DGAP-Adhoc: CO.DON AG: CO.DON AG sets conversion and strike prices

CO.DON AG (ISIN: DE DE000A1K0227)

CO.DON AG sets conversion and strike prices

Berlin / Teltow, 30 Mai 2018 - The Executive Board of CO.DON AG ("Company") today set the conversion price for the convertible bonds and the option price for the bonds with warrants, the issue of which has been announced in the ad hoc notification of 23 May 2018 and the rights offers published in the Federal Gazette on 23 May 2018.

The conversion price for the convertible bonds is 105% of the reference price of EUR 6.08, being the volume-weighted average price of the Company shares in Xetra trading during the period from Friday, 25 May 2018 to Tuesday, 29 May 2018 (both inclusive). Thus, the conversion price amounts to EUR 6.38, whereby this amount may be adjusted from time to time in accordance with the terms and conditions of the convertible bonds.

The strike price for the bonds with warrants is 140% of the reference price of EUR 6.08, being the volume-weighted average price of the Company shares in Xetra trading during the period from Friday, 25 May 2018 to Tuesday, 29 May 2018 (both inclusive). Thus, the strike price amounts to EUR 8.51, whereby this amount may be adjusted from time to time in accordance with the terms and conditions of the bonds with warrants.

The convertible bonds with a total nominal amount of up to EUR 15.3 million and the bonds with warrants with a total nominal amount of up to EUR 2 million will be offered to those shareholders of CO.DON AG holding at least one Company share on 23 May 2018. The subscription period for the shareholders of the Company ends on 6 June 2018 at midnight CET.

Further information on the convertible bonds and the bonds with warrants being offered is available from the Company's homepage (www.codon.de).

Notifier:
Matthias Meißner, M.A.
Director Investor Relations / Public Relations
Tel. +49 (0)30 240352330
Fax +49 (0)30 240352309
Email: ir@codon.de