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  221_7 88 77_ 0 Fax: +49  221_7 88 77_ 199 Email: firstname.lastname@example.org Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49  2154_ 81 22 16 Email: email@example.com
20-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
|Am Coloneum 2|
|Phone:||+49 (0)221 7 88 77 0|
|Fax:||+49 (0)221 7 88 77 199|
|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