DGAP-Adhoc

ALNO AG issues a convertible bond to Shun Hing Electric Works & Engineering Company Limited, Hong Kong

ALNO AG / Key word(s): Corporate Action

18.11.2015 15:34

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc disclosure in accordance with §15 WpHG
German Securities Trading Act)


ALNO AG issues a convertible bond to Shun Hing Electric Works & Engineering
Company Limited, Hong Kong


- Consequently, the Shun Hing Group will in future hold up to 9.1% of the
share capital in case the convertible bond is converted in full

- Moreover, Shun Hing purchases 2.7% of the existing share capital
off-market

- ALNO AG receives about EUR 5.7 million from the convertible bond


Pfullendorf, November 18,2015 ALNO AG has gained Shun Hing Electric Works
& Engineering Company, Limited, Hong Kong China, ("Shun Hing") as another
investor. Today, Shun Hing has been committed itself by signing an
investment agreement to subscribe a convertible bond with the nominal value
of EUR 5.7 million. The convertible bond will be issued under the exclusion
of subscription rights of existing shareholders by ALNO AG and is
convertible into up to 5,400,000 shares from ALNO's conditional capital. In
addition Shun Hing informed ALNO that 2 million shares have been acquired
off-market at the same time, and thereby holds 2.7 percent of the share
capital of ALNO AG. Consequently, if the convertible bond is converted
into shares in full, Shun Hing will in future hold 9.1 percent of the share
capital of ALNO AG overall. The share issue provides ALNO AG with liquid
funds amounting to about EUR 5.7 million in total. Shun Hing and ALNO have
already been working together successfully for more than two years. Shun
Hing sells ALNO products exclusively in Hong Kong and Macao, where it
manages an ALNO flagship store offering a holistic kitchen solution to
customers.


Issuer:

ALNO AG
Heiligenbergerstrasse 47
88629 Pfullendorf, Germany
ISIN: DE0007788408; DE000A1R1BR4
Securities identification number: 778840; A1R1BR
Exchanges: Regulated market in Frankfurt (General Standard), Stuttgart;
regulated unofficial market in Berlin, Düsseldorf, Frankfurt, Munich


Legal note:
This ad hoc release may contain certain forward-looking statements that are
based on current assumptions and prognoses made by the corporate management
of ALNO AG or its affiliated companies. Various known and unknown risks and
uncertainties as well as other factors may lead to significant deviations
in the actual results, financial position, development or performance of
ALNO AG and its affiliated companies from the opinions and estimates
provided here. Neither ALNO AG nor its affiliated companies are under any
obligation to update such forward-looking statements or to revise them in
light of future events or developments.


Contact:

Jürgen Schulze-Ferebee

Head of Corporate Communications & Investor Relations

ALNO AG
Heiligenbergerstrasse 47
88629 Pfullendorf, Germany
Tel.: +49 / 75 52 / 21 - 33 16
Fax: +49 / 75 52 / 21 - 77 3316
Email: [e-mail]
www.alno.de


18.11.2015 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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Language: English
Company: ALNO AG
Heiligenberger Straße 47
88630 Pfullendorf
Germany
Phone: [phone]
Fax:
E-mail: [e-mail]
Internet: www.alno.de
ISIN: DE0007788408, DE000A1R1BR4
WKN: 778840, A1R1BR
Listed: Regulated Market in Frankfurt (General Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Munich

End of Announcement DGAP News-Service

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