On November 30, 2023, Bechtle successfully placed unsubordinated unsecured convertible bonds with a principal amount of €300 million, ISIN: DE000A382293 (the Convertible Bonds) with conversion rights into new and/or existing no-par value ordinary shares of Bechtle AG.
The pre-emptive rights of the existing shareholders of Bechtle AG at this time are excluded.
The convertible bonds (denomination of € 100,000 each) will be issued and redeemed at 100% of their principal amount.
The maximum maturity is seven years.
The Bonds will bear interest at a rate of xx %.
The initial conversion price has been set at € xx,xx, representing a premium of xx % above the reference share price of € xx,xx.
For further information, please refer to the ad hoc announcement of November 30, 2023 as well as the press release of the same day.
