Finanzen, Semperit AG Holding

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution.

12.12.2017 - 14:06:56

Semperit AG Holding / Increased equity capital to support transformation process. The issuer is responsible for the content of this announcement.

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Contracts

Vienna, Austria - Immediately after approval of the Supervisory Board, the Management Board of Semperit AG Holding signed an agreement regarding a hybrid capital line amounting to up to EUR 150 million with B & C Holding GmbH, a wholly-owned subsidiary of the core shareholder B & C Industrieholding GmbH today. The interest rate agreed amounts to 5.25%, the commitment fee is set at 1.75%.

The hybrid capital line is a subordinated liability with unlimited duration, which Semperit can draw in several tranches up to and including 31.12.2018 if required. A redemption right or conversion right of the creditor has not been provided for. The hybrid capital line is classified as equity according to IFRS and thus serves to strengthen the balance sheet structure of the company.

With this step, Semperit strengthens its equity in a sustainable manner and maintains the balance sheet figures, which have been negatively influenced by the current earnings situation, on a solid level. As a result, financing of the necessary investments for further organic growth and the transformation process will be secured.

"With this corporate action, the core shareholder supports the transformation process initiated by the Management Board and the Supervisory Board and emphasises its long-term commitment to Semperit. Thereby, Semperit lays the foundations for further steps of the corporate transformation," says Veit Sorger, Chairman of the Supervisory Board of Semperit AG Holding.

Further inquiry note: Monika Riedel Group Head of Communications & Sustainability +43 676 8715 8620 monika.riedel@semperitgroup.com

Stefan Marin Head of Investor Relations Tel.: +43 676 8715 8210 stefan.marin@semperitgroup.com

www.semperitgroup.com

end of announcement euro adhoc

issuer: Semperit AG Holding Modecenterstrasse 22 A-1030 Wien phone: +43 1 79 777-210 FAX: +43 1 79 777-602 mail: stefan.marin@semperitgroup.com WWW: www.semperitgroup.com ISIN: AT0000785555 indexes: WBI, ATX PRIME, ATX GP stockmarkets: Wien language: English

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