DGAP-Adhoc: SPORTTOTAL AG approves convertible bond issue

2021. május 20., csütörtök, 18:53





DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Bond


SPORTTOTAL AG approves convertible bond issue


20-May-2021 / 18:53 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


The issuer is solely responsible for the content of this announcement.




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.


The bonds will be offered to qualified institutional investors by way of a private placement.




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




1199097  20-May-2021 CET/CEST







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