Berlin, Germany – Epigenomics AG (ISIN: DE000A1K0516, OTC: EPGNY) announces today that the Company successfully issued convertible bonds with a nominal amount of EUR 500,000 to YA Global Master SVP Ltd. (“Yorkville”) excluding pre-emptive rights to existing shareholders. The bonds were issued at 95% of their nominal amount, carry no interest, have a term until August 5, 2014 and are convertible into up to 112,678 shares of Epigenomics. The conversion price equals the volume weighted average share price during a five day period prior to the time of conversion less a 5% discount.
Further details regarding terms and conditions in connection with the issuance of convertible bonds according to the agreement with Yorkville were announced by the ad hoc notification dated August 18, 2013.
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