DGAP-Adhoc: Dialog Semiconductor plc total conversion of US$201,000,000 1 per cent. Convertible Bonds due 2017 (ISIN: XS0757015606)

Dialog Semiconductor Plc.  / Key word(s): Miscellaneous

29.04.2015 11:37

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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London, UK, 29 April 2015 - Dialog Semiconductor plc (FWB: DLG) (Dialog)
announces that it has received Bondholder conversion notices in respect of
all of Dialog's previously outstanding US$201,000,000 1 per cent
convertible bonds due 2017 (the Bonds) in accordance with the terms and
conditions of the Bonds. As such, no Bonds will be redeemed by Dialog
pursuant to the optional redemption notice dated 16 March 2015 (in which
Dialog announced its intention to redeem any outstanding Bonds on 5 May
2015) and all Bonds have been cancelled.

As all Bondholders have exercised their conversion rights in respect of all
previously outstanding Bonds, Dialog has issued 6,797,025 new ordinary
shares and the total number of ordinary shares issued by Dialog is now
77,865,955.

This conversion will not result in dilution of Dialog's diluted earnings
per ordinary share. The potential maximum number of ordinary shares that
would be created by the full conversion of the Bonds was included on a
fully diluted basis in the calculation of the full year 2014 diluted
earnings per share (see Note 2. of the Annual report and accounts 2014
available on
www.dialog-semiconductor.com/investor-relations/reports-filings/annual-rep
orts).


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Information and Explaination of the Issuer to this News:

For further information please contact:

Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com

FTI Consulting - London 
Matt Dixon 
T +44 20 7269 7214
matt.dixon@fticonsulting.com

FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
Anja.Meusel@fticonsulting.com

Note to editors

Dialog Semiconductor creates highly integrated, mixed-signal integrated
circuits (ICs), optimised for personal portable, low energy short-range
wireless, LED solid state lighting and automotive applications. The company
provides flexible and dynamic support, world-class innovation and the
assurance of dealing with an established business partner.

With its focus and expertise in energy-efficient system power management
and a technology portfolio that also includes audio, short-range wireless,
AC/DC power conversion and multi-touch, Dialog brings decades of experience
to the rapid development of ICs for personal portable and digital consumer
applications, including smartphones, tablets, Ultrabooks(TM) and emerging
wearable type devices.

Dialog's power management processor companion chips increase the
performance of portable devices by extending battery lifetime, enabling
faster charging and enhancing the consumer's experience. With world-class
manufacturing partners, Dialog operates a fabless business model.

Dialog Semiconductor plc is headquartered in London with a global sales,
R&D and marketing organisation. In 2014, it had approximately $1,156
million in revenue and was one of the fastest growing European public
semiconductor companies. It currently has approximately 1,300 employees
worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange
(Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of
the German TecDax index.

29.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Dialog Semiconductor Plc.
              Tower Bridge House, St. Katharine's Way
              E1W 1AA London
              United Kingdom
Phone:        +49 7021 805-412
Fax:          +49 7021 805-200
E-mail:       jose.cano@diasemi.com
Internet:     www.dialog-semiconductor.com
ISIN:         GB0059822006, XS0757015606
WKN:          927200
Indices:      TecDAX
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart; Luxemburg
 
End of Announcement                             DGAP News-Service
 
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