DocMorris completes private placement of convertible bonds due 2031

DocMorris AG (DOCM) says its wholly owned subsidiary, DocMorris Finance B.V., completed the private placement of convertible bonds due 2031.

• DocMorris Finance B.V. placed approximately CHF 100 million of New Bonds, guaranteed by DocMorris AG and convertible into newly issued and/or existing registered Shares.
• The final aggregate principal amount depends on 7.0 million Shares and the final conversion price; each bond has a CHF 200,000 denomination and is issued at par.
• The company says Shares underlying outstanding Convertible Bonds 2028 will reduce from 7.6 million to 7.0 million.
• The conversion premium is 32.5% over the reference share price, based on VWAP across September 9, 2026, through September 11, 2026.
• The New Bonds carry a 1.5% annual coupon, paid semi-annually in arrears; maturity is expected on March 16, 2031.
• From October 7, 2029, the Issuer may redeem if parity is CHF 260,000 per Bond on 20 of 30 trading days or holdings are 15% or less.

Proceeds fund the Concurrent Repurchase and general corporate purposes. Lock-up runs from pricing to 90 days following settlement, subject to customary exceptions. Offering is private to professional clients in Switzerland and outside Switzerland under RegS Category 1, with no Rule 144A.