HOCHDORF Holding AG

EQS-Adhoc: HOCHDORF Holding AG: Early repayment of 3.0% convertible bond 2011 - 2016



EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Bond
HOCHDORF Holding AG: Early repayment of 3.0% convertible bond 2011 - 2016

26.11.2015 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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NOT FOR DISTRIBUTION IN THE UNITED STATES, THE EUROPEAN ECONOMIC AREA AND THE
UNITED KINGDOM

HOCHDORF Group press release on early repayment of convertible bond

Early repayment of 3.0% convertible bond 2011 - 2016

Hochdorf, 26 November 2015- HOCHDORF Holding Ltd announces the early repayment
of the outstanding amount of its 3.0% convertible bond 2011 - 2016.

HOCHDORF Holding Ltd is to repay 100% of the outstanding amount, including
accrued interest, of the 3.0% convertible bond agreed in May 2011. The
conditions for an early repayment of the convertible bond by the company have
been met in accordance with point 4.7.2.1 of the terms and conditions of the
bond since the price of the HOCHDORF Holding Ltd named shares at close of
trading was listed at over CHF 160.03 (130% of the current conversion price of
CHF 123.10) within a period of 30 consecutive trading days, beginning on 28
October 2015.

The last day on which conversion privileges may be exercised is 18 December
2015.

Insofar as bondholders do not exercise their conversion privileges, the nominal
amount of the convertible bond shall be repaid plus the additional accrued
interest of CHF 86.25 per nominal CHF 5,000.00 on 28 December 2015 in accordance
with the provisions stipulated by the bond's terms and conditions.

Planned timeline

18/12/2015 Last day to exercise conversion privileges

23/12/2015 Last trading day of the 3.0% convertible bond 2011 - 2016

28/12/2015 Repayment of the 3.0% convertible bond 2011 - 2016
 
Further enquiries and additional information:

Contact: Dr. Christoph Hug, Head of Corporate Communications HOCHDORF Group,
Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23,christoph.hug@hochdorf.com

Legal note
This press release and the information included in it may not be released or
made public in the United States of America or to citizens of the USA (including
legal representatives) or distributed or disseminated in media with widespread
coverage in the USA. Any infringement of these restrictions may result in a
violation of US securities regulations. This bond shall not be offered for sale
beyond the Swiss national borders. This press release does not constitute an
offer of sale or an underwriting of securities; it shall be deemed neither to be
an issuing prospectus in line with Art. 652a/1156 of the Swiss Code of
Obligations [OR] nor to be a listing prospectus in the sense of the SIX Swiss
Exchange's listing regulations.

 

End of ad hoc announcement

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26.11.2015 News transmitted by EQS Schweiz AG. www.eqs.com - news archive:
http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.
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Information and Explaination of the Issuer to this News:


The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales
revenue of CHF 428.7 million in 2014. It is one of the leading foodstuff
companies in Switzerland, employing 573 staff as of 31/12/2014. Made from
natural ingredients such as milk, wheat germ and oil seeds, HOCHDORF products
have been contributing to our health and wellbeing since 1895 - from babies to
senior citizens. Its customers include the food industry and the wholesale and
retail sectors. Its products are sold in around 80 countries. The shares are
traded on the SIX Swiss Exchange in Zurich (ISIN CH0024666528).


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Language: English

Company:  HOCHDORF Holding AG

          Siedereistrasse 9

          6281  Hochdorf

          Switzerland

Phone:    +41 41 914 65 65

Fax:      +41 41 914 66 66

E-mail:hochdorf@hochdorf.com

Internet: www.hochdorf.com

ISIN:     CH0024666528

Listed:   Foreign Exchange(s) SIX


End of News EQS Group News Service

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