SFC Energy AG issues Convertible Bond 2015/2018 of EUR 1,650,000.00

SFC Energy AG / Key word(s): Corporate Action
18.12.2015 12:55

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.

SFC Energy AG - Ad-hoc - ISIN DE0007568578

SFC Energy AG issues Convertible Bond 2015/2018 of EUR 1,650,000.00
Brunnthal/München, Deutschland, December 18, 2015 - Based on the resolution of the ordinary general meeting of 7 May 2015, the Management Board of SFC Energy AG (the Company) has resolved, with the approval of its Supervisory Board, to issue a convertible bond in the initial aggregate amount of EUR 1,650,000.00 with a term of three years until 2018. The convertible bond will be divided into bonds in bearer form with a nominal amount of EUR 50,000.00. The shareholders' subscription rights were excluded. The total nominal amount can be increased up to EUR 5,000,000.00 subject to a further resolution by the Management Board by way of a tap issue.
The partial convertible bonds shall bear interest on their principal amount at the rate of 4.0 % per annum, payable semi-annually. The issue price was set at 90.0 % of the nominal value. Each partial convertible bond has attached to it a conversion right granting the right to acquire shares in the Company each with a notional amount of EUR 1.00 in the share capital at a conversion price of EUR 6.10. This is a conversion premium of 36.0 % based on yesterday's closing price of the shares of the Company.
The partial convertible bonds were subscribed by existing investors by way of a private placement. The inclusion of the bond in open market trading of the Frankfurt Stock Exchange is planned.

SFC Energy AG
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]

18.12.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:     English
Company:      SFC Energy AG
              Eugen-Saenger-Ring 7
              85649 Brunnthal
Phone:        +49 (89) 673 592 - 100
Fax:          +49 (89) 673 592 - 169
E-mail:       [email protected]
Internet:     www.sfc.com
ISIN:         DE0007568578
WKN:          756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart  
End of Announcement DGAP News-Service