Extension of the Term until December 31, 2016 Amendment of the Anti-Dilution Protection
Berlin (Germany) and Germantown, MD (U.S.A.), December 18, 2015 – Epigenomics AG (Frankfurt Prime Standard: ECX, OTCQX: EPGNY), the German-American cancer molecular diagnostics company, publishes the voting results of the taking of votes without a meeting pursuant to Sec. 18 of the German Bond Act of July 31, 2009 held in the period between December 15, 2015, 0:00 hours (CET) and December 17, 2015, 24:00 hours (CET) in order to amend the terms and conditions of the 2013 Convertible Bonds (ISIN: DE000A1YC2W2 / WKN: A1YC2W). The subject matters of the proposed passing of the resolutions were the extension of the term of the Bonds until December 31, 2016 and the amendment of the anti-dilution protection. Details regarding the proposed resolutions may be found in the request to cast the vote in a taking of votes without a meeting, which has been published in the German Federal Gazette (Bundesanzeiger) on November 30, 2015.
Within the voting period, the scrutineer has received the votes of 10 voting Bonds with an overall principal amount of EUR 1,070,000.00 (100 per cent of the total of 10 outstanding Bonds with a principal amount of EUR 107,000.00 each). The quorum of Bondholders participating in the vote representing at least half of the value of the outstanding Bonds has thus been reached.
The counting of the votes for the resolution on the extension of the term of the Bonds until December 31, 2016 resulted in 10 “Yes” votes and 0 “No” votes; there were no abstentions. The scrutineer has not received any invalid votes. The quorum of at least 75 per cent of the voting rights participating in the vote (qualified majority) required for adoption of the resolution has thus been reached.
The counting of the votes for the resolution on the amendment of the anti-dilution protection resulted in 10 “Yes” votes and 0 “No” votes; there were not abstentions. The scrutineer has not received any invalid votes. The quorum of at least 75 per cent of the voting rights participating in the vote (qualified majority) required for adoption of the resolution has thus been reached.
The resolutions will shortly be published on the company’s website on www.epigenomics.com under “News & Investors – Investors Convertible Bonds 2013” and are expected to be published in the German Federal Gazette (Bundesanzeiger) on December 22, 2015.
Epigenomics is a molecular diagnostics company focused on blood-based detection of cancers using its proprietary DNA methylation biomarker technology. The Company develops and commercializes diagnostic products across multiple cancer indications with high medical need. Epigenomics’ lead product, Epi proColon®, is a blood-based screening test for the detection of colorectal cancer. Epi proColon® is currently marketed in Europe and China. For more information, visit www.epigenomics.com.
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