Result Voluntary Tender Offer "VQT20 Bonds"

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT

 

Ad Hoc Notice pursuant to Art. 53 of the SIX Swiss Exchange Listing Rules

 

13 December 2024

 

va-Q-tec AG (the "Issuer")

 

Tender Offer Result

On 2 December 2024, the Issuer launched a voluntary tender offer (freiwilliges Rückkaufangebot) (the "Tender Offer") in relation to its CHF 25,000,000 3¾% Bonds 2020-2025 (security number: 50'607'131, ISIN: CH0506071312, Ticker: VQT20) issued in 2020 (the "VQT20 Bonds"). The VQT20 Bonds have a nominal value of CHF 5,000 each and will mature on 30 November 2025 (the "Maturity Date").

As per the end of the Tender Offer Period, VQT20 Bonds with a nominal value of CHF 1,560,000 (6.24% of all outstanding VQT20 Bonds) have been tendered to the Issuer and will be cancelled and, therefore, VQT20 Bonds with a nominal amount of CHF 23,440,000 remain outstanding. Settlement with respect to the tendered VQT20 Bonds will occur on 18 December 2024 in accordance with the terms of the Tender Offer.

VQT20 Bonds not tendered in the Tender Offer will remain outstanding and listed on the SIX Swiss Exchange Ltd., subject to a potential clean-up call following the acquisition and cancellation of at least 80% of the VQT20 Bonds by the Issuer.

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