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DGAP-News: MBH Corporation Plc: Successful listing of MBH bonds on the Frankfurt Stock Exchange


DGAP-News: MBH Corporation Plc / Key word(s): Issue of Debt/Bond
MBH Corporation Plc: Successful listing of MBH bonds on the Frankfurt Stock Exchange

20.07.2020 / 11:22
The issuer is solely responsible for the content of this announcement.


MBH Corporation Plc: Successful listing of MBH bonds on the Frankfurt Stock Exchange

London, 20 July 2020 - MBH Corporation plc (MBH), a diversified investment holding company, today announces the successful listing of the MBH Bond 2020/25 (WKN: A28ZQU / ISIN: XS2193852261). A total of EUR 50m has been approved. The bond has traded on the Open Market since 17 July 2020 and is used to finance acquisitions.


The bond has a term of five years and an interest coupon of 5% per year (payable semi-annually) and is denominated in units GBP 100 000. The bond is part of a medium-term bond programme of MBH with a total volume of EUR 50 million and enables MBH to make acquisitions in line with its AgglomerationTM strategy. Furthermore, MBH has listed a EUR bond with a coupon of 2% (WKN: A28ZQS / ISIN: XS2193851701) which is also traded in the Frankfurt Stock Exchange.

Callum Laing, CEO of MBH Corporation plc commented: "By issuing bonds, we can finance the acquisition of small and medium-sized companies independently of the current share price and thus increase the earnings per share of the MBH Group. Following our strong financial performance in 2019, this year to date our completed acquisitions include Learning Wings, Logistica Training, Robinsons Caravans and Samuel Hobson House, with other acquisitions planned over the coming months."

In the current financial year, MBH has successfully completed four acquisitions despite the COVID-19 pandemic. Further attractive targets are in the company's well-filled pipeline. Thus, MBH expects to reach its goal of around 10 acquisitions in 2020.

More information about the bond is available https://www.mbhcorporation.com/mbh-bond.



About MBH

MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent, accretive acquisition of excellent companies.

www.mbhcorporation.com

Further information on 'AgglomerationTM model':

In 2020, Callum Laing, CEO of MBH Corporation plc, published his book 'Entrepreneurial Investing'. The book explains the opportunity for sophisticated investors to get access to good small businesses through the AgglomerationTM model that MBH employs. The book shows how this investment vehicle can be both high-growth and dividend yielding. Further information is available at www.entrepreneurial-investing.com.

Contacts for IR and media enquiries:

MBH Corporation plc, Charlotte Williams, [email protected], +44 (0)770 396 3953

Kirchhoff Consult AG, Anika Heske, [email protected] +49 (0)40 609186 39

 



20.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: MBH Corporation Plc
Studio 7-9, Royal Patriotic Victoria Building, Joh
SW18 3SX London
United Kingdom
E-mail: [email protected]
Internet: https://www.mbhcorporation.com/
ISIN: GB00BF1GH114
WKN: A2JDGJ
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt
EQS News ID: 1097131

 
End of News DGAP News Service

1097131  20.07.2020 

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