GUBOR SCHOKOLADEN: Implementation of trustee model and extension of subscription period for the Gubor Bond 2024/2029

Dettingen unter Teck, 25 November 2024 - Gubor Schokoladen GmbH has adjusted the terms and conditions of the bond and the duration of the offer in the course of its ongoing initial offering of a corporate bond (ISIN: DE000A383SJ3 | WKN: A383SJ) based on feedback from investor discussions.

This includes the appointment of MSW GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft as trustee company. In accordance with the trust agreement dated 25 November 2024, the gross proceeds will be paid out via a trust account. After the bond has been issued, the condition for the release of the gross proceeds by the trustee company is the existence of a confirmation from an independent consulting firm that the issuer's financing is guaranteed for a period of 18 months. The new trustee model aims at providing investors with a high degree of security regarding the use of the proceeds for the transition process, in which the prolongation of working capital loans is to be regulated. The intended use provides for the refinancing of existing bank loans and the complete takeover of Hans Riegelein & Sohn GmbH & Co KG. This is intended to enable the company as a whole to place its medium to long-term financing structure on a broader footing following the acquisitions and investments of recent years by strategically opening up to the capital market. At the same time, the company has therefore decided to issue the bonds independently of the minimum volume of EUR 50,000,000.00 previously stipulated in the prospectus.

In order to give investors the opportunity to gain an impression of the structure and viability of the adjusted terms of the Gubor Bond 2024/2029, the offer periods will be extended by seven calendar days. This applies both to the Private Placement and the Public Offer via the Issuer's website and to the Public Offer via the subscription functionality DirectPlace of Deutsche Börse AG. The Public Offer via the Issuer's website will therefore end on 2 December 2024 (12:00 noon), the Public Offer via the subscription functionality on 4 December 2024 (12:00 noon). The interest rate and the total nominal amount will be determined and published as part of an interest rate and volume determination announcement on 4 December 2024. 9 December 2024 has been determined as the issue date of the bonds (value date). On the same day, the bonds are also to be included for trading in the Open Market (Freiverkehr of the Frankfurt Stock Exchange) in the Quotation Board segment.

The supplement to the securities prospectus required for the adjustment is to be approved today by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg. The legally binding securities prospectus including the supplement as well as further information on the company and the offer can be found at: www.gubor-anleihe.de under the heading "Bond 2024/2029".

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Gubor Schokoladen GmbH | Dieselstraße 9 | 73265 Dettingen/Teck | Management: Claus Cersovsky, Udo Zimmer, Rüdiger Bonner, Peter Riegelein | Stuttgart Local Court HRB 726164
 

Disclaimer

This release contains ADVERTISING. This release and the information contained herein do not constitute and should not be construed as an offer to sell or a solicitation of an offer to buy any securities of Gubor Schokoladen GmbH in the Federal Republic of Germany or the Republic of Austria or in the Grand Duchy of Luxembourg or in any other jurisdiction, in particular if such offer or solicitation is unlawful or unauthorised, and does not replace the securities prospectus. Potential investors in partial debentures of the 2024/2029 bond of Gubor Schokoladen GmbH are requested to inform themselves about such restrictions and to comply with them. An investment decision regarding the partial debentures of the Bond 2024/2029 of Gubor Schokoladen GmbH may only be made on the basis of the securities prospectus approved by the Luxembourg Financial Market Authority (Commission de Surveillance du Secteur Financier – CSSF) on 6 November 2024, which is published at www.gubor-anleihe.de, http://www.luxse.com/ and at https://my.oekb.at/. Approval by the CSSF should not be construed as an endorsement of the securities offered. Potential investors should read the prospectus before making an investment decision in order to fully understand the potential risks and rewards of deciding to invest in the securities. The information contained in this document may not be distributed outside the Federal Republic of Germany, the Republic of Austria and the Grand Duchy of Luxembourg, in particular not in the United States, to U.S. persons (as defined in Regulation S under the United States Securities Act of 1933) or to publications with a general circulation in the United States, unless such distribution outside the Federal Republic of Germany, the Republic of Austria and the Grand Duchy of Luxembourg is required by mandatory provisions of applicable law. Any violation of these restrictions may constitute a violation of the securities laws of certain countries, in particular the United States. Bonds of Gubor Schokoladen GmbH will not be publicly offered for sale outside the Federal Republic of Germany, the Republic of Austria and the Grand Duchy of Luxembourg.