SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
31.01.2020 / 16:33
The issuer is solely responsible for the content of this announcement.

SFC Energy AG - Corporate News

SFC Energy AG: Harbert European Growth Capital Fund exercises option bond issued in August 2017

Brunnthal/Munich, Germany, January 31, 2020 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, had issued an option bond on August 4, 2017, pursuant to the resolution adopted by the shareholders of SFC Energy AG at their annual meeting on June 14, 2016. This option bond offered an option right to 204,700 shares of SFC Energy at an option price of EUR 3.6639, each with a pro-rata amount of EUR 1.00 per share of SFC Energy AG's share capital.

Harbert European Growth Capital Fund has now exercised this option, with SFC Energy AG receiving gross proceeds of approx. EUR 0.75 million. The inflow of funds is intended to strengthen the company's liquidity base. The option bond exercise has increased SFC Energy AG's share capital from from EUR 12,949,612.00 to EUR 13,154,312.00. The total number of SFC Energy AG shares issued increased accordingly to 13,154,312 shares.

About SFC Energy Group
SFC Energy AG is a leading provider of direct methanol and hydrogen fuel cells for stationary and mobile hybrid power solutions. With more than 45,000 fuel cells sold worldwide, SFC Energy is a sustainably profitable fuel cell producer. The Company has award-winning products and serves a range of applications in Clean Energy & Mobility, Defense & Security, Oil & Gas and Industry 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).

IR Contact:

SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Email: ir@sfc.com
Web: www.sfc.com

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: crossalliance.de



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