DGAP-Adhoc: SPORTTOTAL AG issues bearer bond
DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Bond
SPORTTOTAL AG issues bearer bond
11-Aug-2020 / 16:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
SPORTTOTAL AG issues bearer bond
- Bearer bond for EUR 2,000,000.00 issued
- Further investor committed to subscribe to a further bearer bond for EUR 3,000,000.00
Cologne, August 11, 2020. Today, SPORTTOTAL AG, has issued a bearer bond for EUR 2,000,000.00 with a term of five years and an interest rate of 8.5% p.a. The bearer bond contains a conditional conversion right, which still requires the approval of the shareholders' meetng of SPORTTOTAL AG. The entire bearer bond was subscribed by one investor.
In addition, another investor has undertaken to fully subscribe to a future bearer bond for EUR 3,000,000.00, which is expected to be issued in October this year. This bearer bond also has a term of five years and contains a conditional conversion right, which still requires the approval of the shareholders' meeting of SPORTTOTAL AG. The interest rate is 7% p.a.
SPORTTOTAL AG
Am Coloneum 2
50829 Cologne
www.sporttotal.com
phone: +49 (0) 221_7 88 77_ 0
fax: +49 (0) 221_7 88 77_ 199
info@sporttotal.com
Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
phone: +49 (0) 177_7 21 57 60
weitzel@kommunikation-bsk.de
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