THIS NOTICE IS NOT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE PROHIBITED BY APPLICABLE LAW
Notice
9 June 2016
The present notice is given in relation to the 4.25% Convertible Bonds due 2018 (ISIN Code: BE6258011566) (the "2018 Convertible Bonds") that have been issued by Nyrstar NV (a limited liability company organised and existing under the laws of Belgium, with registered office at Zinkstraat 1, 2490 Balen, Belgium, and registered with the register of legal persons of Turnhout under number BE 0888.728.945) (the "Company"). The Company announces that, in accordance with Condition 5(b) of the terms and conditions of the 2018 Convertible Bonds, the Conversion Price of the 2018 Convertible Bonds has been adjusted following the 1-for-10 reverse stock split that was approved by the Company's extraordinary general shareholders' meeting on 19 May 2016 and which became effective on 9 June 2016. Pursuant to the reverse stock split, all outstanding shares of the Company were consolidated into a new and reduced number of shares at the ratio of one (1) new share for ten (10) existing shares. As a result, the new Conversion Price is, after rounding in accordance with Condition 5(f) of the Terms and Conditions of the 2018 Convertible Bonds, € 21.63 per Nyrstar share. The Conversion Price adjustment became effective on 9 June 2016.
Interpretation
All terms not defined in this notice shall have the meaning given to them in the terms and conditions of the 2018 Convertible Bonds as set out in schedule 3 of the trust deed dated September 25, 2013, between Nyrstar NV and The Law Debenture Trust Corporation p.l.c. constituting the 2018 Convertible Bonds.
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About Nyrstar
Nyrstar is a global multi-metals business, with a market leading position in zinc and lead, and growing positions in other base and precious metals, which are essential resources that are fuelling the rapid urbanisation and industrialisation of our changing world. Nyrstar has mining, smelting, and other operations located in Europe, the Americas, and Australia and employs approximately 5,000 people. Nyrstar is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels under the symbol NYR. For further information please visit the Nyrstar website: www.nyrstar.com
THIS DOCUMENT IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY BONDS, SHARES OR OTHER SECURITIES OF NYRSTAR NV. THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.
For further information contact:
Anthony Simms Group Manager Investor Relations T: +41 44 745 8157 M: +41 79 722 2152
anthony.simms@nyrstar.com
Greg Morsbach Group Manager Corporate Communications T: +41 44 745 8295 M: +41 79 719 2342
gregory.morsbach@nyrstar.com
The full press release can be downloaded from the following link:
