CEZ MH B.V.: CEZ MH B.V. announces cancellation of the purchased part of EUR 470.2 million guaranteed exchangeable bonds and early redemption of the outstanding bonds
CEZ MH B.V. Ad hoc release
Ad hoc release: CEZ MH B.V. announces cancellation of the purchased part of EUR 470.2 million guaranteed exchangeable bonds and early redemption of the outstanding bonds
Publication of inside information pursuant to Article 17 of the EU regulation No 596/2014 of the European Parliament and of the Council of 16 April 2014 (Market Abuse Regulation)
Amsterdam, 11th April 2017, 13:00 CET
Following the settlement of the invitation and equity placing in relation to its EUR 470.2 million guaranteed exchangeable bonds due 2017 (ISIN: XS1027633434) (the "Bonds"), exchangeable into ordinary shares of MOL Hungarian Oil and Gas Plc ("MOL") (ISIN: HU0000068952), which occurred on 4th April 2017, as announced on 31st March 2017, CEZ MH B.V., a wholly owned subsidiary of ?EZ, a. s., announces that it has cancelled the purchased Bonds in the aggregate principal amount of EUR 463.1 million.
Further, CEZ MH B.V. announces that it is exercising its early redemption right pursuant to condition 11(b)(ii)(C) of the terms and conditions of the Bonds, and is concurrently with this announcement serving the optional redemption notice to the holders of the outstanding Bonds in the aggregate principal amount of approximately EUR 5.5 million, based on which CEZ MH B.V. will redeem at principal amount all of the outstanding Bonds on the optional redemption date. The optional redemption date is set to 16th May 2017. Following such redemption, the Bonds will be cancelled and there will be no Bonds outstanding.
Due to the above, the last day on which the holders of the Bonds may exercise their exchange rights is 2nd May 2017. The value of the pro rata share of the exchange property attributable to each EUR 100,000 principal amount of the Bonds, calculated as at 10th April 2017 is EUR 110,665.87.
Name: Jan Bro?ík
Position: managing director
Fax: + 420 211 042 040
CEZ MH B.V.
Hogehilweg 5 D
1101 CA Amsterdam
Company ID No 24426342
THIS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY OR SELL, OR THE
SOLICITATION OF AN OFFER TO BUY OR SELL OR SUBSCRIBE FOR, ANY SECURITIES, NOR
SHALL THERE BE ANY OFFER OF ANY SECURITIES IN ANY JURISDICTION IN WHICH SUCH
OFFER OR SALE WOULD BE UNLAWFUL. THIS DOCUMENT DOES NOT CONSTITUTE A
PROSPECTUS WITHIN THE MEANING OF THE EC DIRECTIVE 2003/71/EC OF THE EUROPEAN
PARLIAMENT AND COUNCIL DATED 4 NOVEMBER 2003, AS AMENDED (THE "PROSPECTUS
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE
UNITED STATES, ITS TERRITORIES AND POSSESSIONS OR IN ANY OTHER JURISDICTION
WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS RELEASE.
NO ACTION HAS BEEN TAKEN BY CEZ MH B.V. ("THE ISSUER"), ?EZ, A. S. ("THE GUARANTOR"),
OR ANY OF THEIR RESPECTIVE AFFILIATES THAT WOULD PERMIT THE SALE OF THE MOL
SHARES (THE "SHARES") OR POSSESSION OR DISTRIBUTION OF THIS RELEASE OR ANY
INVITATION, PLACING OR PUBLICITY MATERIAL RELATING TO THE BONDS OR THE SHARES
(HEREINAFTER TOGETHER, THE "SECURITIES") IN ANY JURISDICTION WHERE ACTION FOR
THAT PURPOSE IS REQUIRED. PERSONS INTO WHOSE POSSESSION THIS RELEASE COMES ARE
REQUIRED BY THE ISSUER AND THE GUARANTOR TO INFORM THEMSELVES ABOUT, AND TO
OBSERVE, ANY SUCH RESTRICTIONS.
THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES
ACT OF 1933 (THE "SECURITIES ACT") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED
STATES, EXCEPT PURSUANT TO REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFER OF SECURITIES
OR ANY PUBLIC INVITATION TO OFFER OR SELL SECURITIES IN THE UNITED STATES.
ANY DECISIONS IN RELATION TO THE BONDS SHOULD ONLY BE MADE ON THE BASIS OF AN
INDEPENDENT REVIEW BY A PROSPECTIVE INVESTOR OF THE ISSUER'S, THE GUARANTOR'S
AND MOL'S PUBLICLY AVAILABLE INFORMATION. THE ISSUER AND THE GUARANTOR
ACCEPT NO LIABILITY ARISING FROM THE USE OF, OR MAKE ANY REPRESENTATION AS TO
THE ACCURACY OR COMPLETENESS OF, THIS RELEASE OR THE ISSUER'S, THE GUARANTOR'S
OR MOL'S PUBLICLY AVAILABLE INFORMATION. THE INFORMATION CONTAINED IN THIS
RELEASE IS SUBJECT TO CHANGE IN ITS ENTIRETY WITHOUT NOTICE.
11-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English
Company: CEZ MH B.V. Hogehilweg 5 D 1101 Amsterdam
Netherlands ISIN: XS1027633434 WKN: A1ZC51 Listed: Regulated Unofficial Market in Berlin, Stuttgart; Open Market in Frankfurt End of Announcement DGAP News Service
564109 11-Apr-2017 CET/CEST