Ekosem-Agrar AG: Trading of corporate bond 2012/2027 temporarily suspended for technical reasons related to securities

Ekosem-Agrar AG: Trading of corporate bond 2012/2027 temporarily suspended for technical reasons related to securities

5 December 2022 Corporate News

  • Implementation of the resolutions of the noteholders' meeting requires application for re-inclusion
  • Trading of the ESA Bond 2019/2029 runs regularly

Walldorf, 5 December 2022 - Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva group, announces that trading of the Ekosem-Agrar bond 2012/2027 (ISIN: DE000A1R0RZ5) was temporarily suspended at the close of trading on Friday, 2 December 2022. This is due to the technical implementation of the amended bond terms. Against the background of the original maturity date of the bond on 6 December 2022, the deposit of the effectively amended bond terms with the stock exchange requires a few days. In addition – also due to technical reasons – a new inclusion of the bond in trading is necessary, as the period between the implementation of the resolutions and the original maturity date of the bond was too short for a timely conversion.

The deposit of the amended terms and conditions of the 2019/2029 bond (ISIN: DE000A2YNR08), on the other hand, could be carried out without any interruption in trading and trading continues as normal, even though the previous terms and conditions are still being displayed at banks and stock exchanges in some cases.

The Company will inform investors via its website at https://www.ekosem-agrar.de/en/news/ as soon as trading resumes.

The amended terms and conditions of the Bonds are available on the Company's website at https://www.ekosem-agrar.de/en/investor-relations/bonds/bond-2012-27/ (ESA Bond 2012/2027) and https://www.ekosem-agrar.de/en/investor-relations/bonds/bond-2019-29/ (ESA Bond 2019/2029).

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, is the German holding company of the EkoNiva Group, one of Russia’s largest agricultural companies. With a herd of more than 220,000 cattle (including over 110,000 dairy cows) and a milk output of more than 3,300 tons of raw milk per day, the company is the country's largest milk producer. The group controls an agricultural area of approximately 630,000 hectares and is also one of Russia's leading seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in Russian agriculture since the late 1980s and has played a key role in its modernization over the past three decades. In 2009, he was awarded the Federal Cross of Merit for his services to the German-Russian agricultural dialogue. The group of companies has around 13,000 employees in nine administrative regions in Russia. Ekosem-Agrar generated operating revenue of EUR 565 million and adjusted EBITDA of EUR 167 million in fiscal 2019.

Ekosem-Agrar Contact

Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de

Press / Investor Relations

Fabian Kirchmann, Jonas Schneider // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de