EANS-Adhoc: S&T AG resolves upon the issuance of a corporate bond with a volume of up to EUR15 million

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
other/Corporate bond

S&T AG resolves upon the issuance of a corporate bond with a volume of up to
EUR15 million

Linz, May 2, 2013. S&T AG  (ISIN: DE000A1HJLL6, WKN: A1HJLL) plans to issue a
corporate bond with a volume of up to EUR15 million, a 7.25% rate of interest,
and a term of five years. This was resolved today by the company's Managing
Board. The Supervisory Board has approved the measure. The net proceedings from
the bond are to be employed to refinance extant financial liabilities, thus
bringing about a well-balanced structure of outside capital.

The bearer convertible bonds can be subscribed for during the term of offering,
which is set to be from May 13, 2013 to at noon on May 17, 2013. This term could
be shortened. The listing of the bonds on the Open Market of Deutsche Börse AG
(the over-the-counter market of the Frankfurt Stock Exchange) is scheduled to
take place on May 22, 2013. This will be simultaneously accompanied by its
listing on the Entry Standard segment for bonds.

Close Brothers Seydler Bank AG, Frankfurt am Main, has been appointed Sole
Global Coordinator and bookrunner for the bond. Institutional investors can
submit their subscriptions to the bank. Private investors can subscribe to the
bond via their depository bank. This is to be undertaken by placing a
subscription order with the Frankfurt Securities Exchange.

The public offering of the bond will be undertaken exclusively on the
stipulations of the securities prospect, which is to be authorized by
Luxembourg's Financial Markets Supervisory Authority (Commission de Surveillance
du Secteur Financier). The authorization is expected for May 3, 2013. The
prospectus is to be communicated to the responsible authorities in Germany and

The bond: key facts

Issuer: S&T AG
Volume of issuance: Up to EUR15 million
Denomination: EUR 1,000
Interest warrant: 7,25% p.a.
Term of subscription: May 13 - May 17, 2013 at noon (right reserved for an
ahead-of-term expiration)
Term: 5 years, from May 22, 2013 (and including) to May 22, 2018 (exclusively)
Interest payments: annually, initially on May 22, 2014
Issue rate: 100%
Redemption rate: 100%
Kind of security: Bearer corporate bond
Exchange listing: Open Market of Deutsche Börse AG (over-the-counter market of
the Frankfurt Stock Exchange) in the Entry Standard segment for bonds

Further inquiry note:
S&T AG, ir@snt.at

end of announcement                               euro adhoc 

issuer:      S&T AG
             Industriezeile  35
             A-4021 Linz
phone:       +43(732)7664-0
FAX:         +43(732)7664-801
mail:     kontakt@quanmax.ag
WWW:      www.snt.at
sector:      Computing & Information Technology
ISIN:        AT0000A0E9W5
stockmarkets: regulated dealing/prime standard: Frankfurt 
language:   English

Weitere Meldungen: S&T AG

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