Adjustment of Conversion Price for LEG Properties' Convertible Bond

On June 16, 2025, LEG Properties B.V. announced an adjustment to the conversion price of its EUR 700 million convertible bond, which is due on September 4, 2030. This modification follows dividend payments for the 2024 fiscal year in line with paragraph 10 of the bond's terms and conditions. The new conversion price is set at EUR 113.0871, down from the previous EUR 117.4748.

This adjustment reflects LEG's compliance with contractual obligations related to dividend impacts on convertible securities. The bond, identified by ISIN DE000A3L21D1, provides investors the right to convert bonds into shares at the adjusted rate until the maturity date.

LEG Immobilien SE, the parent company, is listed on several German stock exchanges, including the regulated market in Frankfurt. The adjustment highlights the company's transparency in its financial communications and investor relations approach.