7C Solarparken AG: resolves on a capital increase and option bond

Bayreuth (pta028/13.04.2023/17:35 UTC+2)

Bayreuth, 13.04.2023 – The Management Board of 7C Solarparken AG (WKN: A11QW6, ISIN: DE 000A11QW68; Frankfurt stock exchange, regulated market (General Standard)) today resolved, based on the resolution of the general meeting of 21 July 2022 and with the approval of the Supervisory Board, to increase the Company's issued share capital from EUR 79,847,983.00 by up to EUR 3,000,000.00 to up to EUR 82,847,983.00 by issuing up to 3,000,000 new no-par value bearer shares against cash contributions excluding the existing shareholders' subscription rights.

The 3,000,000 new shares will be offered in a private placement under exclusion of the subscription rights pursuant to Section 186 Paragraph 3 Sentence 4 of the German Stock Corporation Act to investors in Germany and other European countries at a fixed placement price of EUR 3.75. The new shares will be included without a prospectus in the existing listing in the Regulated Market segment of the Frankfurt Stock Exchange (General Standard).

An energy infrastructure investor has given a hard underwriting for a subscription totalling EUR 5 Mio.

The transaction is accompanied by M.M.Warburg & CO.

Furthermore, the Management Board resolved today subject to the approval of the Supervisory Board to issue an option bond expectedly in May 2023. The option bond consists of a bond with a total nominal value of approximately EUR 8 Mio. divided into 80.000 partial notes in bearer form with equal rights among each other and 4 Mio. options, with 50 options attached to each note. The bond will have a term of 5 years and will bear interest at a rate of 2.50% per annum on their principal amount. Each option entitles the holder to one ordinary bearer share of 7C Solarparken AG with no par value (no-par value shares) with a proportionate amount of the share capital of EUR 1.00 per share at an exercise price of EUR 3.75 in accordance with the applicable option conditions. The option bond is expected to be initially offered to the company's shareholders for subscription in May 2023. Remaining unsubscribed notes will be offered to investors in a private placement.

The proceeds from the capital increase will be used to increase the group's portfolio to 460 MWp by the end 2023 as well as constituting working capital for German projects currently under development (ca. 100 MWp).

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Emitter:	7C Solarparken AG An der Feuerwache 15 95445 Bayreuth Germany
Contact Person:	Koen Boriau
Phone:	+49 921 230557-77
E-Mail:	info@solarparken.com
Website:	www.solarparken.com
ISIN(s):	DE000A11QW68 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London