DGAP-Ad-hoc: SPORTTOTAL AG / Key word(s): Bond SPORTTOTAL AG approves convertible bond issue 20-May-2021 / 18:53 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. =---------------------------------------------------------------------------------------------------------------------- SPORTTOTAL AG approves convertible bond issue Cologne, 20 May 2020. The Management Board of SPORTTOTAL AG (the "Company"), with the approval of the Supervisory Board, has today passed a resolution to issue a convertible bond from conditional capital, under exclusion of shareholders' subscription rights. The Management Board and Supervisory Board of SPORTTOTAL AG have today passed a resolution to issue a convertible bond of up to EUR 3,094,000.00 with a five -year maturity and an interest rate of 8.5% p.a. ("Convertible Bond"). The Convertible Bond is divided into up to 3,094 fractional bonds, each of which entitles the holder to subscribe to 1,000 new shares in the Company after a waiting period. The bonds will be offered to qualified institutional investors by way of a private placement. Contact: Company: SPORTTOTAL AG Am Coloneum 2 50829 Köln Germany www.sporttotal.com Tel: +49 [0] 221_7 88 77_ 0 Fax: +49 [0] 221_7 88 77_ 199 Email: info@sporttotal.com Investor Relations: BSK Becker+Schreiner Kommunikation GmbH Tobias M. Weitzel Tel.: +49 [0] 2154_ 81 22 16 Email: weitzel@kommunikation-bsk.de =---------------------------------------------------------------------------------------------------------------------- 20-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de =---------------------------------------------------------------------------------------------------------------------- Language: English Company: SPORTTOTAL AG Am Coloneum 2 50829 Köln Germany Phone: +49 (0)221 7 88 77 0 Fax: +49 (0)221 7 88 77 199 E-mail: info@sporttotal.com Internet: www.sporttotal.com ISIN: DE000A1EMG56 WKN: A1EMG5 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange EQS News ID: 1199097 End of Announcement DGAP News Service =------------
1199097 20-May-2021 CET/CEST
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May 20, 2021 12:54 ET (16:54 GMT)