Ad-hoc | 20 May 2021 18:53
SPORTTOTAL AG approves convertible bond issue
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SPORTTOTAL AG / Key word(s): Bond
SPORTTOTAL AG approves convertible bond issue Cologne, 20 May 2020. The Management Board of SPORTTOTAL AG (the “Company”), with the approval of the Supervisory Board, has today passed a resolution to issue a convertible bond from conditional capital, under exclusion of shareholders’ subscription rights.
The Management Board and Supervisory Board of SPORTTOTAL AG have today passed a resolution to issue a convertible bond of up to EUR 3,094,000.00 with a five -year maturity and an interest rate of 8.5% p.a. (“
Convertible Bond
“). The Convertible Bond is divided into up to 3,094 fractional bonds, each of which entitles the holder to subscribe to 1,000 new shares in the Company after a waiting period.
Contact: Company: SPORTTOTAL AG Am Coloneum 2 50829 Köln Germany www.sporttotal.com Tel: +49 [0] 221_7 88 77_ 0 Fax: +49 [0] 221_7 88 77_ 199 Email: info@sporttotal.com Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49 [0] 2154_ 81 22 16 Email: weitzel@kommunikation-bsk.de
20-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | SPORTTOTAL AG |
| Am Coloneum 2 | |
| 50829 Köln | |
| Germany | |
| Phone: | +49 (0)221 7 88 77 0 |
| Fax: | +49 (0)221 7 88 77 199 |
| E-mail: | info@sporttotal.com |
| Internet: | www.sporttotal.com |
| ISIN: | DE000A1EMG56 |
| WKN: | A1EMG5 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1199097 |
| End of Announcement | DGAP News Service |