Amatheon Agri Holding N.V. Conversion Of Parts Of The Convertible Bond Of Up To EUR 20 million

Amatheon Agri Holding N.V. / Key word(s): Bond Amatheon Agri Holding N.V. Conversion Of Parts Of The Convertible Bond Of Up To EUR 20 million 20-Jul-2023 / 17:35 CET/CEST

Amatheon Agri Holding N.V. Conversion Of Parts Of The Convertible Bond Of Up To EUR 20 million

 

• New share capital following conversion of parts of the Convertible Bond of up to EUR 20 million (5%/ 01/2025)
• Issuance of 1,000,000 new shares as a result of conversion by bondholders in the convertible bond issued on 22 January 2021.
• Equity increase showing continued investor energy and confidence in the Company.

 

Reference is made to Amatheon Agri Holding N.V.'s ("Amatheon" or the "Company") convertible bond with ISIN DE000A286BY3 (the "Bonds") issued on 22 January 2021. The Company has received one conversion notice from a bondholder holding Bonds in the amount of EUR 100,000 (one hundred thousand) which pursuant to the bond terms are convertible into 1,000,000 new shares in the Company at a conversion price of EUR 0.10. Following the conversion, the Company will have outstanding Bonds with a nominal value of EUR 8,850,000.

The Company's share capital is increased by EUR 100,000 by issuance of 1,000,000 new shares. The share capital increase pertaining to the conversion of the Bonds shall be registered with The Netherlands Chamber of Commerce (KVK - Kamer van Koophandel). Following such share capital increase, the Company's share capital amounts to EUR 61,087,823.70, divided into 610,878,237 shares, each with a nominal value of EUR 0.10. The new shares resulting from the share capital increase are expected to become tradable on the Euronext Paris stock exchange.

The conversion is another indication of investor belief in the Company strategy and allows for continued enhancement of projects and plans.

Details of the agreed terms and conditions of the Bond can be found on the Company’s website at https://amatheon-agri.com/investor-relations/