EQS-Adhoc: elumeo SE: Convertible bond 2023/2028 of up to € 1.2 million

Ad hoc announcement according to Art. 17 (1) MAR

elumeo SE: Convertible bond 2023/2028 of up to € 1.2 million

Berlin, December 14, 2023

ISIN: DE000A11Q059

WKN A11Q05

Ticker symbol: ELB

LEI: 391200KOQF8RGMZ3XK74

Stock exchange: Regulated market in Frankfurt (Prime Standard)
 

Berlin, December 14, 2023 – The Executive Board of elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewelry in Europe, has resolved to issue a convertible bond 2023/28 with a term of five years, an interest rate of 3.8% and with a total volume of up to EUR 1.2 million. The convertible bond will be offered to individual selected suppliers of the company, each of whom will acquire at least EUR 100,000 per investor. The subscription rights of existing shareholders have been excluded. If the share price of elumeo SE is above EUR 4.50 on at least 16 trading days in November 2028, the convertible bond will be automatically converted into elumeo shares; if the share price is below this level, repayment will be made in cash. The convertible bond is to be included in the Open Market of the Düsseldorf Stock Exchange.

This document is not for publication or distribution, directly or indirectly, in or into the United States. This document does not constitute or form part of an offer of securities for sale or solicitation of an offer to purchase securities in any other jurisdiction.  The securities referred to in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States or to or for the account or benefit of US persons (as such term is defined in Regulation S under the Securities Act), except on the basis of an applicable exemption from registration or in a transaction not subject to the registration requirements of the Securities Act.  There will be no public offering of securities anywhere.

About elumeo SE:

The Berlin-based elumeo Group is the leading European company in the electronic direct sales of high-quality gemstone jewelry. Through a variety of electronic sales channels (TV, Internet, Smart TV and smartphone app), the listed company offers its customers colored gemstone jewelry in particular at affordable prices. The elumeo Group operates home shopping TV channels in Germany and Italy as well as web stores in Germany, the UK, Italy, France, the Netherlands, Spain and Belgium. The elumeo Group operates the AI-driven video shopping app jooli.com with its wholly owned subsidiary.

Notifying person at the issuer;

elumeo SE

Managing Director (CFO)

Dr. Riad Nourallah

Contact:

elumeo SE                                                                                          

Investor Relations                                                                        

Erkelenzdamm 59/61, 10999 Berlin                                                

Tel.: +49 30 69 59 79-231                                                                 

Fax: +49 30 69 59 79-650                                                                

E-Mail: ir@elumeo.com

https://www.elumeo.com