DGAP-News: YOC AG: Announcement of the early redemption of the YOC convertible bond 2018 - 2022
Berlin, 15 June 2021 - YOC AG (ISIN DE0005932735) announces the early redemption of all convertible bonds issued in financial year 2018.
- Berlin, 15 June 2021 - YOC AG (ISIN DE0005932735) announces the early redemption of all convertible bonds issued in financial year 2018.
- The convertible bonds with a total nominal amount of EUR 1.56 million were issued with a four-year maturity until July 2022 and were convertible into a maximum of 193,825 ordinary shares of YOC AG.
- YOC AG transferred these 187,500 no-par shares to Eiffel Investment Group SAS in April 2021, making also use of 4,000 YOC shares held in its own portfolio.
- Pursuant to the terms and conditions of the bond 6 (2), the early redemption will be made at 110% on July 31, 2021.