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    EANS-News  311  0 Kommentare Semperit AG Holding / Increased equity capital to support transformation process

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    Corporate news transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is responsible for the content of this announcement.
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    Contracts

    Vienna, Austria - Immediately after approval of the Supervisory Board, the
    Management Board of Semperit AG Holding signed an agreement regarding a hybrid
    capital line amounting to up to EUR 150 million with B & C Holding GmbH, a
    wholly-owned subsidiary of the core shareholder B & C Industrieholding GmbH
    today. The interest rate agreed amounts to 5.25%, the commitment fee is set at
    1.75%.

    The hybrid capital line is a subordinated liability with unlimited duration,
    which Semperit can draw in several tranches up to and including 31.12.2018 if
    required. A redemption right or conversion right of the creditor has not been
    provided for. The hybrid capital line is classified as equity according to IFRS
    and thus serves to strengthen the balance sheet structure of the company.

    With this step, Semperit strengthens its equity in a sustainable manner and
    maintains the balance sheet figures, which have been negatively influenced by
    the current earnings situation, on a solid level. As a result, financing of the
    necessary investments for further organic growth and the transformation process
    will be secured.

    "With this corporate action, the core shareholder supports the transformation
    process initiated by the Management Board and the Supervisory Board and
    emphasises its long-term commitment to Semperit. Thereby, Semperit lays the
    foundations for further steps of the corporate transformation," says Veit
    Sorger, Chairman of the Supervisory Board of Semperit AG Holding.



    Further inquiry note:
    Monika Riedel
    Group Head of Communications & Sustainability
    +43 676 8715 8620
    monika.riedel@semperitgroup.com

    Stefan Marin
    Head of Investor Relations
    Tel.: +43 676 8715 8210
    stefan.marin@semperitgroup.com

    www.semperitgroup.com

    end of announcement euro adhoc
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    issuer: Semperit AG Holding
    Modecenterstrasse 22
    A-1030 Wien
    phone: +43 1 79 777-210
    FAX: +43 1 79 777-602
    mail: stefan.marin@semperitgroup.com
    WWW: www.semperitgroup.com
    ISIN: AT0000785555
    indexes: WBI, ATX PRIME, ATX GP
    stockmarkets: Wien
    language: English





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    EANS-News Semperit AG Holding / Increased equity capital to support transformation process - Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. - Contracts Vienna, Austria - Immediately after approval of the Supervisory Board, the …

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