DGAP-News: CANCOM SE / Key word(s): Bond CANCOM SE successfully places EUR 45 million convertible bonds 20.03.2014 / 17:43 --------------------------------------------------------------------- CANCOM SE successfully places EUR 45 million convertible bonds * Total placement volume EUR 45 million * Maturity 5 years until March 27, 2019 * Coupon of 0.875 % Munich, Germany, March 20, 2014 - CANCOM SE announces the successful placement of convertible bonds (the "Bonds") with a maturity until March 2019 and a total placement volume of EUR 45 million. The Bonds are convertible into approximately 1 million new, non-par bearer shares of CANCOM SE, excluding any pre-emptive rights of shareholders. The proceeds of the issue from the convertible bond offering serves for financing future growth both organic and through acquisitions. "The great interest of investors shows that we are on the right track with our growth strategy and that we provide an interesting perspective for the capital market", Klaus Weinmann, CEO of CANCOM SE comments on the placement. The Bonds will be issued at 100 % and will carry a coupon of 0.875 % p.a. paid annualy. The initial conversion price amounts to EUR 42.6334 and thus includes a conversion premium of 20 % above the current share price. The bonds were offered only to institutional investors outside the US, Canada, Australia and Japan within the framework of a private placement. The bonds are issued through CANCOM SE on March 27 2014 and are to be included to trading on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange. Commerzbank AG und Joh. Berenberg, Gossler & Co. KG were acting as Joint Bookrunners in the transaction. Contact: Beate Rosenfeld Manager Corporate Communication & IR CANCOM SE Erika-Mann-StraÃe 69 80636 München Germany Phone: +49 (0) 89 / 54054 5193 mail to: beate.rosenfeld@cancom.de www.cancom.de End of Corporate News --------------------------------------------------------------------- 20.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. 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: CANCOM SE Erika-Mann-StraÃe 69 80636 München Germany Phone: +49-(0)89/54054-0 Fax: +49-(0)89/54054-5119 E-mail: info@cancom.de Internet: http://www.cancom.de ISIN: DE0005419105 WKN: 541910 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 258780 20.03.2014
DGAP-News: CANCOM SE successfully places EUR 45 million convertible bonds
| Source: EQS Group AG