SFC Energy AG - Capital/Financing Update 2018

News Details

Corporate | 25 January 2018 10:02

SFC Energy AG: Exercise of the convertible bond through HPE Pro Institutional Fund B.V. and two German Family Offices

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous

25.01.2018 / 10:02

The issuer is solely responsible for the content of this announcement.

SFC Energy AG – Corporate News

SFC Energy AG: Exercise of the convertible bond through HPE Pro Institutional Fund B.V. and two German Family Offices

Brunnthal/Munich, Germany, January 25, 2018 – The Management Board of SFC Energy AG (ISIN: DE0007568578), a leading international supplier of stationary and mobile hybrid-power supply solutions on the basis of fuel cells, had issued convertible bonds to three investors with a total nominal amount of EUR 3,300,000.00 in the period from December 2015 to March 2016 pursuant to the resolution adopted by the Annual General Meeting of SFC Energy AG on May 7, 2015. The convertible bonds were valued with an interest rate of 4.0% p.a. The issue price was fixed at 90.0% of the nominal amount. In addition, the convertible bonds offered an option right to no-par-value bearer shares of the Company with a pro-rata amount of the Company’s share capital of EUR 1.00 per share at a conversion price of EUR 6.10.

In December 2017 and January 2018, the conversion right was exercised by HPE PRO Institutional Fund B.V. and two German family offices for a nominal amount of EUR 3,300,000.00. As a result of the exercise of the convertible bond, the share capital of SFC Energy AG increased by EUR 540.936.00 from EUR 9,208,676.00 to 9,749,612.00. The total number of shares issued by the company rose accordingly to 9,749,612.

Dr. Peter Podesser, CEO of SFC Energy AG, comments:”By exercising the convertible bond, SFC Energy AG reduces its liabilities, associated financing costs and improves the balance sheet positions. We are very happy that HPE Growth Capital – as our largest shareholder – and two German family offices underline their confidence in SFC’s perspective by the conversion.”

About SFC Energy Group

SFC Energy AG is a leading provider of hybrid solutions to the stationary and portable power generation markets. SFC is the number one supplier of fuel cells, with over 38,000 fuel cells sold to date. The Company has award-winning products and serves a range of applications in the Oil & Gas, Security & Industry and Consumer markets. The Company is headquartered in Brunnthal/Munich, Germany, operates production facilities in the Netherlands, Romania, and Canada, and sales offices in the U.S and Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN: 756857 ISIN: DE0007568578).

SFC 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]

Web: www.sfc.com

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

Tel. +49 89 89827227

Email: [email protected]

Web: www.crossalliance.de

25.01.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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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