Semperit AG Holding / Increased equity capital to support transformation process. The issuer is responsible for the content of this announcement.
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Vienna, Austria - Immediately after approval of the Supervisory Board, the Management Board of Semperit AG Holding today 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.
Further inquiry note: Monika Riedel Group Head of Communications & Sustainability +43 676 8715 8620 firstname.lastname@example.org
Stefan Marin Head of Investor Relations Tel.: +43 676 8715 8210 email@example.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: firstname.lastname@example.org WWW: www.semperitgroup.com ISIN: AT0000785555 indexes: WBI, ATX GP, ATX PRIME stockmarkets: Wien language: English