Release according to article 40 para. 1 WpHG
Biofrontera AG: Release according to Article 40, Section 1 of the WpHG
Leverkusen, Germany (pta049/07.11.2022/16:40 UTC+1) - Release of Voting Rights Announcement
Voting Rights Announcement
1. Details of issuer
| Name: | Biofrontera AG |
| Legal Entity Identifier (LEI): | 391200D6GFSVFGFQTL13 |
| Street: | Hemmelrather Weg 201 |
| Postal code: | 51377 |
| City: | Leverkusen, Germany |
2. Reason for notification
Exercise of financial instruments
3. Details of person subject to the notification obligation
Legal entity: Biofrontera Inc.
City and country of registered office:
Woburn, Massachusetts,
United States of America (USA)
4. Names of shareholders holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached
01.11.2022
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights through instruments (total of 7.b.1 + 7.b.2) | Total of both in % (7.a. + 7.b.) | Total number of voting rights pursuant to Sec. 41 WpHG | |
|---|---|---|---|---|
| New | 2.40 | 4.94 | 7.34 | 56,717,385 |
| Previous notification (if applicable) | 0.00 | 7.13 | 7.13 |
7. Details on total positions
a. Voting rights attached to shares (Sec.s 33, 34 WpHG)
| ISIN | Absolute direct (Sec. 33 WpHG) | Absolute indirect (Sec. 34 WpHG) | In % direct (Sec. 33 WpHG) | In % indirect (Sec. 34 WpHG) |
|---|---|---|---|---|
| DE0006046113 | 1,361,273 | 0 | 2.40 | 0.00 |
| Total: | 1,361,273 | 2.40 |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
| type of instrument | Maturity / Expiration | Exercise or conversion period | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|
| purshase option | 30.11.2022 | 30.11.2022 | 1,262,092 | 2.23 |
| Total: | 1,262,092 | 2.23 |
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
| type of instrument | Maturity / Expiration | Exercise or conversion period | Cash or physical transaction | Voting Rights Absolute | Voting Rights in % |
|---|---|---|---|---|---|
| Convertible Payment obligation | 6.12.2022 | 5.12.2022 | n/a | 1,540,872 | 2.72 |
| Total: | 1,540,872 | 2.72 |
8. Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity
| Name | % of voting rights (if at least 3% or more) | % of voting rights through instruments (if at least 5% or more) | Total of both (if at least 5% or more) |
|---|---|---|---|
| Biofrontera Inc. | |||
| Bio-FRI GmbH |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting: N/A
Holding total positions (6.) after general meeting:
| Proportion of voting rights | Proportion of instruments | Total of both |
|---|---|---|
| % | % | % |
10. Other useful information
Date
07.11.2022
(end)
| Emitter: |
Biofrontera AG Hemmelrather Weg 201 51377 Leverkusen Germany |
|
|---|---|---|
| Contact Person: | Investor Relations | |
| Phone: | +49 (0) 214 87 63 20 | |
| E-Mail: | ir@biofrontera.com | |
| Website: | www.biofrontera.com | |
| ISIN(s): | DE0006046113 (Share) | |
| Stock Exchange(s): | Regulated Market in Dusseldorf, Frankfurt; Free Market in Berlin, Munich, Stuttgart, Tradegate | |
| Other Stock Exchanges: | US OTC |