Encavis Finance B.V.
Encavis Finance B.V.: Early mandatory conversion of hybrid convertible bonds issued in 2017 and 2019
Encavis Finance B.V. / Key word(s): Miscellaneous/Bond
Encavis Finance B.V.: Early mandatory conversion of hybrid convertible bonds issued in 2017 and 2019 The Management Board of the Company and the Managing Directors of Encavis Finance B.V. have decided today, with the consent of the Supervisory Board of Encavis AG, to exercise its contractual right to early mandatory conversion of the Bonds. The mandatory conversion of still outstanding Bonds in an aggregate principal amount of EUR 149.5 million shall take place at the conversion price of EUR 7,0836 last announced on May 31, 2021. Each bond will be converted into the number of shares of the Company calculated by dividing the nominal amount of the bonds to be converted by the conversion price. The early mandatory conversion will take place on October 4, 2021.
Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG’s environmental, social and governance performance has been awarded by two of the world’s leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with “AA” and ISS ESG with their “Prime” label. Additional information can be found on www.encavis.com
28-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Encavis Finance B.V. |
Stadionweg 43D | |
3077 AS Rotterdam | |
Netherlands | |
Phone: | +31 (0)20 521 4777 |
E-mail: | info@encavis.com |
Internet: | www.encavis.com |
ISIN: | DE000A19NPE8 |
WKN: | A19NPE |
Listed: | Regulated Unofficial Market in Frankfurt, Hamburg, Hanover, Stuttgart |
EQS News ID: | 1229555 |
End of Announcement | DGAP News Service |