EQS-News

Bond EPH Group AG: Dual listing on Euronext Paris

EQS-News: EPH Group AG / Key word(s): Bond/Regulatory Approval Bond EPH Group AG: Dual listing on Euronext Paris 30.04.2024 / 08:30 CET/CEST The issuer is solely responsible for the content of this announcement. Bond EPH Group AG: Dual listing on Euronext Paris

• Additional liquidity through listing on Europe's largest stock exchange
• Start of trading in the Euronext Access segment
• Interest rate: 10%
• Monthly payment of interest

Vienna, April 30, 2024 – The EPH Group AG bond is now also listed on Euronext. As part of a dual listing, trading commences today on Euronext Paris in the Euronext Access segment. This means that the bond can now also be traded on Europe's largest stock exchange. To date, the bond has already been listed on the Open Market (Quotation Board) of the Frankfurt Stock Exchange and on the Vienna MTF of the Vienna Stock Exchange (ISIN: DE000A3LJCB4 / WKN: A3LJCB).

The tourism bond with a volume of up to EUR 50 million has a term of seven years and offers an interest rate of 10% per annum. Interest is paid out monthly. With a denomination of EUR 1,000, the bond is aimed at both institutional and private investors.

EPH Group AG will use the issue proceeds primarily to build up a diversified portfolio of high-yield hotels and resorts in the premium and luxury segment in Austria, Germany and other top European destinations. EPH Group AG's current project is in a top location in the Kitzbühel Alps in Austria. A resort in the premium segment with a well-known international hotel brand as operator is planned here. The project company, a joint venture with a local partner, already owns the approximately 34,000 square meter site.

Alexander Lühr, CEO of EPH Group AG: „In terms of market capitalization, Euronext is the world's third largest stock exchange and the largest stock exchange in Europe. Due to Euronext's broad investor base, we opted for a dual listing in order to increase the visibility and liquidity of the bond and to attract new investors to EPH.“