Ad hoc: Fyber N.V.: considers exchange offer to holders of convertible bond

Donnerstag, 06.09.2018 18:55 von DGAP - Aufrufe: 419

DGAP-Ad-hoc: Fyber N.V. / Key word(s): Bond/Miscellaneous Fyber N.V.: considers exchange offer to holders of convertible bond 06-Sep-2018 / 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.


Berlin, 6 September 2018 - Fyber (FSE: FBEN), Fyber N.V. ("Fyber" or the "Company") intends to explore different options to improve the capital structure of the Company. One option under consideration is the offering to the holders of its EUR 150,000,000 convertible bond which has a term until 27.07.2020 (ISIN XS1223161651, the "Bond") an opportunity to acquire new shares of the Company against payment of their Bonds (the "Offer"). The issue price for the new shares in the Company to be issued to the bondholders in the Offer is intended to be below the minimum issue price as currently provided for in the terms and conditions of the Bond, which as of now is EUR 3 per newly issued share. Fyber intends to invite the bondholders by way of a notice distributed through Clearstream and Euroclear to contact the Company.

Once the management board, with approval by the supervisory board, has determined that the Offer will be made by the Company, the details of the Offer will be announced. The Offer and the increase of the share capital of the Company in order to provide for sufficient available new shares for the Offer would require approval by the general meeting of shareholders. An extraordinary general meeting would be convened after the details of the Offer have been determined and announced.

The execution of the Offer or any other alternative option is subject to further consideration and final decision of the management and the supervisory board.

Notifying person: Yaron Zaltsman, CFO Investor Contact: Sabrina Kassmannhuber ir@fyber.com +49 30 609 855 555


06-Sep-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de


Language: English
Company: Fyber N.V.
Johannisstr. 20
10117 Berlin
Germany
Phone: +49 30 609 855 528
E-mail: governance@fyber.com
Internet: https://investors.fyber.com/
ISIN: NL0012377394
WKN: A2DUJD
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Tradegate Exchange
 
End of Announcement DGAP News Service

721371  06-Sep-2018 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=721371&application_name=news&site_id=ariva

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.



Kurse

  
Call auf Chevron Texaco Corp. [Lehman Brothers] Chart
0,20
-4,76%
Fyber N.V. Chart
68,00
0,00%
RNTS Media N.V. Chart