Notice of Dividend Amount • Jul 25, 2011
Notice of Dividend Amount
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Corporate | 25 July 2011 12:49
Südzucker AG Mannheim/Ochsenfurt: Adaptation of conversion ratio and conversion price for dividend payment 2010/2011
Südzucker AG Mannheim/Ochsenfurt / Key word(s): Bond/Bond
25.07.2011 / 12:49
Südzucker AG Mannheim/Ochsenfurt on behalf of
Südzucker International Finance B V, Oud-Beijerland:
Adaptation of conversion ratio and conversion price for dividend payment 2010/2011
EUR 283,450,00 2.50% Convertible bond due 2016 with conversion right into ordinary bearer shares (non-par value shares) of Südzucker AG
– WKN A1AJLE – ISIN DE000A1AJLE6 –
Notice according to Article 10 (13) and Article 18 of terms and conditions related to Article 10 (4) B of terms and conditions
The Annual General Meeting of Südzucker AG on 21 July 2011 has resolved a cash dividend of EUR 0.55 per share of Südzucker AG for financial year 2010/2011.
Hereby Südzucker AG Mannheim/Ochsenfurt announces on behalf of Südzucker International Finance B V, Oud-Beijerland, that conversion price of the convertible bond is being adjusted due to a cash dividend according to Article 10 (4) B and Article 10 (11) of the terms and conditions. According to Article 10 (12) of terms and conditions there is a cash dividend of EUR 0.55 per Südzucker AG ordinary share for financial year 2010/2011. This results in an adjustment of conversion price of so far EUR 17.8454 (prior conversion price) to now EUR 17.4627 (adjusted conversion price). Accordingly conversion ratio is being adjusted from 2,801.8394 shares per bond (prior conversion ratio) to now 2,863.2480 shares per bond (adjusted conversion ratio).
Mannheim, July 2011
Südzucker Aktiengesellschaft, Mannheim/Ochsenfurt
End of Corporate News
25.07.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
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| Language: | English |
| Company: | Südzucker AG Mannheim/Ochsenfurt |
| Maximilianstr. 10 | |
| 68165 Mannheim | |
| Germany | |
| Phone: | +49 (0)621 – 421-530 |
| Fax: | +49 (0)621 – 421-7530 |
| E-mail: | [email protected] |
| Internet: | www.suedzucker.de |
| ISIN: | DE0007297004, DE0008461021 DE0001780807 DE000A0AABH1 XS0222524372 |
| WKN: | 729700, 846102, 178080, A0AABH, A0E6FU, |
| Listed: | Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München, Stuttgart; Freiverkehr in Hannover |
| End of News | DGAP News-Service |
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| 133011 25.07.2011 |
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