EVANGroup plc issues up to EUR 125 million Senior Unsecured Bonds 2017-2022

Valletta, 3rd August 2017

Euro denominated, senior unsecured bonds, which are bought by Swiss Merchant Group AG
Bond proceeds are being used to refinance and expand the Evan Group’s real estate portfolio of approx. EUR 369 million assets with an actual prospected annual rent of EUR 23.5 million
EVANGroup plc’s equity is in excess of EUR 100 million

EVANGroup plc („EVAN“) (ISIN DE000A19L426 / WKN A19L42), announces that following an investor review, the Board of Directors has decided to introduce further Financial Covenants to its 2017/22 EUR 125 Mio. Bond-Issue (“Bond”). These covenants include amongst other maximum LTV- and ICR-levels, the introduction of a Change of Control clause and further notice obligations.

“Following intensive discussions with our principal investor, we conducted a review of the Bond conditions in order to assure the attractiveness of our Bond also in case the economic environment changes.” says Dr. Michael Nave, CEO of EVAN. “The introduction of further financial and corporate governance covenants position our Bond apart from the group of covenant-light financings that currently prevail in the market.”

The amendments of the Terms and Conditions (including editorial changes) can be downloaded on the company’s homepage under www.evan-group.com.

About EVANGroupplc:

EVANGroup plc is an institutional owner operator of commercial properties in the top 10 German cities, using their longstanding experience to create value in underserved niche markets, such as micro living for students and professionals, worker’s accommodation and specialty commercial properties. With the same ownership structure and now on an institutional basis, EVAN continues the success story of UNIMO Real Estate Holding AG which already lasted more than two decades.

Important Information / Disclaimer: This publication shall not constitute an offer to sell or a solicitation of an offer to buy or subscribe of any securities of EVANGroup Plc in any jurisdiction. Potential users of this information are requested to inform themselves about and to observe any such restrictions. This publication and the information contained therein are not directed at or to be accessed by persons who are residents of the United States, who are physically present in the United States, who are otherwise „U.S. persons“ as defined in Section 902 of Regulation S under the United States Securities Act of 1933, as amended (the „Securities Act“) or who are located in Canada, Australia or Japan or any jurisdictions in which the distribution of this publication or release of such information would be unlawful. Securities of EVANGroup plc cannot be offered or sold in the United States without registration under the Securities Act or pursuant to an exemption from such registration. EVANGroup plc has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States. This publication shall not be regarded as an investment advice or recommendation within the meaning of German Securities Prospectus Act or Directive 2003/71 /EC of the European Parliament and may not be used for an offering requiring such prospectus. EVAN Group Plc will not be responsible for the content of this document in relation to any offering which requires such a prospectus. This publication contains „forward-looking statements“. Forward -looking statements are all statements, which do not describe facts of the past, but containing the words „believe“, „estimate“, „expect“, „anticipate“, „assume“, „plan“, „intend“, „could“, and words of similar meaning. These forward-looking statements are subject to inherent risks and uncertainties since they relate to future events and are based on current assumptions and estimates of EVANGroup plc, which might not occur at all or occur not as assumed. They therefore do not constitute a guarantee for the occurrence of future results or performances of EVANGroup plc The actual financial position and the actual results of EVANGroup plc, as well as the overall economic development and the regulatory environment may differ materially from the expectations, which are assumed explicitly or implicitly in the forward-looking statements and do not comply to them. Therefore, investors are warned to base their investment decisions with respect to EVANGroup plc on the forward-looking statements mentioned in this publication.

Euro denominated, senior unsecured bonds, which are bought by Swiss Merchant Group AG
Bond proceeds are being used to refinance and expand the Evan Group’s real estate portfolio of approx. EUR 369 million assets with an actual prospected annual rent of EUR 23.5 million
EVANGroup plc’s equity is in excess of EUR 100 million

Valetta, 3rd August 2017: EVANGroup plc(“EVAN”) has issued Senior Unsecured Bonds in the principal amount of up to EUR 125 million (ISIN DE000A19L426 / WKN A19L42),with a five-year maturity and a 6 % interest coupon, paid annually. The bonds are issued as a private placement to qualified institutional investors only, in a denomination of EUR 1’000 and a minimum initial investment of EUR 100’000. EVAN will apply for listing of this bond on the Frankfurt Stock Exchange (Open Market).

The bond proceeds are being used to refinance existing loans, to modernize the company’s real estate portfolio, to finance future real estate acquisitions and for general corporate purposes. Evan Group’s real estate rights portfolio covered, as of 30 June 2017, a total of six properties with a leasable area of approximately 140’000 sqm. The total property value (Gross Capital Value) amounts to approximately EUR 369 million and the estimated total projected annual net rental income amounts to approximately EUR 23.5 million as of 30 June 2017.

EVANGroup plcis an institutional owner operator of commercial properties in Germany.EVAN’s current and future portfolio follows its three pillar group strategy. The three business units are:

livinit: Development and management of commercially used residential properties,offering novel ways of living; such as Micro-Apartments, small-houses and combined urban work-live-spaces;
shopinit: Development and management of niche retail products, such as B2Bcenters, direct-sale B2C warehouses, outlet and fulfillment centers;
sleepinit: Development and specialized operator of budget workers accommodationfor short- and mid-term stays (in a joint-venture).

EVAN’s management has an over 30 year’s successful track record in acquisition, development, management and sales of real estate properties in Germany.

“We follow with EVAN in the footsteps of our former private company UNIMO Real Estate, in which we have completed many transactions over the past three decades”, says Dr. Michael Nave, Director and CEO of EVAN.“EVAN is now focusing on owning and operating institutional properties in the top 10 German locations, using our experience to create value in underserved niche markets. Paired with a modern Corporate Structure and Governance we are developing and operating real estate products that fit into any institutional portfolio.”

Swiss Merchant Group, Zug/Switzerland, (ISIN CH323874260 / WKN A1817G / VALOR 32387426), a specialized bond investment firm, has committed to purchase all bonds issued and has been granted a certain option on EVAN’s nominal share capital (which is EUR 100.5 million as of 31st July 2017).