CANCOM SE successfully places EUR 45 million convertible bonds

Munich, Germany, March 20, 2014 - CANCOM SE announces the successful placement of convertible bonds (the "Bonds") with a maturity until March 2019 and a total placement volume of EUR 45 million. The Bonds are convertible into approximately 1 million new, non-par bearer shares of CANCOM SE, excluding any pre-emptive rights of shareholders. The proceeds of the issue from the convertible bond offering serves for financing future growth both organic and through acquisitions.

"The great interest of investors shows that we are on the right track with our growth strategy and that we provide an interesting perspective for the capital market", Klaus Weinmann, CEO of CANCOM SE comments on the placement.

The Bonds will be issued at 100 % and will carry a coupon of 0.875 % p.a. paid annualy. The initial conversion price amounts to EUR 42.6334 and thus includes a conversion premium of 20 % above the current share price.

The bonds were offered only to institutional investors outside the US, Canada, Australia and Japan within the framework of a private placement. The bonds are issued through CANCOM SE on March 27 2014 and are to be included to trading on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange.

Commerzbank AG und Joh. Berenberg, Gossler & Co. KG were acting as Joint Bookrunners in the transaction.


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Sebastian Bucher
Manager Investor Relations