DGAP-Adhoc

Scholz Holding GmbH: All conditions for the payment of EUR 16,001,600 under the bond have been met and such payment to the paying agent is envisaged to be made by 31 August 2016

Scholz Holding GmbH / Key word(s): Bond

24.08.2016 19:15

Disclosure of an inside information according to Article 17 MAR,
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 Release Scholz Holding GmbH

London, 24 August 2016

All conditions for the payment of EUR 16,001,600 under the bond have been
met and such payment to the paying agent is envisaged to be made by 31
August 2016

Following the signing of the third amendment agreement to the terms and
conditions of the EUR 182.5m bond 2012-2017 on 22 August 2016 and as a
result of the fulfilment of certain further condition precedents
thereafter, it is envisaged that a payment of EUR 16,001,600 (under so
amended terms and conditions of the bond) is to be made to the paying agent
by 31 August for on-payment to the central securities depositary and
thereafter to the respective account holders. In particular, the so amended
terms and conditions provide that after such payment the remaining claims
under the bond mostly will be released except for the right to receive a
further EUR 5,801,675 one-time payment in the event that certain EBITDA
thresholds will be reached for either of the financial years 2016 or 2017.

Contact details:
Frank Elsner Kommunikation für Unternehmen GmbH
Frank Elsner
Tel.: [phone]
E-Mail: [e-mail]


24.08.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Scholz Holding GmbH
Office Number: 610, 68 King William Street
EC4N 7DZ London
United Kingdom
Phone: [phone]
Fax:
E-mail: [e-mail]
Internet: www.scholz-group.com
ISIN: AT0000A0U9J2
WKN: A1MLSS
Listed: Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart;
Open Market in Frankfurt ; Wien (Geregelter Freiverkehr /
Second Regulated Market)

End of Announcement DGAP News-Service

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