DGAP-Adhoc: Fyber N.V.: Exchange rate for intended debt-to-equity swap

DGAP-Ad-hoc: Fyber N.V. / Key word(s): Bond/Miscellaneous 
Fyber N.V.: Exchange rate for intended debt-to-equity swap 
 
20-Dec-2018 / 18:52 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
Today Fyber N.V. ("Fyber" or the "Company") has determined the exchange rate 
for the intended debt-to-equity swap regarding its 7/2020 convertible bonds 
(ISIN XS1223161651, the "Bonds"). 
 
The Company determined a swap price of EUR0.30 per new share, which will be 
offered to bondholders in exchange for their Bonds. This swap price is based 
on valuation work provided by M.M.Warburg & CO (AG & Co.) KGaA, Hamburg, 
Germany, who provided the Company with an indicative range of exchange 
ratios in the context of the planned debt-to-equity swap of the Bonds. 
Sapinda Holding B.V. ('Sapinda') has committed to support such swap and to 
assure the contribution of bonds in the amount of at least EUR70 million 
into such swap. 
 
In addition, the Company decided to offer Sapinda to exchange their EUR15 
million loan facility into new shares, under the same exchange conditions. 
 
Assuming a full swap of the EUR150 million Bonds and the Sapinda loan 
facility, this would result in an issuance of 550 million new shares and a 
new total number of 664 million outstanding shares. 
 
The extraordinary general meeting of shareholders which shall resolve upon 
the required capital increases will be convened in the following days. 
 
*Notifying person:* 
Yaron Zaltsman, CFO 
 
*Investor Contact: * 
Sabrina Kassmannhuber 
[e-mail] 
[phone] 
 
20-Dec-2018 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  Fyber N.V. 
          Johannisstr. 20 
          10117 Berlin 
          Germany 
Phone:    [phone] 
E-mail:   [e-mail] 
Internet: https://investors.fyber.com/ 
ISIN:     NL0012377394 
WKN:      A2DUJD 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Tradegate Exchange 
 
End of Announcement DGAP News Service 
 
761173 20-Dec-2018 CET/CEST 
 
 

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December 20, 2018 12:53 ET (17:53 GMT)