DO & CO AG — Capital/Financing Update 2025

Jan 31, 2025

News-Service of the pressetext news agency Josefstädter Straße 44, 1080 Vienna, Austria, phone: +43 1 81140-0

Publication: 31.01.2025 15:55 Source: https://www.pressetext.com/news/20250131033 Keywords: Notice

Change of law concerning shares according to article 138 BörseG

DO & CO Aktiengesellschaft: Notice to Bondholders of the DO & CO 1.75% Convertible Bonds due 2026

Vienna (pta033/31.01.2025/15:55 UTC+1)

DO & CO Aktiengesellschaft: DO & CO gives notice of early redemption of its EUR 100m 1.75% convertible bonds due 2026 as of 21 March 2025 ("Clean-up Call") (ISIN AT0000A2N7T2)

Conversion of convertible bonds still possible up to 20 February 2025

Capitalised terms not otherwise defined below shall have the same meanings ascribed to them in the Terms and Conditions of the Bonds.

NOTICE OF CLEAN-UP CALL

In January 2021, DO & CO Aktiengesellschaft (the "Company") has issued 1.75% convertible bonds maturing on 28 January 2026 with an aggregate principal amount of EUR 100 million divided into 1,000 convertible bonds with a denomination of EUR 100,000 each (the "Bonds").

Since then, holders of Bonds converted Bonds with an aggregate principal amount of EUR 99.5m into 1,239,458 bearer shares of the Company, so that Bonds with an aggregate principal amount of EUR 500,000.00 are currently still outstanding. The aggregate principal amount of the outstanding Bonds, therefore, is less than 20 per cent of the aggregate principal amount of the Bonds originally issued.

The Company gives notice to hereby irrevocably exercise its termination and redemption right pursuant to § 5 (c) of the Terms and Conditions of the Bonds (the "Clean-up Call") with effect on 21 March 2025 (the "Redemption Date") in order to redeem, on the Redemption Date, the remaining outstanding Bonds in the aggregate principal amount of EUR 500,000.00 against cash at their Principal Amount (i.e. EUR 100,000.00 per Bond) plus accrued interest up to (but excluding) the Redemption Date.

The holders of Bonds are entitled, irrespective of the termination of the Bonds (Clean-up Call), to exercise their conversion rights until 4:00 p.m. Vienna time on 20 February 2025 at the latest in accordance with § 8 (a) and (b) of the Terms and Conditions of the Bonds at the respective current conversion price. The conversion price of the Bonds is currently EUR 79.9790. The closing price of the Company's shares on the Vienna Stock Exchange on 30 January 2025 was EUR 192.00 per share.

Legal Notice

This announcement does not constitute an offer for a sale of securities or a solicitation of an offer to purchase securities of the Company. This announcement is not intended for direct or indirect publication, distribution or release in or into the United States of America, Australia, Canada, Japan, South Africa or any jurisdiction in which offers or sales of the securities would be prohibited by applicable laws.

Emitter:	DO & CO Aktiengesellschaft Stephansplatz 12 1010 Wien Austria
Contact Person:	Mag. Sarah Felderer
Phone:	+43 664 80 777 1369
E-Mail:	sarah.felderer@doco.com
Website:	www.doco.com

ISIN(s):	AT0000818802 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London, Istanbul

News transmitted by pressetext. The emitter is responsible for the content.