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Exer­cise of con­ver­sa­ti­on rights leads to an incre­a­se in the equi­ty of Von Roll Hol­ding AG

Au/Wädenswil, Octo­ber 28, 2016 — Regar­ding the con­ver­ti­ble bond issued by Voll Roll Hol­ding AG on June 18, 2014, lead mana­ger and con­ver­si­on agent of Von Roll Hol­ding AG Pri­vat­bank IHAG Zürich AG announ­ced on Octo­ber 27, 2016 that 40,000 con­ver­si­on decla­ra­ti­ons had been recei­ved that day.

On June 18, 2014, Von Roll Hol­ding AG issued an unse­cu­red con­ver­ti­ble bond (A1ZKEQ) of CHF 61 mil­li­on due in 2020. Accord­ing to the pro­vi­si­ons of the issue pro­spec­tus, bond­hol­ders may exer­cise their con­ver­si­on rights at any time from a year after the issue date until seven tra­ding days befo­re matu­ri­ty or, if the bond is redeemed befo­re matu­ri­ty, until ten tra­ding days befo­re the date of ear­ly redemp­ti­on. As lead mana­ger of the con­ver­ti­ble bond and con­ver­si­on agent of Von Roll  Hol­ding AG, Pri­vat­bank IHAG Zürich AG announ­ced on Octo­ber 27, 2016 that a total of 40,000 con­ver­si­on decla­ra­ti­ons had been recei­ved that day. This amounts to CHF 40 mil­li­on of the CHF 61 mil­li­on that had been issued. Based on the figu­res publis­hed in the Semi-Annu­al Report, the con­ver­si­on decla­ra­ti­ons that were exer­cis­ed have led to an incre­a­se in equi­ty of CHF 36.0 mil­li­on, from CHF 72.8 mil­li­on to CHF 108.8 million.

 

About Von Roll Hol­ding AG: As a Swiss indus­tri­al com­pa­ny, Von Roll Hol­ding AG focu­ses on pro­ducts and sys­tems for power genera­ti­on, trans­mis­si­on, and sto­rage. Von Roll is a glo­bal mar­ket lea­der for electri­cal insu­la­ti­on pro­ducts, sys­tems, and ser­vices and has a world­wi­de pre­sence in about 28 sites in 15 coun­tries with 1,856 employees.

 

Con­ta­ct

Clau­dia Güntert
Head of Cor­po­ra­te Communications
& Inves­tor Relations
T +41 61 785 52 36
F +41 61 785 58 92
E press@vonroll.com

 

This press release is based on infor­ma­ti­on cur­r­ent­ly avail­ab­le. Unfo­re­see­ab­le risks and influ­en­ces may lead to dis­crepan­ci­es with the state­ments made here. For more infor­ma­ti­on on the com­pa­ny and its busi­ness per­for­mance, plea­se refer to the Annu­al and Semi-Annu­al Report of Von Roll Hol­ding AG which is avail­ab­le in digi­tal form at https://www.vonroll.com/en/.