Obbligazione ADO Patrimoine S.A 1.25% ( DE000A2RUD79 ) in EUR

Emittente ADO Patrimoine S.A
Prezzo di mercato 100 EUR  ⇌ 
Paese  Germania
Codice isin  DE000A2RUD79 ( in EUR )
Tasso d'interesse 1.25% per anno ( pagato 2 volte l'anno)
Scadenza 22/11/2023 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione ADO Properties S.A DE000A2RUD79 in EUR 1.25%, scaduta


Importo minimo 100 000 EUR
Importo totale 165 000 000 EUR
Descrizione dettagliata ADO Properties S.A. č una societā immobiliare tedesca focalizzata sull'acquisizione, la gestione e lo sviluppo di immobili residenziali a Berlino e nelle principali cittā tedesche.

The Obbligazione issued by ADO Patrimoine S.A ( Germany ) , in EUR, with the ISIN code DE000A2RUD79, pays a coupon of 1.25% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 22/11/2023







NOTICE TO BONDHOLDERS


Date: 20 June 2019
Notice to the holders of the outstanding
EUR 165,000,000 Senior, Unsecured Convertible Bonds due 23 November 2023
of ADO Properties S.A., having its registered office at 1B Heienhaff, L-1736 Senningberg, Grand
Duchy of Luxembourg and registered under number RCS B 197554
(the "Issuer")

(ISIN: DE000A2RUD79 / WKN: A2RUD7)
NOTICE IS HEREBY GIVEN by the Issuer to the holders ("Bondholders") of the outstanding EUR
165,000,000 senior, unsecured convertible bonds due 23 November 2023 (ISIN: DE000A2RUD79 / WKN:
A2RUD7) (the "Bonds"), of adjustments of the Conversion Price and the Reference Dividend (both as
defined in the terms and conditions of the Bonds) due to distribution of Extraordinary Dividend to the Issuer's
shareholders, as follows:
(i) Adjustment of Conversion Price due to Distribution of Extraordinary Dividend to Shareholders
Reason for the adjustment:
Adjustment of the Conversion Price pursuant to §10(e)(ii) of the terms
and conditions of the Bonds due to the Extraordinary Dividend resulting
from payment of a Cash Dividend of EUR 0.75 per Ordinary Share. The
payment of such dividend was approved at the annual general meeting
of the shareholders on 20 June 2019.
Old Conversion Price:
EUR 60.5690
New Conversion Price:
EUR 60.3444
Record Date:
20 June 2019
Effective Date for the
Retroactively from 19 June 2019, being the day
new Conversion Price:
immediately prior to the Record Date set out above

(ii) Concurrent Adjustment of Reference Dividend due to Adjustment of Conversion Price
Reason for the adjustment:
Adjustment of the Reference Dividend pursuant to §10(o) of the terms
and conditions of the Bonds due to the abovementioned requirement to
make adjustments of the Conversion Price.
Old Reference Dividend:
EUR 0.60
New Reference Dividend:
EUR 0.5978



Capitalised terms used but not defined herein have the meanings set out in the terms and conditions of the
Bonds.
This notice is given by
ADO Properties S.A.
About ADO Properties
ADO Properties is a company that focuses on the residential real estate sector and owns a
property portfolio of around 24,000 units in Berlin. The company operates an entirely integrated,
scalable in-house platform that includes a dedicated property administration. The portfolio of
ADO Properties is concentrated in central locations inside Berlin's S-Bahn-Circle and in
attractive districts on the city's periphery.
Disclaimer
This announcement, constituting a notice to the Bondholders regarding certain adjustments made in accordance with
the terms and conditions of the abovementioned convertible bonds, is for information purposes only and does not
contain or constitute or form part of, and should not be construed as, an offer or invitation to sell, or the solicitation of
an offer to buy or subscribe for, any securities.
The distribution of this press release and the offer and sale of the securities referred to herein may be restricted by law
in certain jurisdictions and persons reading this press release should inform themselves about and observe any such
restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such
jurisdiction.
The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act") and may not be offered or sold except pursuant to registration or in a transaction
exempt from, or not subject to, the registration requirements of the Securities Act. There was no public offer of the
securities referred to herein. The securities have been sold.