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27.05.2024 09:45:15 - dpa-AFX: EQS-News: Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends approval of the restructuring of the corporate bonds (english)
Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends
approval of the restructuring of the corporate bonds
EQS-News: Ekosem-Agrar AG / Key word(s): Bond/Capital Reorganisation
Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends
approval of the restructuring of the corporate bonds
27.05.2024 / 09:44 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends
approval of the restructuring of the corporate bonds
Walldorf, 27 May 2024 - Schutzgemeinschaft der Kapitalanleger e.V. (SdK),
one of Germany's leading investor associations with over 8,700 members, has
spoken out in favor of approving the restructuring proposal regarding the
Ekosem-Agrar bonds. In a newsletter to interested noteholders, SdK
emphasizes that, in its view, the problems at Ekosem-Agrar are "almost
exclusively due to the geopolitical situation". In summary, SdK considers
the risks of a total loss "to be much higher than the chance that the
geopolitical situation will stabilize again in the foreseeable future to
such an extent that the bonds can be repaid to the noteholders as planned".
Accordingly, the SdK will vote in favour of the proposed resolution for its
own holdings and will also vote in favour of the proposed resolution for all
transferred voting rights, unless the respective noteholder indicates
otherwise.
The second noteholders' meetings for the ESA bond 2012/2027 (ISIN:
DE000A1R0RZ5 / WKN: A1R0RZ) and the ESA bond 2019/2029 (ISIN: DE000A2YNR08 /
WKN: A2YNR0) will take place on 3 and 4 June 2024 in Heidelberg.
The company calls on all noteholders to make use of their voting rights and
to participate in the second votes in order to achieve an attendance of 25%
of the outstanding bonds now required for a quorum.
******************************
How investors ensure that they cast their votes effectively:
In order to participate, investors require a "Special Verification and
blocking notice", which must be requested from the custodian bank. A
corresponding sample form can be found on the website on the pages of the
2012/2027 bond and the 2019/2029 bond respectively. In addition, noteholders
are usually informed by their custodian bank by letter or in their online
mailbox.
If noteholders do not wish to participate in person, they can issue a power
of attorney with instructions to the company's proxies. On the website of
Ekosem-Agrar AG, investors can find the corresponding form "Power of
Attorney and instructions to the company proxies", which you should send
(together with the blocking notice) by post or e-mail in advance of the
meeting to the contact details of Better Orange IR & HV AG stated on the
form.
All relevant information and documents can be found here:
https://www.ekosem-agrar.de/en/investor-relations/bonds/noteholders-meeting-2012-2027/
https://www.ekosem-agrar.de/en/investor-relations/bonds/noteholders-meeting-2019-2029/
If you have any further questions, please contact us at: ir@ekosem-agrar.de
About Ekosem-Agrar
Ekosem-Agrar AG, Walldorf, is the German holding company of the Ekoniva
Group, one of Russia's largest agricultural companies. With a herd of more
than 235,000 cattle (including over 112,500 dairy cows) and a milk output of
3,440 tons of raw milk per day, the company is the country's largest milk
producer. The group controls an agricultural area of around 630,000 hectares
and is also one of Russia's leading seed producers. The founder and CEO of
the company is Stefan Dürr, who has been active in Russian agriculture since
the late 1980s and has played a decisive role in its modernization over the
last three decades. He was awarded the Order of Merit of the Federal
Republic of Germany in 2009 for his services to the German-Russian
agricultural dialog. The Group has around 14,500 employees in nine
administrative regions in Russia. Ekosem-Agrar generated operating revenues
of EUR 1,152.0 million and EBITDA of EUR 396 million in the financial year
2022.
Ekosem-Agrar Contact
Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190
Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de
Press / Investor Relations
Fabian Kirchmann, Jonas Schneider // IR.on AG // T: +49 (0) 221 9140 970 //
E: presse@ekosem-agrar.de
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27.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
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End of News EQS News Service
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1911597 27.05.2024 CET/CEST
approval of the restructuring of the corporate bonds
EQS-News: Ekosem-Agrar AG / Key word(s): Bond/Capital Reorganisation
Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends
approval of the restructuring of the corporate bonds
27.05.2024 / 09:44 CET/CEST
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Ekosem-Agrar AG: Schutzgemeinschaft der Kapitalanleger e.V. recommends
approval of the restructuring of the corporate bonds
* Risks of a total loss significantly higher than the chance of repayment
once the geopolitical situation stabilizes
* All noteholders invited to participate in the second noteholders'
meetings on 3 and 4 June 2024 in Heidelberg
Walldorf, 27 May 2024 - Schutzgemeinschaft der Kapitalanleger e.V. (SdK),
one of Germany's leading investor associations with over 8,700 members, has
spoken out in favor of approving the restructuring proposal regarding the
Ekosem-Agrar bonds. In a newsletter to interested noteholders, SdK
emphasizes that, in its view, the problems at Ekosem-Agrar are "almost
exclusively due to the geopolitical situation". In summary, SdK considers
the risks of a total loss "to be much higher than the chance that the
geopolitical situation will stabilize again in the foreseeable future to
such an extent that the bonds can be repaid to the noteholders as planned".
Accordingly, the SdK will vote in favour of the proposed resolution for its
own holdings and will also vote in favour of the proposed resolution for all
transferred voting rights, unless the respective noteholder indicates
otherwise.
The second noteholders' meetings for the ESA bond 2012/2027 (ISIN:
DE000A1R0RZ5 / WKN: A1R0RZ) and the ESA bond 2019/2029 (ISIN: DE000A2YNR08 /
WKN: A2YNR0) will take place on 3 and 4 June 2024 in Heidelberg.
The company calls on all noteholders to make use of their voting rights and
to participate in the second votes in order to achieve an attendance of 25%
of the outstanding bonds now required for a quorum.
******************************
How investors ensure that they cast their votes effectively:
In order to participate, investors require a "Special Verification and
blocking notice", which must be requested from the custodian bank. A
corresponding sample form can be found on the website on the pages of the
2012/2027 bond and the 2019/2029 bond respectively. In addition, noteholders
are usually informed by their custodian bank by letter or in their online
mailbox.
If noteholders do not wish to participate in person, they can issue a power
of attorney with instructions to the company's proxies. On the website of
Ekosem-Agrar AG, investors can find the corresponding form "Power of
Attorney and instructions to the company proxies", which you should send
(together with the blocking notice) by post or e-mail in advance of the
meeting to the contact details of Better Orange IR & HV AG stated on the
form.
All relevant information and documents can be found here:
https://www.ekosem-agrar.de/en/investor-relations/bonds/noteholders-meeting-2012-2027/
https://www.ekosem-agrar.de/en/investor-relations/bonds/noteholders-meeting-2019-2029/
If you have any further questions, please contact us at: ir@ekosem-agrar.de
About Ekosem-Agrar
Ekosem-Agrar AG, Walldorf, is the German holding company of the Ekoniva
Group, one of Russia's largest agricultural companies. With a herd of more
than 235,000 cattle (including over 112,500 dairy cows) and a milk output of
3,440 tons of raw milk per day, the company is the country's largest milk
producer. The group controls an agricultural area of around 630,000 hectares
and is also one of Russia's leading seed producers. The founder and CEO of
the company is Stefan Dürr, who has been active in Russian agriculture since
the late 1980s and has played a decisive role in its modernization over the
last three decades. He was awarded the Order of Merit of the Federal
Republic of Germany in 2009 for his services to the German-Russian
agricultural dialog. The Group has around 14,500 employees in nine
administrative regions in Russia. Ekosem-Agrar generated operating revenues
of EUR 1,152.0 million and EBITDA of EUR 396 million in the financial year
2022.
Ekosem-Agrar Contact
Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190
Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de
Press / Investor Relations
Fabian Kirchmann, Jonas Schneider // IR.on AG // T: +49 (0) 221 9140 970 //
E: presse@ekosem-agrar.de
---------------------------------------------------------------------------
27.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
---------------------------------------------------------------------------
Language: English
Company: Ekosem-Agrar AG
Johann-Jakob-Astor-Str. 49
69190 Walldorf
Germany
Phone: +49 (0)6227 358 59 33
Fax: +49 (0)6227 358 59 18
E-mail: info@ekosem-agrar.de
Internet: www.ekosem-agrar.de
ISIN: DE000A1R0RZ5, DE000A2YNR08
WKN: A1R0RZ , A2YNR0
Listed: Regulated Unofficial Market in Berlin, Frankfurt,
Hamburg, Munich, Tradegate Exchange
EQS News ID: 1911597
End of News EQS News Service
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1911597 27.05.2024 CET/CEST
