EQS-Adhoc

DEAG Deutsche Entertainment Aktiengesellschaft: DEAG announces bond issue of up to EUR 50 million to finance further growth and refinance the Corporate Bond 2018/2023 - Seite 2

The Bond is subject to Norwegian law and has a term of three years. The annual fixed interest rate of the Bonds is within the interest rate range of 7.50% to 8.50% and will be determined on or before the end of the offering period based on the subscription orders in a so-called book building process and announced by pricing notice.

There are plans to include the Bond in trading on the Open Market of Deutsche Börse AG (Regulated Unofficial Market of the Frankfurt Stock Exchange) and also to apply for inclusion in the Nordic ABM, a self-regulated marketplace organised and operated by the Oslo Stock Exchange, within six months of the issue of the Bond.

In connection with the Bond, DEAG will extend a public exchange offer to the holders of the Bonds issued on 31 October 2018 in the aggregate principal amount of EUR 25 million with ISIN DE000A2NBF25 (the “Bonds 2018/2023”) to exchange their Bonds 2018/2023 for the Bonds 2023/2026 in addition to a cash settlement amount of EUR 15 and accrued interest (the “Exchange Offer,” together with the subscription offer via the subscription facility “Direct Place” the “Public Offer”).

DEAG intends to prematurely call and redeem the 2018/2023 Bonds that have not been exchanged in the Exchange Offer.

The exchange offer, which is expected to be published on 7 June 2023 in the German Federal Gazette (Bundesanzeiger) (www.bundesanzeiger.de) and on DEAG’s Investor Relations website, will commence on 7 June 2023 and is expected to end on 23 June 2023, 10:00 a.m. (CET) (“Exchange Period”). Holders of the Bonds 2018/2023 may submit an offer to exchange their Bonds 2018/2023 to DEAG via their custodian bank within the Exchange Period in writing by using the form provided via their custodian bank. The holders of the Bonds 2018/2023 participating in the exchange offer will also be granted a multiple purchase option.

The securities prospectus required for the execution of the Public Offering in Germany and Luxembourg was approved today by the Luxembourg Financial Supervisory Authority Commission de Surveillance du Secteur Financier (CSSF) and will now be submitted to the German Federal Financial Supervisory Authority (BaFin) by way of notification (passporting). The securities prospectus will be published on DEAG’s Investor Relations website and on the website of the Luxembourg Stock Exchange (www.luxse.com).