DGAP-Adhoc

MOLOGEN AG: Public rights offering of a convertible bond with purchase guarantee by major shareholder amounting to 60%

DGAP-Ad-hoc: MOLOGEN AG / Key word(s): Corporate Action
MOLOGEN AG: Public rights offering of a convertible bond with purchase
guarantee by major shareholder amounting to 60%

21-Dec-2016 / 20:33 CET/CEST
Disclosure of an inside information acc. 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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MOLOGEN AG - Public rights offering of a convertible bond with purchase
guarantee by major shareholder amounting to 60%

Berlin, December 21, 2016 - The Executive Board of MOLOGEN AG (ISIN
DE0006637200, SIN 663720) (hereinafter also referred to as "the company")
today resolved, with the approval of the Supervisory Board, to launch a
convertible bond issue with an aggregate face value of up to
EUR4,999,990.00, divided into up to 499,999 partial bonds of EUR10.00 each
with a maturity of January 19, 2025 ("convertible bond 2017/2025"), through
partial utilization of the authorization granted at the general meeting of
the company on August 13, 2014. The convertible bond 2017/2025 features a
fixed annual interest of 6% as well as the right of convertible bond
holders to convert the convertible bond 2017/2025 into a maximum of
3,124,994 shares of the company in total at a conversion price of EUR1.60.

The convertible bond 2017/2025 will be taken up by an issuing bank with the
obligation to offer it to shareholders of the company for subscription in a
68:1 ratio (each 68 shares entitle to subscribe to one partial bond) at an
offer price of EUR10.00 per partial bond within the subscription period.
Shareholders may exercise their subscription rights during the subscription
period, which is expected to last from December 28, 2016 up to (and
including) January 13, 2017. Further details will be provided in the rights
offering, which is scheduled for publication in the Federal Gazette on
December 27, 2016. From that date onwards, it will also be made available
on the company's website (www.mologen.com). Pursuant to legal regulations,
the company will not prepare and publish a prospectus pertaining to the
public offering of the convertible bond 2017/2025. Furthermore, the company
does not intend to arrange the convertible bond 2017/2025 for inclusion in