7C Solarparken AG: Placement of 2023/2028 Bonds with Warrants in the amount of ca. EUR 6.9 million

Bayreuth (pta036/23.05.2023/14:30 UTC+2)

The placement of the 2023/2028 Bond with Warrants of 7C Solarparken AG with a total nominal value of up to EUR 8 million with shareholders' subscription rights has been completed. The 2023/2028 Bond with Warrants was placed with existing shareholders in the amount of ca. EUR 6.9 million, who have exercised their subscription or oversubscription rights. The Management Board has resolved to refrain from a subsequent private placement.

Bonds with a total nominal value of EUR 6,916,800.00 will be issued, divided into 69,168 bearer notes with equal rights (ISIN DE000A351NK9) with a nominal value of EUR 100.00 per note, with each note containing 50 options (ISIN DE000A351NH5). As a result, a total of 3,458,400 options were issued. Each option entitles the holder to purchase a share in 7C Solarparken AG (ISIN: DE000A11QW68) with a pro rata 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 terms and conditions.If all options are exercised in full, the group would receive up to ca. EUR 13 million in fresh equity.

The funds from the 2023/2028 Bond with Warrants are to form an important component for financing the portfolio growth to 460 MWp by the end of 2023 and the working capital for the German projects currently under development (approx. 100 MWp).

The issue is accompanied by futurum bank AG, Frankfurt as issuing bank.

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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