Capital increase following conversion of convertible bond into shares
March 06 2025 - 1:39AM
UK Regulatory
Capital increase following conversion of convertible bond into
shares
As informed in company announcement no. 3/2025
of 13 February 2025, Constantinsborg A/S
(“Lender”) notified FirstFarms A/S
(“FirstFarms”) of the notice of conversion of a
convertible bond with a principal amount of DKK 89,100,000 as well
as accrued interest (excluding interest already due and paid)
entered into between the Lender and FirstFarms on 29 February 2024
into 1,100,000 shares in FirstFarms of nominally DKK 10 each.
As a result, a total of 1,100,000 new shares of
nominally DKK 10 each were issued on 6 March 2025 through a capital
increase of DKK 11,000,000. The shares were issued at DKK 84 per
share.
Following the registration with the Danish
Business Authority, the total share capital in FirstFarms amounts
to nominally DKK 122,463,110, divided into shares of nominally DKK
10 each. The statement below shows the total number of voting
rights and the total share capital in FirstFarms in accordance with
Section 32 of the Danish Capital Markets Act:
Number of shares (of nominally DKK 10 each) |
Share capital (nominal value, DKK) |
Number of voting rights |
12.246.311 |
122.463.110 |
12.246.311 |
The new shares will be admitted trading and
official listing on Nasdaq Copenhagen A/S under FirstFarms’ ISIN
code DK0060056166 as soon as possible.
Best regards,
FirstFarms A/S
For more information:
Please visit our website www.firstfarms.dk or
contact CEO Anders H. Nørgaard on phone +45 75 86 87 87.
About FirstFarms:
FirstFarms is a Danish stock exchange listed company. We
operate FirstFarms with responsibility for the surrounding
communities, and we deliver the highest quality which is primarily
sold locally. We act on new opportunities, that create value for
our investors and for the surroundings. Every day, we work on
creating a more sustainable company.
- (6) Capital increase following conv. of bond into shares
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