Trigon Agri A/S: Information on exercise of warrants

With reference to the press release published on 27th January 2017 Trigon Agri A/S (also the “Company”) hereby confirms that 196,920,297 warrants, constituting 94.04% of the maximum amount of warrants authorised for issue, have been subscribed for, issued and delivered to the securities’ accounts of shareholders.

Admission of warrants to trading

The warrants have been admitted to trading on NASDAQ FIRST NORTH (http://www.nasdaqomxnordic.com/about_us/firstnorth) under ISIN DK0060779510 with effect from 31st January 2017.

Warrants Exercise Period and the Exercise Price

The warrant holders are advised that:

The first period for the exercise of warrants commences on 1st February 2017 and ends on 28th February 2017. During this period 1 warrant entitles the holder to subscribe for one (1) new share at a price of EUR 0.02 per share.

Notifications on exercise of warrants and respective payments must be received by 28th February 2017. 

The second period for the exercise of warrants commences on 1st January 2020 and ends on 31st January 2020. During this period 1 warrant entitles the holder to subscribe for one (1) new share at a price of EUR 0.03 per share.

In addition, warrants can also be exercised in connection with a merger, a tender offer, a nationalization, issuance of a bankruptcy order or opening of restructuring procedure, a delisting of the Company’s shares, a spin-off, a transfer of more than 50 % of the Company’s assets to a third party (or any other transactions with similar effect). In connection with such extraordinary exercise, the exercise price shall be EUR 0.02 plus 11 per cent annual compounded interest calculated from 27th January 2017.

Instructions on exercise of warrants

IMPORTANT NOTICE TO ALL WARRANTHOLDERS:

In order to exercise warrants during the 1st and/or 2nd exercise periods a warrant holder, depending on whether he has account in his name directly with EUROCLEAR SWEDEN or DANISH VP SECURITIES A/S systems or holds his securities via a nominee, must either:

(i)            submit the exercise form and make a payment in accordance with the instructions for the directly registered holders below or

(ii)           instruct his nominee bank/custodian/broker to submit the exercise form and make a payment on his behalf.

If a warrant holder fails to complete or sign the exercise form, or if payment is not received in full, the exercise form will be disregarded and the warrant holder will not receive any shares.

Kindly note that only warrant holders whose warrants are directly registered in the Swedish Euroclear system will receive the forms by post. Warrant holders in the Danish VP Securities A/S system will need to obtain the exercise forms from SEB Denmark (contact details below). Other warrant holders are advised to contact their nominee bank/custodian/broker to exercise the warrants and to effect the payment on their behalf.

INFORMATION TO WARRANTHOLDERS IN THE SWEDISH EUROCLEAR SYSTEM:

Nominee account holders (depot)

If you have a custody account (nominee registered ownership), the exercise/payment shall be made to the respective nominee bank/custodian/broker according to your nominee bank’s/custodian’s/broker’s instructions. Holders of warrants should contact their respective bank/custodian/broker for more information.

Directly registered warrants (VP – account)

Details and payment instructions will be sent out in the form of pre-filled exercise forms. To exercise warrants, sign the form and send it by mail or e-mail to Eminova Fondkommission AB (website: www.eminova.se; e-mail: info@eminova.se). Payment shall be made according to the payment instructions on the form.

If you have not received your form – please contact Eminova Fondkommission AB at info@eminova.se.

IMPORTANT NOTICE AND INSTRUCTIONS TO WARRANT HOLDERS IN THE DANISH VP SECURITIES A/S SYSTEM:

As a condition for exercising your warrants, you must transfer the warrants you wish to exercise to VP account 06100053548 (please contact your bank to effect the transfer) with SEB Denmark. The warrants will be held in escrow by the Company and SEB Denmark until the exercise of warrants have been completed and the new shares issued, at which point in time, the warrants will be cancelled and replaced with the new shares. Is it is important that the warrants are delivered on the account by the expiry of the warrant exercise period; you are requested to contact your bank immediately to effect the transfer as soon as possible.

Payment for warrants

(ONLY FOR WARRANT HOLDERS IN THE DANISH VP SECURITIES A/S SYSTEM)

Account number: 61000841721

Bank: SKANDINAVISKA ENSKILDA BANKEN, DANMARK, FILIAL AF SKANDINAVISKA ENSKILDA BANKEN AB(PUBL.), SVERIGE

BIC: ESSEDK22

Payment reference: [Your VP account number]

Please contact SEB Denmark to obtain exercise forms and for any further assistance: 

Ms. Merete Grimstrup 

+45 33 28 10 51 

e-mail: globalcustody.dk@seb.dk 

Information published in this press release is a summary of key details related to exercise of warrants. You can also obtain information and seek assistance from Eminova Fondkommission AB (website: www.eminova.se; e-mail: info@eminova.se). 

Full terms and conditions of the warrants constitute an Appendix 1 to the Articles of Association of Trigon Agri A/S as amended on 30th November 2016 which are available at: http://www.trigonagri.com/corporate-governance/articles-of-association/. 

Investor enquiries

Mr. Simon Boughton, CEO of Trigon Agri A/S

Tel: +372 6191 500, E-mail:  mail@trigonagri.com

About Trigon Agri A/S

Trigon Agri A/S is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Trigon Agri A/S shares are traded on the main market of Nasdaq Stockholm.

For subscription to Company announcements please contact us:mail@trigonagri.com

If you do not want to receive Trigon Agri A/S press releases automatically in the future please send an e-mail to the following address: unsubscribe@trigonagri.com.

This information is information that Trigon Agri A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:30 CET on 30th January 2017.

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