Exhibit 99.1
Biofrontera AG: Managers’ transactions announcement according to article 19 MAR
Managers’ transactions announcement according to article 19 MAR
Leverkusen, Germany (pta/12.08.2020/18:00) – Announcement
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mr Prof. Dr. Hermann Lübbert | |
2 | Reason for the notification | ||
a) | Position/status | Executive | |
b) | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Biofrontera AG | |
b) | LEI | 391200D6GFSVFGFQTL13 | |
4 | Details of the transaction(s) | ||
a) | Description of the financial instrument, type of instrument | Financial instrument linked to a share or a debt instrument | |
Identification code | DE0006046113 | ||
b) | Nature of the transaction | Another | |
Subscription of 5848 mandatory convertible bonds as part of the exercise of subscription rights in the issue of a subordinated mandatory convertible bond 2020/2021 by Biofrontera AG. The subscription price for each of the subordinated convertible bond was set at 100% of their nominal value of EUR 3.00 each. | |||
c) | Price(s) | Volume(s) | |
3.00 EUR | 17,544.00 EUR | ||
d) | Aggregated price | Aggregated volume | |
3.00 EUR | 17,544.00 EUR | ||
e) | Date of the transaction | 10.08.2020 UTC+2 | |
f) | Place of the transaction | Outside a trading venue |
(end)
emitter: Biofrontera AG
address: Hemmelrather Weg 201, 51377 Leverkusen
country: Germany
contact person: Investor Relations
phone: +49 (0) 214 87 63 20
e-mail: ir@biofrontera.com
website: www.biofrontera.com
ISIN(s): DE0006046113 (share)
stock exchanges: regulated market in Dusseldorf, Frankfurt; free market in Munich, free market in Stuttgart; open market in Berlin, Tradegate
other stock exchanges: Nasdaq
----------------------------------------------------------------------
(c) pressetext.com