Release according to article 40 para. 1 WpHG
Leverkusen, Germany (pta039/15.11.2022/16:35) - Release of Voting Rights Announcement
Voting Rights Announcement
1. Details of issuer:
| Name: | Biofrontera AG |
| Legal Entity Identifier (LEI): | 391200D6GFSVFGFQTL13 |
| Street: | Hemmelrather Weg 201 |
| Postal code: | 51377 |
| City: | Leverkusen, Germany |
2. Reason for notification:
Acquisition / disposal of instruments
3. Details of person subject to the notification obligation
Legal entity: Biofrontera Inc.
City of registered office, country: Woburn, Massachusetts, United States of America (USA)
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3
5. Date on which threshold was crossed or reached
02.11.2022
6. Total positions
| % of voting rights attached to shares (total of 7.a.) | % of voting rights through instruments (total of 7.b.1 + 7.b.2) | Total of both in % (7.a. + 7.b.) | Total number of voting rights pursuant to Sec. 41 WpHG | |
| New | 2.40 | 5.03 | 7.43 | 56,717,385 |
| Previous notification (if applicable) | 2.40 | 4.95 | 7.35 |
7. Details on total positions
a. Voting rights attached to shares (Sec.s 33, 34 WpHG)
| ISIN | Absolute direct (Sec. 33 WpHG) | Absolute indirect (Sec. 34 WpHG) | In % direct (Sec. 33 WpHG) | In % indirect (Sec. 34 WpHG) |
| DE0006046113 | 1,361,273 | 0 | 2.40 | 0.00 |
| Total: | 1,361,273 | 2.40 |
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
| Type of instrument | Maturity / Expiration | Exercise or conversion period | Voting Rights Absolute | Voting Rights in % |
| purchase option | 30.11.2022 | 30.11.2022 | 1,262,092 | 2.23 |
| Total: | 1,262,092 | 2.23 |
b.2 Instruments according to Sec. 38 (1) no. 2 WpHG
| Type of instrument | Maturity / Expiration | Exercise or conversion period | Cash or physical transaction | Voting Rights Absolute | Voting Rights in % | |
| convertible payment obligation | 6.12.2022 | 5.12.2022 | n/a | 1,592,318 | 2.81 | |
| Total: | 1,592,318 | 2.81 |
8. Information in relation to the person subject to the notification obligation
Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity
| Name | % of voting rights (if at least 3% or more) | % of voting rights through instruments (if at least 5% or more) | Total of both (if at least 5% or more) |
| Biofrontera Inc. | |||
| Bio-FRI GmbH |
9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)
Date of general meeting: N/A
10. Other useful information
Date
14.11.2022
(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 Frankfurt, Dusseldorf; free market in Stuttgart, free market in Munich; open market in Berlin, Tradegate
other stock exchanges: US OTC