Asian Bamboo AG / Key word(s): Contract/Sustainability 19.10.2011 07:25 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hamburg, 19 October 2011 - Asian Bamboo AG ('Asian Bamboo ', the 'Company', ISIN: DE000A0M6M79, ticker symbol '5AB', ADR trading symbol 'ASIBY'), a leading integrated company in the bamboo industry, is pleased to announce that it has entered into the following loan agreement with PROPARCO, the French development finance institution: Amount: Up to EUR 20 million Term: 7 years Interest rate: Euribor + 2.5% Options: PROPARCO receives 143,900 options in Asian Bamboo with an exercise price of EUR 26.34 Other terms: Environmental and Social Action Plan ('ESAP) The option price was calculated as a 20% premium to the average share price over the period 1 June 2011 to 31 August 2011. The earliest and latest exercise dates of the options are three and seven years, respectively, from the date of signing the loan agreement. If the options are exercised, they will be converted against the Company's treasury shares. In line with PROPARCO's common practice when entering into a long-term relationship, the two parties have developed an environmental and social action plan ('ESAP') which will further align Asian Bamboo's operations with international best practice in terms of environmental and social responsibilities. About PROPARCO PROPARCO is a Development Financial Institution jointly held by Agence Française de Développement (AFD) and public and private shareholders from the North and South. PROPARCO's mission is to be a catalyst for private investment in developing countries which targets growth, sustainable development and reaching the Millennium Development Goals (MDGs). Its sectoral strategy is tailored to the level of a country's development and focuses on the productive sector, financial systems, infrastructure and equity investment. PROPARCO ï¬nances investments that are economically viable, socially equitable, environmentally sustainable and ï¬nancially proï¬table. PROPARCO is one of the main bilateral development finance institutions in the world. It invests on four continents encompassing the major emerging countries and the poorest countries, particularly in Africa, and has a high level of requirements in terms of social and environmental responsibility. PROPARCO has a wide range of financial instruments to meet the specific needs of private investors in developing countries. About Asian Bamboo AG: Asian Bamboo is a leading integrated company in the bamboo industry. The Company currently owns long-term leasing rights for 43 bamboo plantations with a total size of 54,511 hectares (ha). In the longer term, Asian Bamboo expects to reach a total plantation size of more than 100,000 ha. In March 2011, the Company began producing Acetified Dissolving Bamboo Pulp ('ADBP'), which is a raw material primarily used for textile production. Asian Bamboo expects to reach an annual production capacity of 100,000 tonnes of ADBP in the future. As a National Key Flagship Enterprise, Asian Bamboo is at the forefront of developing the agriculture industry in China, which helps to raise farmers' incomes and increase output. As part of its corporate and social responsibilities, the Company launched the 'Xinrixian Village Development Fund' to financially support projects in the regions where the Company operates with the aim of improving living conditions and quality of life for farmers. Asian Bamboo has obtained organic food accreditations in China, Japan, Europe and the United States in addition to its HACCP and ISO9001 certifications. Its plantation management has received GLOBALGAP (Global Good Agriculture Practices) certification by the Swiss based company SGS. Since 16 November 2007, Asian Bamboo is listed on the Prime Standard of the Frankfurt Stock Exchange under the ticker symbol '5AB'. In addition, the stock is traded as an ADR under the ticker symbol 'ASIBY'. The Company's financial statements are audited by Deloitte and its registered office is located in Hamburg, Germany. For more information about Asian Bamboo, please visit our website at www.asian-bamboo.com or www.asian-bamboo.de Asian Bamboo AG: Peter Sjovall +852-9385 3868 Chief Financial Officer peter.sjovall@asian-bamboo.com Anja Holst +49-(0)40 37644 798 Investor Relations Director anja.holst@asian-bamboo.com PROPARCO: Benjamin Neumann + 33 1 53 44 31 66 Head of Communication neumannb@proparco.fr 19.10.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Asian Bamboo AG Stadthausbrücke 1-3 20355 Hamburg Germany Phone: +49 40 37644 798 Fax: +49 40 37644 500 E-mail: info@asian-bamboo.de Internet: www.asian-bamboo.de ISIN: DE000A0M6M79, DE000A0M6M79 WKN: A0M6M7, A0M6M7 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Asian Bamboo and PROPARCO enter into a loan agreement
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