The CARPEVIGO Holding AG Bond I

Overview of the key data

ISIN DE 000A1MA46 6
Security no. 14296260
Issue/issue price 100%; Nominal amount plus accrued interest and the usual bank charges
Issue volume 15 Mio. Euro
Current volume transacted
Type and denomination A total of 15,000,000 bearer bonds with a nominal value of EUR 1.00  each, convertible into new or existing bearer shares with a nominal value of EUR 1.00 each.
Security type Convertible bond (repayment at EUR 1.00 per unit, provided the conversion right is not exercised)
Minimum investment 50.000 Euro
Nominal amount 1,00 Euro
Interest 7,00% p.a. (ACT/ACT)
Interest payment Interest is calculated semi-annually and is due in arrears on 30.06. and 31.12. of each year, for the first time on 30.06.2012 for the period from 09.11.2011 to 30.06.2012.

The convertible bond’s interest period begins on 09.11.2011 and ends at the end of 31.12.2015.

Duration till 31.12.2015 (End of term)
Conversion rights The convertible bonds are convertible into ordinary bearer shares by exercising the conversion right no later than 5:00 p.m. on business days from the 11th stock exchange trading day after the initial listing of the issuer’s share until the 20th business day before the maturity date.

The conversion right may not be exercised on the occasion of general meetings of the issuer during a period commencing on the fifth business day preceding the last day fixed for registration and ending on the business day following the general meeting (in each case inclusive).

The conversion right may also not be exercised during the period from the day on which an offer by the issuer to its shareholders for the subscription of shares, option rights for own shares, bonds with conversion or option rights or obligations, profit participation bonds or of profit participation certificates or a similar offer (including offers pursuant to the German Conversion Act) is published in the Company’s journals (the first publication being authoritative) until the last day of the period determined for the exercise of the subscription right (in each case inclusive).

Initial conversion price 110% of the average closing price of the Issuer’s shares in XETRA trading or a functionally comparable successor system replacing the XETRA system) within the first 10 trading days after the initial listing of the share, but at least EUR 6.00 per share.