DO & CO Aktiengesellschaft: Convertible Bonds

Vienna (pta034/15.04.2024/17:10) - In January 2021, DO & CO Aktiengesellschaft (the "Company") had placed convertible bonds maturing on 28 January 2026 with an aggregate principal amount of EUR 100 million, divided into 1,000 convertible bonds with a denomination of EUR 100,000 each (the "Bonds"). The settlement of the Bonds took place on 28 January 2021.

On 15 April 2024, a holder of Bonds declared to convert Bonds in an aggregate principal amount of EUR 1,300,000 into shares of the Company. On basis of the current conversion price of EUR 79.979 such conversion results in a total number of 16,254 shares to be newly issued by the Company.

After the conversion notice becoming valid within the meaning of the Terms and Conditions of the Bonds, the Management Board will (subject to the final calculations of the Calculation Agent within the meaning of the Terms and Conditions of the Bonds) resolve on the issuance of a total of additional 16,254 new shares of the Company, derived from the conditional capital increase which was resolved on by the extraordinary meeting of shareholders of the Company on 15 January 2021. The new shares will be issued at the latest within 15 business days (within the meaning of the Terms and Conditions of the Bonds) from the validity of the conversion notice.

As of 15 April 2024, the Company has received conversion notices for Bonds and has issued or is to issue new shares to holders of Bonds as follows:

With the number of new shares already issued to holders of Bonds the number of shares in the Company has increased to 10,960,953 shares and the share capital of the Company has increased to EUR 21,921,906.00. With the number of new shares yet to be issued to a holder of Bonds (subject to the validity of the conversion notice) the number of shares in the Company will increase from 10,960,953 shares to a total of 10,977,207 shares and the share capital of the Company will increase from EUR 21,921,906.00 to a total of EUR 21,954,414.00.

All new shares have a dividend entitlement corresponding to the dividend entitlement of the existing shares of the Company at the time of issuance of the new shares.

Legal Notice

This announcement does not constitute an offer for a sale of securities or a solicitation of an offer to purchase securities of the Company. This announcement is not intended for direct or indirect publication, distribution or release in or into the United States of America, Australia, Canada, Japan, South Africa or any jurisdiction in which offers or sales of the securities would be prohibited by applicable laws.

(Ende)