Ad hoc: Biofrontera AG: Decisions of the bond holder meeting of Biofrontera's 8% convertible
bond 20
Ad hoc: Biofrontera AG: Decisions of the bond holder meeting of Biofrontera's 8% convertible bond 2005/2010
(Thomson Reuters ONE) - Biofrontera AG / Misc. matters / Ad hoc: Decisions of the bond holder meeting of Biofrontera's 8% convertiblebond 2005/2010 Ad hoc announcement according to §15 WpHG processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------Leverkusen, Germany, 02 July 2009 - A meeting of the holders ofBiofrontera's 8% convertible bond 2005/2010 (ISIN: DE000A0E9649) hastaken place in Leverkusen today.The meeting has, with a three-quarter majority, decided to extend theduration of the bond up to the 2nd of July 2012, to nullify andcancel the interest payments from August 26, 2008, to August 25,2011, and to restructure the bond terms accordingly.The decisions did nevertheless not become legally binding since therequired majority of at least 50 percent of the outstanding bonds wasnot achieved.The meeting participants have then decided to hold a secondcreditor's meeting on July 23, 2009, at which a positive ruling of75% of the votes casted will be sufficient for legally bindingdecisions.Biofrontera AG, Hemmelrather Weg 201, 51377 Leverkusen, GermanyISIN: DE0006046113WKN: 604611Contact:Anke zur MühlenBiofrontera AGTel.: +49 (0214) 87 63 222Fax.: +49 (0214) 87 63 290E-mail: a.zurmuehlen(at)biofrontera.com --- End of Message ---Biofrontera AGHemmelrather Weg 201 Leverkusen GermanyWKN: 604611; ISIN: DE0006046113; Listed: Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart, Open Market in Frankfurter Wertpapierbörse, Regulierter Markt in Börse Düsseldorf;
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Datum: 02.07.2009 - 09:24 Uhr
Sprache: Deutsch
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