Sporttotal AG - Capital/Financing Update 2021

News Details

Ad-hoc | 20 May 2021 18:53

SPORTTOTAL AG approves convertible bond issue

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 [0] 221_7 88 77_ 0

Fax: +49 [0] 221_7 88 77_ 199 Email: [email protected]

Investor Relations:

BSK Becker+Schreiner Kommunikation GmbH

Tobias M. Weitzel

Tel.: +49 [0] 2154_ 81 22 16

Email: [email protected]

20-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.dgap.de


Language:	English
Company:	SPORTTOTAL AG
	Am Coloneum 2
	50829 Köln
	Germany
Phone:	+49 (0)221 7 88 77 0
Fax:	+49 (0)221 7 88 77 199
E-mail:	[email protected]
Internet:	www.sporttotal.com
ISIN:	DE000A1EMG56
WKN:	A1EMG5
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID:	1199097