Brief: Do & Co Says Bondholders Declared To Convert 2026 Bonds Into Shares

DO & CO AG

04/08/2023 15:37

Aug 4 (Reuters) - Do & Co AG  DOCO.VI :
    * FROM 2 AUGUST 2023 TO PRESENT DAY, HOLDERS OF 2026
CONVERTIBLE
BONDS DECLARED TO CONVERT BONDS IN AN AGGREGATE PRINCIPAL AMOUNT
OF EUR 3 MLN INTO SHARES OF COMPANY
    * ON BASIS OF CURRENT CONVERSION PRICE OF EUR 79.979 SUCH
CONVERSION RESULTS IN A TOTAL NUMBER OF 37,507 SHARES TO BE
NEWLY ISSUED BY COMPANY
    * NEW SHARES WILL BE ISSUED AT LATEST WITHIN 15 BUSINESS
DAYS FROM
VALIDITY OF CONVERSION NOTICES
    * WITH NUMBER OF NEW SHARES ALREADY ISSUED TO HOLDERS OF
BONDS
NUMBER OF SHARES IN COMPANY HAS INCREASED TO 10,307,047 SHARES
AND SHARE CAPITAL OF COMPANY HAS INCREASED TO EUR 20,614,094.0
    * WITH NUMBER OF NEW SHARES YET TO BE ISSUED TO HOLDERS OF
BONDS
(SUBJECT TO VALIDITY OF CONVERSION NOTICES) NUMBER OF SHARES IN
COMPANY WILL INCREASE FROM 10,307,047 SHARES TO A TOTAL OF
10,500,844 SHARES
    * WITH NUMBER OF NEW SHARES YET TO BE ISSUED TO HOLDERS OF
BONDS
SHARE CAPITAL OF COMPANY WILL INCREASE FROM EUR 20,614,094.00 TO
A TOTAL OF EUR 21,001,688.00

Source text for Eikon:  ID:nPexRg3Bpa 
Further company coverage:  DOCO.VI 

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