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DGAP-News: ORCO Germany S.A.: NOTICE OF THE BONDHOLDERS MEETING TO BE HELD ON MAY 29, 2012 (deutsch)

Veröffentlicht am 11.05.2012, 17:49
Aktualisiert 11.05.2012, 17:52
ORCO Germany S.A.: NOTICE OF THE BONDHOLDERS MEETING TO BE HELD ON MAY 29, 2012

DGAP-News: ORCO Germany S.A. / Key word(s): Bond

ORCO Germany S.A.: NOTICE OF THE BONDHOLDERS MEETING TO BE HELD ON MAY

29, 2012

11.05.2012 / 17:49

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NOTICE OF THE BONDHOLDERS MEETING TO BE HELD ON MAY 29, 2012 AT 42, RUE DE

LA VALLEE L-2661 LUXEMBOURG AT 9:30 AM CET

_____________________________________________________________________

A general meeting of the holders of the EUR 100.100.052,00 bonds (the

'Bondholders'), registered under ISIN code: XS0302623953 (the 'OG Bonds')

as described under the Prospectus (as defined below) issued by the Company

with redeemable warrants attached under ISIN code: XS0302626899 on May 24,

2007 pursuant to a prospectus approved by the Commission de Surveillance du

Secteur Financier (the 'CSSF') on May 24, 2007 (the 'Prospectus'), will be

held at 42, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg,

on May 29, 2012 at 9:30 AM Central European time ('CET') (the 'Bondholders

Meeting'), in order to consider and resolve on the following agenda:

AGENDA

1. Decision to clarify the decision taken by the general meeting of the

Bondholders on 7 May 2012 related to the amendments to the terms and

conditions of the OG Bonds, and in particular to clarify that the

payment date of the interest on the OG Bonds that is due on 30 May

2012, shall be aligned to the new maturity of the OG Bonds, as follows:

A. to 31 December 2012, with immediate effect;

B. by exception to paragraph A above and provided that Orco Property Group

S.A., a Luxembourg société anonyme, having its registered office at 42,

rue de la Vallée, L-2661 Luxembourg and registered with the Luxembourg

Register of Commerce and Companies under number B 44.996 ('OPG')

decides to repay the Second Payment Amount under the OCA in cash in

immediately available funds, in such case the outstanding OG Bonds

shall immediately mature at the date of such repayment and be repayable

by OPG at a price of EUR 872.04 per one OG Bond, which sum shall be

deemed to include this amended interest payment;

C. to 30 May 2050 with effect as of the date of the issuance of the OG New

Notes Consideration.

2. Miscellaneous.

The terms 'OG New Notes Consideration', the 'Second Payment Amount' and the

'OCA' contained in the agenda are as such terms are defined in Annex A to

the minutes of the meeting of the Bondholders held on 7 May 2012 at 9:30 AM

CET.

* * * *

The Bondholders Meeting shall not validly deliberate on the agenda

mentioned above, unless at least one half of the total number of the OG

Bonds outstanding at the time of the Bondholders Meeting is represented.

If such proportion of the total number of the OG Bonds is not met, a second

meeting may be convened, by means of notices published twice at eight days

interval at least and eight days before the meeting in the Mémorial C,

Recueil des Sociétés et Associations and in a Luxembourg newspaper. The

second meeting shall validly deliberate regardless of the proportion of the

OG Bonds represented.

At both meetings, resolutions, in order to be adopted, must be carried by

at least two thirds (2/3) of the votes cast by the Bondholders present or

represented.

The Bondholders participation form which is necessary to participate to the

Bondholders Meeting is at the disposal of the Bondholders as from the date

of publication of the present notice, at the registered office of the

Company upon request or downloaded from the Company's website at

www.orcogermany.de or ultimately upon request to the financial

intermediaries or to the relevant central registration bank.

The auditor's report on review of interim financial information of the

Company, to be presented to the Bondholders Meeting is at the disposal of

the Bondholders as from the date of publication of the present notice, at

the registered office of the Company upon request or downloaded from the

Company's website at www.orcogermany.de or upon request to the financial

intermediaries or to the relevant central registration bank.

The report of the Company's board of directors, explaining the reasons for

the clarification on the payment date of the interest on the OG Bonds that

is due on 30 May 2012, to be presented to the Bondholders Meeting is at the

disposal of the Bondholders as from the date of publication of the present

notice, at the registered office of the Company upon request or downloaded

from the Company's website at www.orcogermany.de or ultimately upon request

to the financial intermediaries or to the relevant central registration

bank.

Copies of the Prospectus and of the articles of association of the Company

are available on the Company's website at www.orcogermany.de and at the

registered office of the Company upon request.

The board of directors of the Company would like to point out that for

Bondholders whose ownership is directly or indirectly recorded in the Bond

registry of the Company, the conditions for attendance or representation at

the Bondholders Meeting are as follows:

1. Conditions for personal attendance

-i- Bondholders whose ownership is indirectly recorded in the bond registry

of the Company

Bondholders whose ownership is indirectly recorded in the bond registry of

the Company and who elect to attend the Bondholders Meeting in person must

use their usual applicable contacting method for informing their financial

intermediary, with whom their OG Bonds are on deposit, accordingly. They

must further request their financial intermediary, with whom their OG Bonds

are on deposit, to send a Bondholders blocking certificate (the

'Bondholders blocking certificate') for their OG Bonds to the relevant

central registration bank no later than 5 business days prior to the

Bondholders Meeting.

Such blocking certificate must indicate clearly the precise identity of the

Bondholder, the number of OG Bonds being blocked, the date such OG Bonds

are being blocked, which must be no later than May 24, 2012 and a statement

that the relevant OG Bonds are registered in the local bank or brokers

records in the holder's name and shall be blocked until the close of the

Bondholders Meeting.

The Bondholders must bring a copy of the Bondholders blocking certificate

to the Bondholders Meeting.

The Bondholders shall also announce their intention to participate at the

Bondholders Meeting by completing, signing, dating and returning on May 24,

2012 at the latest to the relevant central registration bank or to the

Company (C/O 'Orco Germany S.A., 42, rue de la Vallée, L-2661 Luxembourg,

to Mr. Christophe Le Priol or Mrs. Françoise de Jongh, département

juridique'), the Bondholders participation form that can be obtained at the

registered office of the Company upon request or downloaded from the

Company's website at www.orcogermany.de or ultimately upon request to the

financial intermediaries or the relevant central registration bank.

-ii- Bondholders whose ownership is directly recorded in the bond registry

of the Company

Bondholders whose ownership is directly recorded in the bond registry of

the Company, shall announce their intention to participate to the

Bondholders Meeting by completing, signing, dating and returning on May 24,

2012, at the latest to the relevant central registration bank or to the

Company (C/O 'Orco Germany S.A., 42, rue de la Vallée, L-2661 Luxembourg,

to Mr. Christophe Le Priol or Mrs. Françoise de Jongh, département

juridique') the Bondholders participation form that can be obtained at the

registered office of the Company upon request or downloaded from the

Company's website at www.orcogermany.de or ultimately upon request to the

financial intermediaries or the relevant central registration bank.

2. Conditions for proxy voting or granting a mandate

-i- Bondholders whose ownership is indirectly recorded in the bond

registry of the Company

Bondholders whose ownership is indirectly recorded in the bond registry of

the Company and who are unable to attend the Bondholders Meeting in person,

may give a voting instruction to a third party that the Bondholder

designates.

Prior to giving voting instructions to a proxy, this Bondholder must a)

have obtained and delivered to the relevant central registration bank the

Bondholders blocking certificate described above (see 'Conditions for

personal attendance'), and b) complete, sign and date the Bondholders

participation form that can be obtained at the registered office of the

Company upon request or downloaded from the Company's website at

www.orcogermany.de or ultimately upon request to the financial

intermediaries or the relevant central registration bank, indicating the

name of the proxy.

The completed, signed and dated Bondholders participation form must be

returned to the relevant central registration bank or to the Company (C/O

'Orco Germany S.A., 42, rue de la Vallée, L-2661 Luxembourg, to Mr.

Christophe Le Priol or Mrs. Françoise de Jongh, département juridique') on

May 24, 2012, at the latest, in order to have that name recorded on the

registration list of the Bondholders Meeting.

If a Bondholder wishes to be represented by a proxy other than the Chairman

of the Bondholders Meeting, then this holder must (a) have obtained and

delivered to the relevant central registration bank the Bondholders

blocking certificate described above (see 'Conditions for personal

attendance'), and (b) complete, sign and date the Bondholders participation

form that can be obtained at the registered office of the Company upon

request or downloaded from the Company's website at www.orcogermany.de or

ultimately upon request to the financial intermediaries or the relevant

central registration bank, indicating the name of the proxy. The completed,

signed and dated Bondholders participation form must be returned to the

relevant central registration bank or to the Company (C/O 'Orco Germany

S.A., 42, rue de la Vallée, L-2661 Luxembourg, to Mr. Christophe Le Priol

or Mrs. Françoise de Jongh, département juridique') on May 24, 2012, at the

latest, in order to have that name recorded on the registration list of the

2012 Bondholders Meeting.

Bondholders who have obtained the Bondholders blocking certificate and have

executed a Bondholders participation form but who wish to revoke such proxy

may do so at any time by timely delivering a properly executed, later dated

participation form no later than May 24, 2012, at the latest, or by

properly attending and voting in person at the Bondholders Meeting.

Simply attending the Bondholders Meeting without voting will not revoke the

proxy.

-ii- Bondholders whose ownership is directly recorded in the bond

registry of the Company.

Bondholders whose ownership is directly recorded in the bond registry of

the Company must complete, sign and date the Bondholders participation form

that can be obtained at the registered office of the Company upon request

or downloaded from the Company's website at www.orcogermany.de or

ultimately upon request to the financial intermediaries or the relevant

central registration bank.

The completed, signed and dated Bondholders participation form must be

returned to the relevant central registration bank or to the Company (C/O

'Orco Germany S.A., 42, rue de la Vallée, L-2661 Luxembourg, to Mr.

Christophe Le Priol or Mrs. Françoise de Jongh, département juridique') on

May 24, 2012, at the latest.

3. Request for information and central registration banks

Bondholders looking for more information can do so by:

(i) contacting the Company's services directly:

- At the registered office of the Company- Legal Department

Tel.: +352 26 47 67 1

Fax.: +352 26 47 67 67

(ii) contacting one of the central registration banks :

- For OG Bonds that are included in the Clearstream Banking or Euroclear

Bank system and that are admitted to trading on the Euro MTF:

BNP Paribas Security Services - Lucie Maiore, Rudolf Voigtlander

33 rue Gasperich Howald,

Hesperange L-2085, Luxembourg

Tel: +352 26 96 23 89, +352 26 96 62 445

lux.ostdomiciliees@bnpparibas.com

Luxembourg, May 11, 2012

The Board of directors of the Company.

End of Corporate News

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11.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a

company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English

Company: ORCO Germany S.A.

42, rue de la Vallée

L-2661 Luxembourg

Grand Duchy of Luxembourg

Phone: +49 (0)30 390 93 116

Fax: +49 (0)30 390 93 199

E-mail: patricia.jaenisch@orco-gsg.de

Internet: www.orcogermany.de

ISIN: LU0251710041

WKN: A0JL4D

Listed: Regulierter Markt in Frankfurt (Prime Standard);

Freiverkehr in Düsseldorf, Stuttgart





End of News DGAP News-Service

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169559 11.05.2012

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