Ekotechnika AG
Ekotechnika GmbH implements resolutions adopted by second bondholders’ meeting
DGAP-News: Ekotechnika GmbH / Key word(s): Restructure of Company/Bond Ekotechnika GmbH implements resolutions adopted by second bondholders’ meeting
At the bondholders’ meeting on 6 May 2015, the bondholders resolved, in particular, to transfer their bonds (ISIN DE000A1R1A18) to the settlement agent to receive, in return, one equity acquisition right per EUR 1,000 nominal value of the bond (plus accrued interest). The equity acquisition right constitutes the right to either acquire 25.65 New Series A Shares in the company (after conversion into a stock company) or receive the cash settlement from the sale of the corresponding shares. Ekotechnika is taking all measures required to implement the exchange of notes for Ekotechnika shares (debt-to-equity swap) resolved by the bondholders in a timely manner. Ekotechnika has designated WGZ BANK AG Westdeutsche Genossenschafts-Zentralbank, Düsseldorf, to act as the settlement agent. To technically implement the transaction, the Ekotechnika bond will, after consultation with the institutions involved, be suspended from trading probably at the end of Wednesday, 21 October 2015. The equity acquisition right (ISIN DE000A169RS9) will be booked in the bondholders’ depository accounts on 28 October 2015 on the basis of the bondholdings on 27 October 2015 (evening), with the bond simultaneously removed from the account. About Ekotechnika Contact Media / Investor Relations
2015-10-16 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 |
Language: | English | |
Company: | Ekotechnika GmbH | |
Johann-Jakob-Astor-Str. 49 | ||
69190 Walldorf | ||
Germany | ||
Phone: | +49 (0) 6227 3 58 59 60 | |
E-mail: | info@ekotechnika.de | |
Internet: | www.ekotechnika.de | |
ISIN: | DE000A1R1A18 | |
WKN: | A1R1A1 | |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart (bondm); Open Market in Frankfurt | |
End of News | DGAP News Service |
403363 2015-10-16 |