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25 Jan 2018, Investors

Exercise of the convertible bond through HPE Pro Institutional Fund B.V. and two German Family Offices

In December 2017 and January 2018, the conversion right was exercised by HPE PRO Institutional Fund B.V. and two German family offices for a nominal amount of EUR 3,300,000.00.

Brunnthal/Munich, Germany, January 25, 2018 – The Management Board of SFC Energy AG (ISIN: DE0007568578), a leading international supplier of stationary and mobile hybrid-power supply solutions on the basis of fuel cells, had issued convertible bonds to three investors with a total nominal amount of EUR 3,300,000.00 in the period from December 2015 to March 2016 pursuant to the resolution adopted by the Annual General Meeting of SFC Energy AG on May 7, 2015. The convertible bonds were valued with an interest rate of 4.0% p.a. The issue price was fixed at 90.0% of the nominal amount. In addition, the convertible bonds offered an option right to no-par-value bearer shares of the Company with a pro-rata amount of the Company’s share capital of EUR 1.00 per share at a conversion price of EUR 6.10.

In December 2017 and January 2018, the conversion right was exercised by HPE PRO Institutional Fund B.V. and two German family offices for a nominal amount of EUR 3,300,000.00. As a result of the exercise of the convertible bond, the share capital of SFC Energy AG increased by EUR 540.936.00 from EUR 9,208,676.00 to 9,749,612.00. The total number of shares issued by the company rose accordingly to 9,749,612.

Dr. Peter Podesser, CEO of SFC Energy AG, comments:"By exercising the convertible bond, SFC Energy AG reduces its liabilities, associated financing costs and improves the balance sheet positions. We are very happy that HPE Growth Capital – as our largest shareholder – and two German family offices underline their confidence in SFC’s perspective by the conversion."

About SFC Energy Group

SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is a major supplier of methanol fuel cells, with over 41,000 methanol fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil and Gas, Security and Industry, and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard ((GSIN: 756857 ISIN: DE0007568578).

SFC Investor Relations

SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Fax +49 89 673 592-169
Email: [email protected]

CROSS ALLIANCE communication GmbH

Susan Hoffmeister
Tel. +49 89 89827227
Email: [email protected]

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