Rickmers Holding AG i.I.
Rickmers Holding AG: Rickmers Holding AG encourages noteholders to register for the noteholders’ meeting on 1 June 2017 by 29 May 2017 (24:00 hours) at the latest

Rickmers Holding AG encourages noteholders to register for the noteholders’ meeting on 1 June 2017 by 29 May 2017 (24:00 hours) at the latest

Rickmers Holding AG encourages noteholders to either personally participate in the second noteholders’ meeting to be held on Thursday, 1 June 2017, or to be represented in this meeting by the voting rights representatives appointed by Rickmers Holding AG (who are bound by instructions) or a third party.

It will only be possible to pass a resolution on the proposed authorisation of the common representative to implement the envisaged restructuring of the Rickmers bond in the noteholders’ meeting if those present represent at least 25% of the outstanding notes.

The participation in the noteholders’ meeting and the exercise of the voting rights, respectively, require a prior registration. The registration must be received by Link Market Services GmbH, the service provider mandated by Rickmers Holding AG,

by no later than Monday, 29 May 2017, 24:00 hours (CEST),

either by mail to Landshuter Allee 10, 80637 Munich, Germany, or by fax to +49 (0) 89 21027289 or by email to versammlung@linkmarketservices.de.

Noteholders who have not registered in time will not be eligible to participate or vote. In these cases, proxies will not be entitled to participate or exercise voting rights either.

A sample form that may (but not must) be used for the registration can be downloaded by noteholders from the website of Rickmers Holding AG in the “Investor Relations” area (www.rickmers.com/investors) under the section “Rickmers bond”. As an alternative to using the form, a timely registration is also possible by way of sending an email to versammlung@linkmarketservices.de stating the name and address of the noteholder.

Unlike the registration which is required upfront by 29 May 2017, 24:00 hours (CEST), the other documents that are necessary for the participation in the noteholders’ meeting and the exercise of the voting rights, respectively, in particular, the special confirmation with blocking note and any power of attorney to the voting rights representatives or a third party (if applicable), can be presented at the latest upon admission to the noteholders’ meeting.

Any and all information regarding the second noteholders’ meeting is available on the website of Rickmers Holding AG in the “Investor Relations” area (www.rickmers.com/investors) under “Rickmers bond”. There, noteholders find, among others, the invitation to the noteholders’ meeting, forms for the special confirmation with blocking note and for granting a power of attorney as well as the Q&A catalogue containing questions and answers concerning the planned bond restructuring.

The Q&A catalogue explains, inter alia, why – contrary to some statements made in publications of investor representatives and investor protection associations as well as in countermotions announced by individual noteholders – a renegotiation of the restructuring concept, including the restructuring contributions of the different stakeholders, or a deferral of the interest payment due on 11 June 2017 is not possible.

The designated common representative of the noteholders, RASCHKE VON KNOBELSDORFF HEISER Dienstleistungsgesellschaft mbH, will also answer questions regarding the planned bond restructuring in the second informational telephone conference scheduled for 24 May 2017 at 9:00 hours (CEST) in German language and at 11:00 hours (CEST) in English language, respectively. In this regard, Rickmers Holding AG points interested noteholders to the press release published by the designated common representative on 19 May 2017, which is also available on the website of Rickmers Holding AG in the “Investor Relations” area (www.rickmers.com/investors).

Finally, Rickmers Holding AG emphasizes once more that, as explained in the Q&A catalogue, in case the second noteholders’ meeting has no quorum or in case the proposed restructuring concept is rejected, an immediate filing for insolvency proceedings would be imminent.

About the Rickmers Group
The Rickmers Group is an international service provider in the maritime transport sector and a vessel owner, based in Hamburg. In the Maritime Assets segment the Rickmers Group is active as Asset Manager for its own vessels and also for those of third parties. The Group initiates and coordinates shipping projects, organises financing and acquires, charters and sells ships. In the Maritime Services business segment the Rickmers Group provides shipmanagement services for its own vessels as well as for those owned by third parties; these services comprise technical and operational management, crewing, newbuild supervision, consultancy and insurance-related services.


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Jens Hecht
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F: +49 (0)40 60 91 86 60
E: jens.hecht@kirchhoff.de