Thursday, April 25, 2024

Joint Representative of Ekosem-Agrar 2019/24 Bondholders Welcomes Creditor Advisory Council Countermotion Thomas SCHULZ, Push Release

Date:

As the joint representative of the holders of the Ekosem-Agrar bond 2019/24 (ISIN: DE000A2YNR08) and as the joint appointed consultant of the Ekosem-Agrar bond 2012/2022 (ISIN: DE000A1R0RZ5), e.Anleihe GmbH welcomes the counter-movement of the board creditor advisor: “The issuer is quite accommodating to the bondholders,” claims the taking care of director of e.Anleihe GmbH, Christoph Chardon, summarizing the countermotion of the creditor advisory council, which was coordinated with the publisher.

e.Anleihe GmbH factors out that all desire lost on the desire amount to be diminished from 2.5 p.c for every annum at the conclusion of the expression will be paid in addition to the nominal redemption contribution. The phrase of the bonds, which has been prolonged for 5 decades in each and every case, offers the issuer with the prospect to reorganize its organization operations in get to protect and protected the bondholders’ assets. If the issuer does not make entire use of this period and is in a position to shell out right before the prolonged due day, the refund total is minimized by missing curiosity, distribute in excess of a few decades.

The countermotion also offers that the bondholders’ subordination to the 2.5 percent annual fascination amount will turn into a deferral selection by the company. The Joint Agent and the associates of the Consultative Discussion board must be consulted in this regard.

“In specific, we have managed to defuse the controversial position about a modify of regulate in circumstance of sale of the shares in the Russian running providers, which are unable to be ruled out,” clarifies the controlling director of e.Anleihe GmbH. Initially, the issuer had instructed that bondholders must give up their prepayment choice in this circumstance. The countermotion of the advisory council of creditors now gives that the quorum for the lawfully powerful termination in the event of a improve of regulate is increased to at minimum 51 p.c. “Should the problem of a transform of command come up, most bondholders will decide how to progress in concrete conditions,” suggests Chardon.

Yet another e.Anleihe GmbH digital data and dialogue party on Might 17, 2022

On Tuesday, Could 17, 2022, e.Anleihe GmbH invitations you to a different facts and dialogue party for bondholders from 11:00 am

At the digital function, associates of e.Anleihe GmbH will current and go over their assessment of the present-day countermotion of the creditors’ advisory board. “We will reveal why e.Anleihe GmbH supports this proposal put forward by the advisory boards as a outcome of the negotiations,” announced the CEO of e.Anleihe GmbH.

Present quorum via proxy

Handling Director of e.Anleihe GmbH, Christoph Chardon, reminds all bondholders to secure their pursuits by ability of lawyer in their have nicely understood curiosity.

Bondholders who are not able to be current in individual at the other bondholders’ conferences on May perhaps 30 and 31, 2022 in Sinsheim and do not want to be immediately represented by the issuer may well get in touch with the CEO of KFM Deutsche Mittelstand AG, Hans- Jürgen Friedrich, authorize free of charge of demand. In addition, the lawyer Markus Kienle, member of the board of directors of the SdK Schutzgemeinschaft der Kapitalanleger eV, is obtainable to private bondholders in certain to exercising their voting legal rights cost-free of demand.

Bondholders who would like to authorize Hans-Jürgen Friedrich to vote no cost of charge at the conferences on Could 30 and 31, 2022 can send duly well prepared sorts at limited observe to e.Anleihe GmbH as joint representative at the handle of email ekosem@elsaesser. search co. Bondholders who desire to authorize the SdK consultant can download the proxy kind for bondholder meetings at https://sdk.org/dienstleistungen/glaeubigervertretung/ekosem-agrar-ag/.

As the (appointed) joint agent of the Ekosem-Agrar bondholders, e.Anleihe GmbH also advises all bondholders, as a precautionary evaluate, to submit an up-to-day exclusive evidence of possession of the bonds from the custodian financial institution. and that of requesting the needed blackout observe for conferences.

Hyperlink to the invitation more away Info and discussion celebration. of e.Anleihe GmbH as joint representative of the bondholders of the Ekosem-Agrar bond 2019/24 (ISIN: DE000A2YNR08) and as joint appointed agent of the Ekosem-Agrar bond 2012/2022 (ISIN: DE000A1R0RZ5) on Tuesday, May 17, 2022 at 11:00:

Participant connection (video clip broadcast with slides): https://www.webcast-eqs.com/…

Dial-in numbers for attendees

IS: +4969201744220

United kingdom: +442030092470

PIN: 73601705#

Mortimer Rodgers
Mortimer Rodgers
Professional bacon fanatic. Explorer. Avid pop culture expert. Introvert. Amateur web evangelist.

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