12.12.2017 20:03:23
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DGAP-Ad hoc: mybet Holding SE
DGAP-Ad-hoc: mybet Holding SE / Key word(s): Issue of Debt Not for distribution, publication or forwarding directly or indirectly, in total or in parts to or into the United States, Canada, Japan and Australia or to or into another jurisdiction, where such a distribution, publication or forwarding is unlawful. mybet Holding SE: New convertible bonds 2017/2020 with a nominal value of EUR 2.2 million placed. Decision to carry out a buy back offer for existing convertible bond 2015/2020. Berlin, 12 December 2017. Based on the available information on the preliminary result of the placement process the Management Board and the Supervisory Board of mybet Holding SE in a joint meeting today have decided to issue debentures of a new convertible bond (convertible bond 2017/2020) with a nominal value of EUR 2,226,800, correspondingly up to 22,268 debentures, with each single debenture having a nominal value of EUR 100.00. The new, non-subordinate and collateralized convertible bond 2017/2020 carries an interest rate of 6.25 percent per year and will be issued according to the terms and conditions of the convertible bond as of 23 November 2017. By this placement mybet Holding SE will presumably receive gross proceeds amounting to EUR 2.2 million. The Management Board reserves the right to issue further debentures of the convertible bond 2017/2020 to possibly interested investors at a later point in time by way of a follow-up placement until the maximum volume of the bond of EUR 4.99 million is partially or fully reached. After the placement of the convertible bond 2017/2020 the Management Board expects the group liquidity of mybet Group as of the end of the year 2017 to be at around EUR 1.0 million. Also today the Management Board and the Supervisory Board of mybet Holding SE decided in their joint meeting to make a voluntary public buyback offer to the creditors of the already issued convertible bond 2015/2020 (ISIN DE000A1X3GJ8). The currently outstanding volume of this convertible bond is EUR 1,768,000. The mybet Holding SE will offer to the creditors a buyback price of 105 percent of the nominal value of each single debenture plus accrued interest from the period between 11 December 2017 until the day of repayment. The complete offer documents for this buyback offer will be published by mybet Holding SE within the upcoming days in the German Federal Gazette and on the website www.mybet-se.com. The convertible bond 2015/2020 is collateralized with a cash deposit of EUR 1,768,000 acting as collateral. After the completion of the buyback offer a share of this collateral will be released and paid back to mybet Holding SE. The size of this share will correspond to the nominal value of debentures from the convertible bond 2015/2020 that creditors transfer back to mybet Holding SE in the course of the buyback process. Notifying company: Notifying person:
The convertible bond is to be offered in Germany on the basis of a derogation from the application of the German Securities Prospectus Act without securities prospectus and in accordance with other applicable laws regarding the issue, sale and offer of convertible bonds of the convertible bond and otherwise in accordance with the German Securities Prospectus Law or the Prospectus Directive. The distribution of this announcement and the offering and sale of the securities may be restricted by law in certain jurisdictions. United States of America This announcement does not constitute an offer to sell securities in the United States of America. The convertible bonds and shares of mybet Holding SE to be issued in conversion are neither and are not registered under the regulations of the United States Securities Act of 1933, as amended ("Securities Act ") and not under securities law of individual states of the United States of America or and are not offered or sold in the United States of America. The Shares may not be offered, sold or directly or indirectly delivered in the United States or to persons in the United States of America, except in exceptional cases by reason of exemption from the registration requirements of the Securities Act or the laws of a single State of the United States from America. In the United Kingdom, this publication is directed to (i) qualified investors as defined by Financial Services and Markets Act 2000, as amended, and its implementation measures and / or (ii) persons having professional investment experience and the term "investment professionals" of Article 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, in the currently valid version (the "Order") or under Article 49 (2) (a) to (d) of the Order (High Net Worth Companies, Partnerships, etc.) or a other exceptions of the order fall (such persons together the "relevant persons"). Persons who are not Relevant Persons should not rely on this ad-hoc notice and its contents. Any investment or investment opportunity referred to in this release is open to Relevant Persons only and will be engaged in only with Relevant Persons. In Member States of the European Economic Area ("EEA") that have implemented the Prospectus Directive (the "Relevant Member States"), this publication and any subsequent offer is directed solely to qualified investors within the meaning of the Prospectus Directive. This notice is not intended for anyone in Canada, Australia, Japan, or in any other jurisdiction where such distribution, disclosure, or disclosure is unlawful. The securities referred to herein may not be offered or sold to persons in these jurisdictions. Information and Explanation of the Issuer to this News: mybet Holding SE Contact tel +49 30 22 90 83 161
12-Dec-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | mybet Holding SE |
Karl-Liebknecht-Straße 32 | |
10178 Berlin | |
Germany | |
Phone: | +49 30 22 90 83 0 |
Fax: | +49 30 22 90 83 150 |
E-mail: | ir@mybet.com |
Internet: | www.mybet-se.com |
ISIN: | DE000A0JRU67 |
WKN: | A0JRU6 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |
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638417 12-Dec-2017 CET/CEST
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