Ekosem-Agrar GmbH: Change to the general open market (Allgemeiner Freiverkehr) of the Stuttgart Stock Exchange

Walldorf, 15 May 2018 – The management of Ekosem-Agrar GmbH, the German holding company of Russian milk producer Ekoniva Group, today terminated the listing of its 2012/21 corporate bond (DE000A1MLSJ1) and 2012/22 corporate bond (DE000A1R0RZ5) in the Bondm segment of the Regulated Unofficial Market of the Stuttgart Stock Exchange. After the six-week cancellation period the bonds will be listed in the General Regulated Unofficial Market (Allgemeiner Freiverkehr) of the Stuttgart Stock Exchange.

This decision was taken in view of the fact that Ekosem-Agrar is the last remaining issuer in this segment and the management of the Stuttgart Stock Exchange already indicated that the Bondm mid-cap segment is no longer of strategic importance and that no new issuers would be admitted.

Although less strict obligations apply in the general open market, the management of Ekosem-Agrar will stick to its current publication and transparency practice, which is in line with the current trend of bond issuers making voluntary commitments regardless of the stock market segment. The strict MAR provisions, which include the publication of ad-hoc announcements of directors’ dealings also apply in the general open market. The annual follow-up rating will not be continued as investors have indicated in numerous talks that it is of little relevance to them.

The preliminary consolidated figures for 2017 and information on the performance in the current financial year will probably be published in early June.