Amatheon Agri Holding N.V.: Announcement of Settlement of Acquisition Offer

Amatheon Agri Holding N.V. / Key word(s): Miscellaneous 
Amatheon Agri Holding N.V.: Announcement of Settlement of Acquisition Offer 
 
23-Aug-2019 / 18:15 CET/CEST 
 
              Announcement of Settlement of Acquisition Offer 
 
? NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN 
OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR ANY 
OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE 
PROHIBITED BY APPLICABLE LAW. 
 
Amatheon Agri Holding N.V. (ISIN: NL0010273694), the Euronext listed 
agribusiness and farming group ("Amatheon Agri" or the "Company") announces 
today the settlement of the Acquisition Offer of its debt-to-equity swap of 
the Amatheon Financing B.V. ("Amatheon Financing") bonds. 
 
Bondholders of the 2% EUR 125 million July 2019 bond (ISIN: DE000A1ZML05) 
(the "Bond") agreed on 19 June 2019 in Berlin to convert all outstanding 
bonds into newly issued shares in Amatheon Agri. Shareholders of Amatheon 
Agri on 24 June 2019 agreed to effect the issuance of new shares in the 
Company's capital. On 19 August 2019 the Conversion Capital Increase in Kind 
was registered at the Netherlands Chamber of Commerce. 
 
The Bond was divided into 1,250 notes with a nominal value of EUR 100,000.00 
each (the "Notes") with an aggregate nominal amount of EUR 93,200,000 
outstanding. Each Bondholder is entitled with respect to each Note with the 
nominal amount of EUR 100,000 to acquire 527,704 newly issued shares in 
Amatheon Agri. 
 
The Company's shareholders authorized its Management Board for a period of 
18 months to resolve upon the issuance of up to 491,820,128 shares in the 
capital of the Company to the settlement agent in relation to the 
debt-to-equity swap and to determine the price and further terms and 
conditions of such issuance. Further, shareholders authorized the Management 
Board to resolve to limit or exclude pre-emptive rights in respect of any 
issuance of such shares. 
 
The execution of the debt-to-equity swap shows confidence in the Company and 
eliminates all external debt held by Amatheon Agri and Amatheon Financing. 
After the capital increase, Amatheon Agri's issued share capital will be 
increased by EUR 49,182,012.80. 
 
Carl Heinrich Bruhn, Amatheon Agri Founder and CEO, remarked, "Today is a 
momentous day for Amatheon Agri. The positive effect on the balance sheet 
will allow us close one chapter and focus our energies on investing in and 
production of high value crops as well as consumer goods. We look forward to 
the next phase and successes to come." 
 
Amatheon Agri has already had notable success in its farming and food 
strategy in Zambia, Zimbabwe and Uganda. These established businesses are a 
solid platform for further acquisitions and brownfield investments in 
Sub-Saharan Africa, and will bolster the Group's expansion into healthy 
 
foods, international markets and consumer goods. 
 
Details of the Shareholders and Noteholders Meetings resolutions can be 
found on the Company's website 
http://www.amatheon-agri.com/investor-relations [1]. 
 
The Management Board 
 
Berlin, Germany, 23 August 2019 
 
                                     * 
 
                                    * * 
 
For further information please see the Group's website www.amatheon-agri.com 
[2]. 
 
  All communications to the Group or the Management Board in connection with 
                                                               the foregoing 
 
                                               must be addressed as follows: 
 
                                                  Amatheon Agri Holding N.V. 
 
                                  Friedrichstrasse 95, 10117 Berlin, Germany 
 
                                                    Tel: [phone] 
 
                                                    Fax: [phone] 
 
                                           email: [e-mail] 
 
Dissemination of a Financial Wire News, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
Language:    English 
Issuer:      Amatheon Agri Holding N.V. 
             Friedrichstrasse 95 
             10117 Berlin 
             Germany 
Phone:       [phone] 
Fax:         [phone] 
E-mail:      [e-mail] 
Internet:    www.amatheon-agri.com 
ISIN:        NL0010273694 
EQS News ID: 862549 
 
End of Announcement - EQS News Service 
 
862549 23-Aug-2019 CET/CEST 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=b8ba18ad59716129ddbcc3a2b94e60d6&application_id=862549&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5d06fda943c635629dbbb06952734d14&application_id=862549&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

August 23, 2019 12:15 ET (16:15 GMT)