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    DGAP-News  492  0 Kommentare Activa Resources redeems two corporate bonds


    DGAP-News: Activa Resources AG / Key word(s): Bond
    Activa Resources redeems two corporate bonds

    05.12.2014 / 08:30

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    Activa Resources redeems two corporate bonds

    - EUR 2.15 million redeemed at maturity on 4th December 2014

    - 40% of 2011/2014 convertible bond has been converted since issue date

    - 2014 conversions result in increase in nominal capital from EUR 5.20
    million to EUR 5.47 million

    - EUR 3.48 million currently outstanding in 2013/2017 bond

    Bad Homburg, 5. December 2014. Activa Resources AG, an independent oil and
    gas producer, has redeemed two maturing bonds totalling EUR 2.15 million on
    4th December 2014, comprising an outstanding amount of EUR 0.39 million of
    the 8% corporate bond 2010/2014 and EUR 1.76 million of the 8% convertible
    bond 2011/2014. In addition, Activa bought EUR 0.35 million in the bonds
    prior to maturity through market purchases.

    Since the 2011 issuance of the convertible bond approx. EUR 1.25 million or
    40% of the original issue amount have been converted into 0.63 million new
    shares at EUR 2 per share.

    Activa's nominal share capital will rise from EUR 5.20 million to EUR 5.47
    million (5.47 million shares outstanding) as a result of bond conversions
    in 2014. The increase will be recorded with the Bad Homburg corporate
    register in due course. The bond redemption was financed via private
    placements of the Activa Resources AG 8% corporate bond 2013/2017 and the
    company's credit facilities.

    Following the redemption of the two bonds the only outstanding Activa
    Resources AG bond is the aforementioned 2013/2017 bond, whose volume now
    stands at EUR 3.48 million. The bond can be increased to EUR 5 million.

    The Management Board

    About Activa Resources AG
    Activa Resources AG is an independent oil and gas company which focuses on
    the acquisition, development and exploitation of oil and natural gas
    properties. Activa Resources AG is listed on the Frankfurt stock exchange
    and is based in Bad Homburg, Germany. The company's management and
    technical team comprise oil industry experts with many years operational
    experience at major international oil companies. Further information can be
    found at www.activaresources.com.
    Forward-looking statements
    This news release includes forward-looking statements. Forward-looking
    statements include, but are not limited to, statements concerning estimates
    of expected drilling and development wells and associated costs, statements
    relating to estimates of, and increases in, production, cash flows and
    values and other statements which are not historical facts. When used in
    this document, the words such as "could," "plan," "estimate", "expect",
    "intend", "may", "potential", "should" and similar expressions are
    forward-looking statements. Although Activa believes that its expectations
    reflected in these forward-looking statements are reasonable, such
    statements involve risks and uncertainties and no assurance can be given
    that actual results will be consistent with these forward-looking
    statements. Important factors that could cause actual results to differ
    from these forward-looking statements include the potential that the
    Company's projects will experience technological and mechanical problems,
    that geological conditions in the reservoir may not result in commercial
    levels of oil and gas production, that changes in product prices can have a
    material impact and that Activa fails to raise sufficient capital to
    adequately fund its activities.

    Company contact Investor Relations contact
    Activa Resources AG GFEI Aktiengesellschaft
    Hessenring 107 Am Hauptbahnhof 6
    61348 Bad Homburg 60329 Frankfurt
    Germany Germany
    www.activaresources.com www.gfei.de
    Phone: +49 (0)6172-483 2352 Phone: +49 (0)69-7430 3700
    FAX: +49 (0)6172-483 2353 FAX: +49 (0)69-7430 3722
    lah@activaresources.com activa-resources@gfei.de



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    05.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
    service of EQS Group AG.
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    DGAP-News Activa Resources redeems two corporate bonds DGAP-News: Activa Resources AG / Key word(s): Bond Activa Resources redeems two corporate bonds 05.12.2014 / 08:30 --------------------------------------------------------------------- Activa Resources redeems two corporate bonds - EUR 2.15 …