DGAP-News: One Square Advisory Services GmbH: publity AG - Vote without meeting of the bondholders of the convertible bond 2015/2020

Munich, 19. February 2019 - publity AG published the following ad hoc announcement on 18. February 2019 (English convenience translation only):

"publity AG calls for a vote of the bondholders of the convertible bond 2015/2020

Frankfurt, 18. February 2019 - In its Corporate News, dated 28. January 2019, publity AG announced that it is considering options to raise debt capital for the possible issuance of a new bond. These reviews are still ongoing.

However, the prerequisite for raising new financing is in any case dependent on a negative pledge defined in the terms and conditions of the publity AG convertible bond 2015/2020, according to which publity AG may not enter such financial indebtedness in an amount of more than EUR 5,000,000.00, being amended.

publity AG therefore today called for a bondholder vote of the convertible bond 2015/2020 to amend the bond terms accordingly. In return, the bondholders are to be granted the right to demand an early repayment from the issuer of either individual or all their bonds plus accrued interest if the issuer enters into a new financial liability of more than EUR 5 million.

The invitation to vote has been published today in the electronic federal gazette (Bundesanzeiger)."

One Square Advisory Services GmbH ("One Square"), in its capacity as joint representative of the EUR 50 million, 2015/2020, 3.500% convertible bonds issued by publity AG (the "Convertible Bond", ISIN: DE000A169GM5/ WKN: A169GM), has negotiated the proposed resolutions with the Company, reviewed these and identified significant advantages for the bondholders and advocates this procedure.

In order to ensure that the holders of the convertible bond can potentially participate in an early repayment at par and accrued interest, the joint representative calls upon the bondholders to agree to the agenda items. For this purpose, a presence of at least 50% of the outstanding convertible bond and a majority of at least 75% of the voting rights participating in the vote are required in the voting without a meeting, beginning on Tuesday, 12. March 2019, at 0:00h (CET) and ending on Thursday, 14. March 2019, at 24:00h (CET).

The necessary documents to participate in the voting without a meeting can be downloaded from the issuer's website (http://www.publity.de) under the heading "Investor Relations" under the section "Convertible Bonds".

One Square will inform the bondholders about further developments and is available for queries, at [email protected]. Bondholders of the Convertible Bond who are not yet registered are invited to register on One Square's homepage at www.onesquareadvisors.com.

Contact:
One Square Advisory Services GmbH
Theatinerstr. 36
80333 Munich
fax          +49 89 15 989822
email     [email protected]
web       www.onesquareadvisors.com