+49 (0) 921 / 2 30 59 06 - 0

Convertible bond

In 2015, we issued a convertible bond 2015/2020 (ISIN: DE000A13SHL2) to finance our business activities.

This grants the holders a right to interest payments and repayment of the principal. Alternatively, since October 1, 2018 until January 31, 2020 the holders had the right to convert the bond into shares of the company.

Creditors' meeting in times of Corona crisis

Corona crisis and ban on meetings in Bavaria have forced SeniVita Social Estate AG to postpone the creditors' meeting in terms of time and space. The creditor meeting was originally planned for 31 March 2020. Now, the creditors' meeting should take place on the basis of an expected exemption on Tuesday, 7 April 2020 at 12:00 noon in the business premises of SeniVita Social Estate AG, Wahnfriedstraße 3, 95444 Bayreuth. The bondholders get the opportunity to submit questions in advance, to follow the meeting online and to vote by issuing instructions to your proxies.

However, since unexpected difficulties, which may prevent the meeting, cannot ruled out, as a precautionary measure SSE AG also requests the creditors to hold a new vote without a meeting within the period from Saturday, 4 April 2020 at 0:00 midnight till Tuesday, 7 April 2020 at 24:00 midnight.

As a precautionary measure, both votes will be held in parallel, unless the meeting by presence has to be cancelled due to the Corona crisis. The resolution recommendations of SeniVita Social Estate AG are exactly the same in both cases, except that in the new invitation to vote without a meeting, the company adopts the cross-motion of FINEXIS S.A., which it would also be supported at the creditors' meeting, and puts it to the vote as its own proposal.

The forms provided refer - as far as possible - to both votes. If you give the proxies a power of attorney that applies to both voting processes, you do not have to cast your own vote in the vote without meeting, but you do have to register (the proxy) for the creditors' meeting.

If you
- use the above-mentioned form "give proxy to the proxies for both voting processes",
- make a "registration (of the proxy) for the creditors' meeting" for the creditors' meeting and
- produce a "special proof with a restricition note for both voting processes",
your voting rights will be exercised automatically in the attendance meeting and in the voting without a meeting. You do not need a separate voting form.

In case you do not wish to authorize the proxies to vote in the vote without meeting, we also have an alternative form for your own voting in the vote without meeting that you can (but do not have to) use. Please request this form by e-mail to versammlung@linkmarketservices.de.

You can download the bond terms and conditions here

You can download the securities prospectus here

You can download the based information sheet here

Here you can see the value of the backup stock as of key date 27.11.2019