JAXX AG / Corporate Action 04.09.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- JAXX AG issues convertible bond for up to EUR 4.2 million The Management Board of JAXX AG (ISIN DE000A0JRU67), Altenholz, has with the approval of the Supervisory Board decided to issue a convertible bond. The 2008/2013 convertible bond will be divided into up to 161,830 debentures with a nominal value of EUR 21.00 each. The issuing price will be EUR 26.00. Each debenture may be converted into ten registered ordinary shares in JAXX AG, carrying voting rights, during the exercise periods indicated in the terms of the bond. The convertible bond will bear interest on its nominal amount at 6,66 % p.a. The shareholders are to be granted an indirect subscription right, under the terms of which they are entitled to subscribe to one debenture at a subscription price of EUR 26.00 for each 99 JAXX shares they hold. The subscription period runs from September 11 to 26, 2008 inclusive. JAXX AG plans to use the anticipated gross proceeds of up to EUR 4,207,580 million to finance its further growth and to increase its independence from the German lottery market. M.M. Warburg & CO KGaA, Hamburg, is to be permitted to subscribe to and acquire the debentures, with the obligation of offering them to the shareholders for subscription at an issue price of EUR 26.00 per debenture, on a ratio of 99:1. Debentures remaining unsubscribed after offering to the existing shareholders will be placed with institutional investors. Market trading of the subscription rights is not envisaged. The complete rights offer will be published in the electronic Federal Official Gazette at www.ebundesanzeiger.de on September 11, 2008. Full information will in addition be available on the JAXX website, under Investor Relations. Contact: JAXX AG Investor Relations & Corporate Communications Stefan Zenker Tel. +49 (40) 85 37 88 47 Fax +49 (431) 88 10 44 0 Mail stefan.zenker@jaxx.com DGAP 04.09.2008 --------------------------------------------------------------------------- Language: English Issuer: JAXX AG Ostpreußenplatz 10 24161 Altenholz Deutschland Phone: +49 (0)431 88 104-0 Fax: +49 (0)431 88 104-40 E-mail: ir@jaxx.com Internet: www.jaxx.com ISIN: DE000A0JRU67 WKN: A0JRU6 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: JAXX AG issues convertible bond for up to EUR 4.2 million
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