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Convertible bonds · Company statute Hrb19 Aug 2020 German Trade Register Announcements, Germany
Overview
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HRB 85281: Covestro AG,
Leverkusen, Kaiser-Wilhelm-Allee 60, 51373 Leverkusen
. The Annual General Meeting of 30 July 2020 has decided to amend the Articles of Association in Section 3 (transmission of information), Section 10 (convening and resolution), Section 14 (convening of the Annual General Meeting), Sections 15 (4) and 5 (participation) and Section 16 (expiration of the Annual General Meeting). Furthermore, the Annual General Meeting has decided to cancel the previous capital and to create a new authorized capital (Authorised Capital 2020) in Section 4 (2). Finally, the Annual General Meeting decided to cancel the existing conditional capital and to rewrite Section 4 (3) for the creation of conditional capital (Conditional Capital 2020). The Management Board is authorized to increase the share capital of the Company by up to a total of EUR 73,200,000.00 in the period up to 29 July 2025 with the approval of the Supervisory Board by issuing new no-par value shares denominated in the holder against cash and/or non-cash contributions (Authorized Capital 2020). The authorisation may also be used in instalments. The share capital of the company is conditionally increased by up to EUR 18,300,000.00 (Conditional Capital 2020) for the grant of acts to the holders or creditors of convertible and/or option bonds. For further details, reference is made to the Statutes. As not registered is made known: The conditional capital increase is made for the conditional capital increase is carried out only to the extent that such as holders or creditors of convertible bonds or warrants issued by the Board of Management by the Covestro AG or by a group company until 29 July 2025, comply ingessay/option obligations or offer shares and are not used to service other forms of service, as a result of the authorisation of the Board of Management issued by the Covestro AG or by a group company until 29 July 2025. The new shares shall be issued at the conversion/option prices to be determined in accordance with the above-specified authorisation decision in the terms and conditions of the bond or option.
This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The current state is available on the following page: Covestro AG, Leverkusen, Germany.
