Deutsche Beteiligungs AG announced a private placement to issue 1,000 debentures at an issue price of ?100,000 peer debenture for the gross proceeds of ?100,000,000 on June 28, 2024. The bonds bear interest rate between 5 and 5.5% at maturity rate of 5.5 years. Th conversion price is between 22.5 % to 27%.

The Convertible Bonds are convertible into up to 3,247,259 no-par value registered shares in the Company. The Convertible Bonds are issued at 100 per cent of par and will be due on January 5, 2030. The Convertible Bonds will bear interest at a fixed rate of 5.5 per cent p.a., The initial conversion price has been set at ?30.7952 euros, corresponding to a conversion premium of 22.5% on the reference share price of ?25.1389.

Rossmann Beteiligungs GmbH, a shareholder in the Company, and members of the Company's Board of Management have participated in the placement. The Convertible Bonds are expected to be issued on or around July 5, 2024. The Company has undertaken to comply with a customary lock-up ending 90 days after the Closing Date.