Brief: Hochdorf: Amir Mechria Converts Part Of Mandatory Convertible Bond

Centiel AG

04/11/2019 06:16

Nov 4 (Reuters) - HOCHDORF HOLDING AG  HOCN.S :
    * AMIR MECHRIA CONVERTS PART OF MANDATORY CONVERTIBLE BOND
    * AMIR MECHRIA WILL CONVERT THREE QUARTERS OF HIS STAKE IN
2017-2020 MANDATORY CONVERTIBLE BOND OF HOCHDORF HOLDING LTD
WITH A NOMINAL VALUE OF CHF 98.25 MILLION
    * 322,480 SHARES OF HOCHDORF HOLDING LTD WILL THUS BE
ALLOCATED TO
HIM
    * TRANSACTION INCREASES NUMBER OF OUTSTANDING SHARES OF
HOCHDORF
HOLDING LTD TO 1,758,369
    * AMIR MECHRIA WILL BECOME LARGEST SHAREHOLDER OF HOCHDORF
GROUP
WITH 18.34%

Source text for Eikon:  ID:nPexftvgta 
Further company coverage:  HOCN.S 

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