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YOC AG: Announcement of early repayment of convertible bond 2018/2021

Berlin, 13 July 2021 – YOC AG, Berlin (hereinafter the «Company»), registered in the Commercial Register of the Local Court of Berlin (Charlottenburg) under HRB 119698 B, had issued the convertible bond 2018/2022 (WKN A2NBE5 / 593273 / ISIN DE000A2NBE59 DE0005932735) in the total nominal amount of EUR 1,550,600.00 (hereinafter the «Convertible Bond»), which was divided into up to 15,506 partial bonds with a nominal value of EUR 100.00 each (hereinafter each a «Bond»).

Each bond could be converted into no-par value bearer shares of the Company. After conversion of bonds has already taken place, there are currently 506 bonds (convertible into 6,325 shares) with a total nominal amount of EUR 50,600.00 remaining.

Pursuant to Section 6 (2) of the terms and conditions of the bonds, the Company is entitled to redeem the remaining outstanding bonds on July 31, 2021 at 110% of their nominal amount.
July 31, 2021 falls on a Saturday. Therefore, the redemption will take place on August 2, 2021 («Redemption Date»). The redemption will be made through Clearstream Banking AG step-by-step against derecognition of the bonds from the bondholders’ securities accounts.

The early redemption must be announced at least ten (10) business days prior to the redemption date. In advance of this, the Company hereby announces that it is exercising its right to early redemption of the convertible bonds as of July 31, 2021 with respect to the total of 506 bonds still outstanding and will redeem the bonds on the redemption date of August 2, 2021.

ContaCt

YOC AG
Investor Relations
Greifswalder Str. 212
10405 Berlin
Tel.: +49-30-726162-0
ir@yoc.com
www.yoc.com