DGAP-News

Photon Energy Green EUR Bond 2021/27 Exchange Offer Well Received by Existing Investors

DGAP-News: Photon Energy NV / Key word(s): Bond/Issue of Debt Photon Energy Green EUR Bond 2021/27 Exchange Offer Well Received by Existing Investors 15.11.2021 / 07:12 The issuer is solely responsible for the content of this announcement. Inside information pursuant to Article 17 MAR (public disclosure)

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Photon Energy Green EUR Bond 2021/27 Exchange Offer Well Received by Existing Investors

- In the exchange offer for the new 6.5% Green EUR Bond 2021/27, the Company's existing investors have subscribed to a nominal volume of 21.2 million euros (47% of the outstanding total volume)

- The subscription period for the new bond runs until Wednesday, 17 November, 2021 (12:00 CET) via the Frankfurt Stock Exchange's 'DirectPlace' subscription facility, or directly via the issuer.

Amsterdam - 15 November 2021 - Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) ('Photon Energy Group' or the 'Company') has announced that creditors of the currently outstanding 7.75% bond 2017/22 have accepted the Company's exchange offer for the 6.5% Photon Energy Green EUR Bond 2021/27 (ISIN: DE000A3KWKY4) with great interest. As of Friday, 12 November, the official end of the exchange period, investors had registered around 21.2 million euros nominally for exchange, which corresponds to a ratio of 47% of the outstanding bond and around 42% of the newly offered 6.5% Green EUR Bond 2021/27.

The subscription period for the new 6.5% green bond runs until Wednesday, 17 November 2021, 12:00 CET, via the Frankfurt Stock Exchange's 'DirectPlace' subscription facility, or directly via the subscription form available on the Company's website. Institutional investors can place their orders until then with Bankhaus Scheich Wertpapierspezialist AG within the private placement.