Thun, 9 March 2017
Meyer Burger – Verdict by High Court of the Canton of Berne has become final; Adjustments of the conditions of the CHF 100 million convertible bond effective as of 17 March 2017
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that the verdict by the High Court of the Canton of Berne dated 20 January 2017 has become final after expiry of the appeal period. The verdict approved the amendments of the conditions for the CHF 100 million convertible bond as previously approved by the bondholders’ meeting on 25 November 2016.
With the legal validity of the verdict, the recapitalisation programme of Meyer Burger is finally and successfully completed.
The effective date for the adjustments of the conditions of the convertible bond is 17 March 2017. In conjunction with Article 10 of the conditions of the convertible bond, bondholders can also find information about the amendments of the conditions and the effective date on the website of SIX Swiss Exchange:
Link to earlier press releases by the Company regarding the verdict of the High Court of the Canton of Berne (dated 20 January 2017) and the amendments of the conversion price (dated 30 January 2017):
Phone: +41 (0)33 221 28 34
c/o Tolxdorff & Eicher Consulting
Phone: +41 (0)33 221 28 83