SLM Solutions Group AG

  • WKN: A11133
  • ISIN: DE000A111338
  • Land: Deutschland

Nachricht vom 27.07.2021 | 17:01

SLM Solutions Group AG: Release according to Article 50 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

SLM Solutions Group AG / Publication pursuant to Section 50 (1) sentence 1 no. 1 a) of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG)
27.07.2021 / 17:01
Dissemination of a Post-admission Duties announcement according to Article 50 Para. 1, No. 1a WpHG transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

SLM Solutions Group AG

Luebeck, Germany

ISIN DE000A111338 (Share)

ISIN DE000A3H3HP1 (Convertible Bond 2021/2026)

Publication pursuant to Section 50 (1) sentence 1 no. 1 a) of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG)

Publication regarding the EUR 15 million 2,00% Convertible Bond 2021/2026 (ISIN: DE000A3H3HP1) (the "Convertible Bond 2021/2026") issued by SLM Solutions Group AG (the "Issuer"), divided into 15,000 bonds in bearer form ranking pari passu among themselves with a denomination of EUR 1,000.00 each (the "Bonds 2021/2026")

Luebeck, 27 July 2021. In a vote without meeting held in the period from Friday, 23 July 2021, 0:00 hours (CEST), to Monday, 26 July 2021, 24:00 hours (CEST), the holders of the Bonds 2021/2026 (the "Bondholders") have resolved, in accordance with the resolution proposal made by the Issuer, to move forward the date from which Bondholders are able to convert Bonds 2021/2026 into shares of the Issuer. More specifically, the resolved amendments to the terms and conditions of the Convertible Bond 2021/2026 (the "Terms and Conditions") provide that the date from which an extraordinary conversion (i.e., a conversion of Bonds 2021/2026 in an aggregate principal amount of at least EUR 50,000) is possible is moved forward to 1 September 2021 and the first quarterly conversion date (which is relevant for conversions of Bonds 2021/2026 in an aggregate principal amount of less than EUR 50,000) is moved forward to 25 October 2021.

In detail, the Bondholders have resolved the following amendments to the Terms and Conditions:

"§ 1(c) of the Terms and Conditions of the Convertible Bond 2021/2026 is amended in the German language version and the (non-binding) English language version as follows:

In the definition of the term "Sonderwandlung", in limb (i), "1. Juli 2022" is replaced by "1. September 2021". Correspondingly, in the definition of the term "Extraordinary Conversion", in limb (i), "1 July 2022" is replaced by "1 September 2021".

In the definition of the term "Vierteljährlicher Wandlungstag" "25. Juli 2022" is replaced by "25. Oktober 2021". Correspondingly, in the definition of the term "Quarterly Conversion Date" "25 July 2022" is replaced by "25 October 2021".

In the definition of the term "Wandlungszeitraum", in limb (v), "1. Juli 2022" is replaced by "1. September 2021". Correspondingly, in the definition of the term "Conversion Period", in limb (v), "1 July 2022" is replaced by "1 September 2021"."

SLM Solutions Group AG

- The Management Board -



27.07.2021 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Kaufen: Aspermont Limited hat Turnaround abgeschlossen

Aspermont Limited ist der weltweit führende Anbieter von Business-to-Business-Medien (B2B) für den Rohstoffsektor. Mit einem neuen Management hat das Unternehmen seit 2016 den erfolgreichen Turnaround von einem traditionellen Medienunternehmen zu einem digitalen B2B-XaaS-Geschäftsmodell umgesetzt. Das Unternehmen hat diesen Turnaround im GJ 2020 abgeschlossen, als es sein erstes positives EBITDA-Ergebnis verzeichnete. Auf der Grundlage unseres DCF-Modells haben wir ein Kursziel von 0,09 AUD (0,06 Euro) pro Aktie ermittelt und vergeben das Rating KAUFEN.

News im Fokus

Vonovia SE: Vonovia verkauft Berliner Wohnungsbestände aus dem Zukunfts- und Sozialpakt Wohnen

17. September 2021, 12:40

Aktueller Webcast

Stealth BioTherapeutics

Cantor Global Healthcare Conference Fireside Chat

30. September 2021

Aktuelle Research-Studie

CR Capital AG

Original-Research: CR Capital AG (von First Berlin Equity Research GmbH): Buy

17. September 2021