Timing might be subject to changes
13 January 2014: Approval to the summary judgments by Higher Regional Court Cologne
20 January 2014: The resolution on the capital reduction is registered in the Commercial Register
24 January 2014: Stock exchange trading of the bonds with the ISIN XS0478864225 and XS0641270045 is discontinued.
In preparation for the transactions to follow the bonds were transferred to a different depository. Due to this the ISIN of XS0478864225 was changed into DE000A1YC3A6 and the ISIN of XS0641270045 into DE000A1YC293 respectively.
27 January 2014: Shares are converted into consolidated shares with new International Securities Identification Number (ISIN DE000A1YCMM2).
27 January 2014: The German Federal Financial Supervisory Authority granted its approval to the security prospectuses of the New Shares and the New Bonds.
28 January 2014: The security prospectuses are published on the company’s website (in German).
29 January 2014: The purchasing offer is published on the German Federal Gazette (Bundesanzeiger).
31 January 2014: The current bonds are removed from the deposits and replaced by purchasing rights for the New Bonds and the New Shares as well as the right to receive the cash component resulting from the partial sale of shares to the new investor and the CEO.
3 February 2014: Beginning of the period in which the purchasing rights for the New Bonds and the New Shares as well as the additional subscription of the New Shares can be exercised.
21 February 2014: End of the period in which the purchasing rights for the New Bonds and the New Shares as well as the additional subscription of the New Shares can be exercised.
24 February 2014: The implementation of the capital increase against contribution in kind is registered in the Commercial Register. ⇒ Closing of the financial restructuring
26 February 2014: The New Bonds are admitted to the Regulated Market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse).
27 February 2014: First repayment of the New Bond 1017 is made. Moreover the cash component resulting from the sale of shares to the strategic equity investors is effected.
5 March 2014: Listing at the stock exchanges of both New Bonds 1017 and 1116 and the New Shares begins.
The sales revenues from the disposal of those New Shares and Bonds that have not been acquired by eligible bondholders are paid out pro rata. ⇒ The timing depends on when the disposal is completed.