EQS-Adhoc

HOCHDORF Holding AG: Successful placement of mandatory convertible securities

EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Capital Increase HOCHDORF Holding AG: Successful placement of mandatory convertible securities 28-March-2017 / 18:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 KR NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA

HOCHDORF Group Press Release: Successful placement of mandatory convertible securities

Closing of the Offering

Hochdorf, 28 March 2017 - HOCHDORF Holding AG successfully completes the placement of the mandatory convertible securities. Existing shareholders widely exercised their advance subscription rights.

HOCHDORF Holding AG successfully completed the placement of the mandatory convertible securities in the aggregate amount of CHF 218,490,000 with Neue Helvetische Bank AG acting as Lead Manager. A tranche of CHF 131,005,000 of the mandatory convertible securities were reserved for the partial financing of the 51% stake in the Pharmalys Group.

Furthermore, the existing shareholders subscribed to 44.8% of the remaining mandatory convertible securities in the amount of CHF 87,485,000 by exercising their advanced subscription rights. The mandatory convertible securities that were not subscribed for by existing shareholders were purchased by ZMP Invest AG, Luzern (CHF 36.2 million) and by Innovent Holding AG, Wollerau (CHF 12.1 million).

Provisional trading of the mandatory convertible securities on SIX Swiss Exchange will start on 30 March 2017, which is also the settlement date.

 

Disclaimer

This document does not constitute an offer to buy or to subscribe for securities or shares of HOCHDORF Holding AG nor a prospectus within the meaning of Articles 652a or 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the Listing Rules of SIX Swiss Exchange. Investors should make their decision to buy or exercise securities solely based on the prospectus dated 10 March 2017 which is available free of charge from Neue Helvetische Bank AG, Zurich, Switzerland (telephone: [phone]; email: [e-mail]) and HOCHDORF Holding AG (telephone: [phone], email: [e-mail]). Investors are furthermore advised to consult their bank or financial adviser before making any investment decision.