Newsroom
Investor Relations
About us
Responsibility
EN
Sign up for Newsletter
  1. Home
  3. Newsroom
  5. Ad Hoc News
  7. 15.04.2023 13:38 CET/CEST: Naga Group AG resolves to issue convertible bond excluding statutory subscription right

15.04.2023 13:38 CET/CEST: Naga Group AG resolves to issue convertible bond excluding statutory subscription right

15.04.2023 / 11:38

Hamburg, April 15, 2023. The Management Board of The Naga Group AG today resolved, subject to the approval of the Supervisory Board, to issue a convertible bond with a total nominal amount of USD 8,200,000.00, excluding the statutory subscription rights for shareholders. The Company has already received a subscription commitment from a major investor. The issue amount corresponds to 100% of the nominal amount. The convertible bond has a coupon of 11% and a maturity of 6 months, from April 28, 2023 to October 30, 2023.The conversion price is USD 1.97.Conversion is possible at any time during the term. Upon full conversion, the share capital will increase by EUR 4,162,436, which corresponds to approximately 7.7% of the current share capital.

Sign up for newsletter 📨
Press contact
Andreas Luecke
The NAGA Group AG
ir@naga.com
Download PDF
Also available in German
Share the article:
Never miss an update!
Subscribe to our investor newsletter
Company
Who we areSign up for newsletterLegal Notice
Investor Relations
News and relevant presentation/webcastInvestment HighlightsFinancials & Core KPIsCorporate NewsAd Hoc NewsFinancial ReportsResearch/CoverageThe NAGA ShareCompany ProfileFinancial CalendarAnnual General MeetingsCapital Measures
Responsibility
CommitmentComplianceEmployeesEnvironmentSecurity & DataStakeholder DialogueСomplaints ManagementData Protection
Follow
work logo

The content of our pages has been created with the utmost care. However, we cannot guarantee the content’s accuracy, completeness or topicality. According to statutory provisions, we are furthermore responsible for our own content on these web pages. In this context, please note that we are accordingly not obliged to monitor merely the transmitted or saved information of third parties, or investigate circumstances pointing to illegal activity. Our obligations to remove or block the use of information under generally applicable laws remain unaffected by this as per 8 to 10 of the Telemedia Act (TMG).

Responsibility for the content of external links (to web pages of third parties) lies solely with the operators of the linked pages. No violations were evident to us at the time of linking. Should any legal infringement become known to us, we will remove the respective link immediately.

Our web pages and their content are subject to German copyright law. Unless expressly permitted by law (§ 44a et seq. of the copyright law), every form of utilizing, reproducing or processing works subject to copyright protection on our web pages requires the prior consent of the respective owner of the rights. Individual reproductions of a work are allowed only for private use, so must not serve either directly or indirectly for earnings. Unauthorized utilization of copyrighted works is punishable (§ 106 of the copyright law).

©2024 THE NAGA GROUP AG