HOCHDORF Holding AG: Early repayment of 3.0% convertible bond 2011 - 2016 Donnerstag, 26. November 2015 - 07:01

HOCHDORF Holding AG / Key word(s): Bond
HOCHDORF Holding AG: Early repayment of 3.0% convertible bond 2011 -
2016

26.11.2015 / 07:00
Release of an ad hoc announcement pursuant to Art. 53 KR.
The issuer is solely responsible for the content of this announcement.

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NOT FOR DISTRIBUTION IN THE UNITED STATES, THE EUROPEAN ECONOMIC AREA AND
THE UNITED KINGDOM

HOCHDORF Group press release on early repayment of convertible bond

Early repayment of 3.0% convertible bond 2011 - 2016

Hochdorf, 26 November 2015 - HOCHDORF Holding Ltd announces the early
repayment of the outstanding amount of its 3.0% convertible bond 2011 -
2016.

HOCHDORF Holding Ltd is to repay 100% of the outstanding amount, including
accrued interest, of the 3.0% convertible bond agreed in May 2011. The
conditions for an early repayment of the convertible bond by the company
have been met in accordance with point 4.7.2.1 of the terms and conditions
of the bond since the price of the HOCHDORF Holding Ltd named shares at
close of trading was listed at over CHF 160.03 (130% of the current
conversion price of CHF 123.10) within a period of 30 consecutive trading
days, beginning on 28 October 2015.

The last day on which conversion privileges may be exercised is 18 December
2015.

Insofar as bondholders do not exercise their conversion privileges, the
nominal amount of the convertible bond shall be repaid plus the additional
accrued interest of CHF 86.25 per nominal CHF 5,000.00 on 28 December 2015
in accordance with the provisions stipulated by the bond's terms and
conditions.

Planned timeline

<pre>

18/12/2015      Last day to exercise conversion privileges

23/12/2015      Last trading day of the 3.0% convertible bond 2011 - 2016

28/12/2015      Repayment of the 3.0% convertible bond 2011 - 2016

</pre>

Further enquiries and additional information:
Contact: Dr. Christoph Hug, Head of Corporate Communications HOCHDORF
Group, Tel: +41 (0)41 914 65 62 / +41 (0)79 859 19 23,
christoph.hug@hochdorf.com

Legal note
This press release and the information included in it may not be released
or made public in the United States of America or to citizens of the USA
(including legal representatives) or distributed or disseminated in media
with widespread coverage in the USA. Any infringement of these restrictions
may result in a violation of US securities regulations. This bond shall not
be offered for sale beyond the Swiss national borders. This press release
does not constitute an offer of sale or an underwriting of securities; it
shall be deemed neither to be an issuing prospectus in line with Art.
652a/1156 of the Swiss Code of Obligations [OR] nor to be a listing
prospectus in the sense of the SIX Swiss Exchange's listing regulations.


Information and Explaination of the Issuer to this News:

The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales
revenue of CHF 428.7 million in 2014. It is one of the leading foodstuff
companies in Switzerland, employing 573 staff as of 31/12/2014. Made from
natural ingredients such as milk, wheat germ and oil seeds, HOCHDORF
products have been contributing to our health and wellbeing since 1895 -
from babies to senior citizens. Its customers include the food industry and
the wholesale and retail sectors. Its products are sold in around 80
countries. The shares are traded on the SIX Swiss Exchange in Zurich (ISIN
CH0024666528).


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