SFC Energy AG - Capital/Financing Update 2017

News Details

Ad-hoc | 4 August 2017 01:35

SFC Energy AG: SFC Energy AG issues secured fixed rate bond and option bond with Harbert European Growth Capital Fund

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

04-Aug-2017 / 01:35 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, 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 secured fixed rate bond and option bond with Harbert European Growth Capital Fund

Brunnthal/Munich, August 4, 2017 – The Management Board of SFC Energy AG

(the Company) yesterday, with approval of its Supervisory Board from the same day, agreed on a financing concept with Harbert European Growth Capital Fund comprising the issuance of a secured fixed rate bond ( Schuldverschreibung ) with a nominal amount of EUR 4,997,500.00, the provision of collateral and the issuance of an option bond.

The secured fixed rate bond has a nominal amount of EUR 4,997,500.00 and shall amortize on a straight line basis with a final maturity date of December 31, 2018. The option bond was issued to Harbert on the basis of the resolution of the ordinary general meeting of the Company of June 14, 2016, by way of private placement under exclusion of the shareholders’ subscription rights.

The option bond has a nominal amount of EUR 2,500.00, a term until 2022 and shall bear interest on their principal amount at the rate of 4.0% per annum. The issue price was set at 100% of the nominal value. The option bond has attached to it option rights granting the right to acquire 204.700 no-par-value bearer shares of the Company each with a notional amount of EUR 1.00 in the share capital at an option price of EUR 3,6639.

The Company has received gross proceeds in the amount of EUR 5.0 million. The cash inflow from the capital measure is intended to be used for the repayment of loans, to further strengthen the liquidity base and the international roll out of the business.

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]

04-Aug-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	SFC Energy AG
	Eugen-Saenger-Ring 7
	85649 Brunnthal
	Germany
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, Tradegate Exchange