7C Solarparken AG: 7C Solarparken issues a Bond with Warrants 2023/2028 with shareholders' subscription rights

Bayreuth (pta051/28.04.2023/16:54 UTC+2)

7C Solarparken issues a Bond with Warrants 2023/2028 with shareholders' subscription rights

• By means of issuing the bond, the group secures approx. EUR 8 million in new financing with a term of 5 years assuming full placement
• the group will receive a fresh equity injection of up to EUR 15 million, if all options are exercised.

Subscription offer to the shareholders with possibility of oversubscription

On April 13, 2023, with the approval of the Supervisory Board of April 14, 2023, the Management Board of 7C Solarparken AG (WKN: A11QW6 / ISIN: DE000A11QW68) issued a Bond with Warrants 2023/2028 with a term of five years and a total nominal value of up to EUR 8 million with subscription rights for shareholders.

The Bond with Warrants 2023/2028 consists of a bond with a total nominal value of up to EUR 8 million divided into up to 80,000 bearer notes with equal rights and up to 4 million bearer warrants, with each note initially containing 50 warrants. The notes will have a term of 5 years and bear interest at an annual rate of 2.50% on their nominal value. Each warrant entitles the holder to purchase one no-par bearer share of 7C Solarparken AG 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 warrant terms and conditions. It is planned that the option rights can be exercised in three exercise periods in July and October 2023 and January 2024.

Shareholders have the right to subscribe notes at a ratio of 1,035:1 or EUR 100.00 (i.e. 1,035 shares entitle the holder to purchase 1 note with 50 separate warrants) at an issue price of 100% of the nominal value of EUR 100.00. In addition, shareholders are granted an oversubscription right for those notes with separated warrants for which the subscription right is not exercised by other shareholders. The subscription offer is expected to start in the second week of May. The Bond with Warrants 2023/2028 will be issued on the basis of the authorization granted by the Annual General Meeting on July 21, 2021.

The Bond with Warrants 2023/2028 is to be included in collective safe custody at Clearstream Banking AG, Eschborn, and included in the listing on the open market of the Frankfurt Stock Exchange (quotation board trading segment).

The issue is accompanied by futurum bank AG, Frankfurt as issuing bank. Notes with separated warrants that are not subscribed and allocated as part of the subscription offer (including the oversubscription option) are to be offered to selected investors for subscription under the same conditions as part of a private placement (non-public offering).

Koen Boriau, CFO of 7C Solarparken comments: The proceeds from the Bond with Warrants 2023/2028 (approx. EUR 8 million) will form an important building block for financing the growth of the portfolio to 460 MWp by the end of 2023 and the working capital of German projects which currently are under development (approx. 100 MWp). Shareholders exercising their subscription right and subscribing to the Bond with Warrants 2023/2028 can, on the one hand, effectively cancel out the dilution created by the latest capital increase in April 2023 by exercising the options and, on the other hand, contribute to the continued expansion of the project pipeline of 7C Solarparken and its objective to grow the own asset portfolio to 525 MWp as targeted by the end of 2024. If all options are exercised in full, the group would receive up to EUR 15 million in fresh equity.

About 7c Solarparken AG:

7C Solarparken is a pure PV owner / operator with an own asset portfolio of 422 MWp, including 6 MW onshore wind. Including the solar assets under management, the portfolio managed by the group stands at 472 MWp. The company's shares are listed in the General Standard segment of the regulated market in Frankfurt.

DISCLAIMER:

This publication and the information contained therein are advertising and constitute neither an offer to sell nor a solicitation to buy shares or bonds of the Company. A public subscription offer in Germany in the further course will be made in the form of an offer in the Federal Republic of Germany without a prospectus pursuant to Section 3 No. 1 WpPG. The Company will therefore not prepare and publish a securities prospectus in relation to the Subscription Offer. Such securities prospectus is therefore also not available as a basis of information for the subscription or acquisition of bonds or shares. As this is a prospectus-free offer pursuant to Section 3 No. 1 WpPG, no securities information sheet has been prepared either.

This publication is not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, the several states and the District of Columbia), Australia, Canada or Japan. This publication does not constitute or form part of any offer to sell, or any solicitation of any offer to buy or subscribe for, any shares in the United States, Australia, Canada or Japan. The shares referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and no such registration is contemplated. The shares may be sold or offered for sale in the United States only pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offering of shares or bonds of 7C Solarparken AG in the United States.

Contact:

7C Solarparken AG
Koen Boriau
Management Board
An der Feuerwache 15
95445 Bayreuth
Deutschland
TEL: +49 (0)921 230557-77
FAX: +49 (0)921 230557 79
EMAIL: info@solarparken.com
www.solarparken.com

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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