against the contribution of bonds
held by the company's bondholders (ISIN: DE000A1R1CC4, WKN A1R1CC). The
capital will be increased through the issue of up to 3,400,000 new
registered shares representing EUR 1.00 of the share capital each. The
issue price per share is EUR 1.00. The new shares are entitled to profit
from the beginning of the financial year in which the non-cash capital
increase is entered in the company's Commercial Register. The capital
measure will be implemented in accordance with the authorization provided
for in Section 4 (4) of the company's Memorandum of Association as entered
in the Commercial Register of the Cologne District Court on 15 April 2015.
The new shares will indirectly be offered to the bondholders for
subscription. 580 new registered shares will be issued per EUR 1,000 bond.
The new shares will be subscribed by Bankhaus Neelmeyer in its capacity as
administrative trustee and central settlement agent for the bondholders
participating in the non-cash capital increase. The subscription period for
the new shares will run from 19 May 2015, 0:00 h to and including 2 June
2015, 24:00 h.
The non-cash capital increase will take the form of an ex-rights issue. The
justification of the exclusion of the subscription right arises from
Section 4 (4) of the Memorandum of Association, according to which the
subscription right may be excluded, in particular, in the case of a capital
increase against non-cash contributions. The capital increase from
Authorized Capital 2012 in the amount of up to 3,400,000 shares against
contribution of the bonds held by the company's bondholders is a key
element of a restructuring concept devised by the Board of Management with
the consent of the Supervisory Board.
The full subscription offer to the bondholders will be published in the
Federal Gazette on 18 May.
DF Deutsche Forfait AG
Christoph Charpentier
Kattenbug 18 - 24
50667 Cologne / Germany
T +49 221 97376-37
F +49 221 97376-60
E investor.relations@dfag.de
http://www.dfag.de
18.05.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: DF Deutsche Forfait AG
Kattenbug 18-24
50667 Köln
Germany
Phone: +49 (0)221 - 973 76 0
Fax: +49 (0)221 - 973 76 76
E-mail: dfag@dfag.de
Internet: www.dfag.de
ISIN: DE000A14KN88, DE000A1R1CC4,
WKN: A14KN8, A1R1CC
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
End of Announcement DGAP News-Service
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