Enterprise Holdings Limited
Enterprise Holdings Limited: Enterprise Holdings Extends Buy-Back Program for Corporate Bond 2012/17 – Buy-back program extended until June 30, 2015 – Volume of up to EUR 2.0 million remains unchanged
Enterprise Holdings Limited / Key word(s): Bond Enterprise Holdings Extends Buy-Back Program for Corporate Bond 2012/17 – Volume of up to EUR 2.0 million remains unchanged The Executive Board of the Enterprise Holdings Limited (Enterprise) resolved the extension of the buy-back program, which was initiated on July 2, 2014 and expires on March 31, 2015, from March 31, 2015 to June 30, 2015 for the 7.00 % corporate bond (ISIN: DE000A1G9AQ4) issued on September 26, 2012. Up to date bonds with a volume of 15.000 euro were acquired. The total volume of buy-back program remains restricted to 2.0 million euro at maximum. The other conditions of the program remain unchanged.
Update on Special Account According to the terms and conditions of the bond, the issuer shall regularly deposit an amount in a specially designated bank account to secure the bond holders’ position. End of corporate news Enterprise Holdings Ltd. Group – an owner-lead insurance firm Bond issue 2012/17 Enterprise Holdings’ corporate bond 2012/17 is listed in the Entry Standard segment at Boerse Frankfurt (International Security Identification Number (ISIN): DE000A1G9AQ4). The follow-up rating in 2014, as well as in 2013, confirmed the A- rating that has been achieved in August 2012 when Enterprise Holdings issued a 35m euro bond. During the exchange offer that ended 26 March, 2015, holders of the bond exchanged 6.3m euro into the new bond 2015/20. Therefore the total volume of the bond 2012/17 now is 28.7m euro. For more information about the bond please visit our website, especially the section “Bond 2012/17” at www.enterprise-holdings.de Bond Investor Relations / Press IMPORTANT NOTE – Disclaimer This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of Enterprise Holdings Limited (“issuer”). A decision on an investment in the securities of the issuer may only be made on the basis of the securities prospectus (“prospectus”) which is approved by the Federal Financial Supervisory Authority (BaFin) and is published on the website www.enterprise-holdings.de. Only the information contained in the prospectus is binding in connection with the offer. This information may not be disseminated outside of Germany and Austria, in particular not in the United States, to US Persons according to regulation S of the US Securities Act of 1933 or to publications with a general circulation in the United States. Any person who fails to comply with these restrictions may violate the security laws of certain jurisdictions, in particular of the United States. Bonds in Enterprise Holdings Limited are not publicly offered outside of Germany and Austria. The Notes will not be registered under the Securities Act of 1933, or any applicable state or foreign securities laws, and are subject to substantial restrictions on transfer. In particular, the Notes may not be offered or sold in the U.S., or to or for the benefit of U.S. persons, absent registration under the Securities Act or an applicable exemption from the registration requirements of the Securities Act. 2015-04-01 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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