German Listed Bonds plc: Events of Default in relation to certain Facility Agreements between Issuer and Ampere Projektentwicklungsgesellschaft

London, 13. December 2019 (pta023/13.12.2019/21:25 UTC+1) ,

We refer to the following Securities being traded at the Frankfurt Stock Exchange (open market): the Series 2018-GLB 1 EUR 2,860,000 profit participating certificates 17/04/2022 (ISIN XS1856028342) ("Series 1"), Series 2018-GLB 2 EUR 5,685,000 profit participating certificates due 17/04/2022 (ISIN XS1856028425) ("Series 2") and Series 2018-GLB 3 USD 14,050,000 profit participating certificates due 13/09/2021 (ISIN XS1921996382) ("Series 3") (together, the "Notes"), issued by German Listed Bonds Plc (the "Issuer").

Events of default have arisen in relation to the 2019 facility agreements (the "Facility Agreements") between the Issuer as lender and Ampere Projektentwicklungsgesellschaft mbH as borrower (the "Borrower") pursuant to which loans have been made from the funds received under Series 1, Series 2 and Series 3 of the Notes. The Borrower is in default of the Facility Agreements due to the fact that it had failed to pay interest on the loan when due under the Facility Agreements and failed to grant a first ranking land charge (Grundschuld) over the property as required by the Facility Agreements ("German Facility Default").

The German Facility Default has an adverse impact on the Issuer's ability to pay a coupon due to holders of the Series 3 notes and the Issuer does not expect to make the coupon payment to the holders of Series 3 notes due on 15 December 2019.

In the event the coupon payment is not made by the expiry of the applicable grace period on 29 December 2019, an event of default will occur under the relevant programme documentation for Series 3 notes and if the coupon payment is not made in respect of Series 1 and 2 notes in April 2020 then an event of default may occur under the relevant programme documentation for Series 1 and Series 2 notes.

The Issuer has notified the Trustee and the Security Trustee of the above and is working through the situation with the Borrower.

Given the circumstances above, the Issuer has taken a decision at a board meeting held on 13 December 2019 to request to suspend trading of the Notes.

For any questions please contact:
Name: Carl Mauritzon
Position with Issuer: Director
Phone: +44 (0) 203 397 9912
E-Mail: info@germanlistedbonds.com
Language: English
Issuer: German Listed Bonds Plc, Brompton Place, 161 Brompton Road, London, SW3 1QP
Phone: +44 (0) 203 397 9912
E-mail: info@germanlistedbonds.com
Internet: https://www.germanlistedbonds.com/
ISIN: XS1856028342; XS1856028425; XS1921996382)
Exchanges: Frankfurt (open market); Zurich (not listed), Cayman Island Stock Exchange

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Emitter:	German Listed Bonds plc Brompton Place, 161 Brompton Road SW3 1PQ London United Kingdom
Contact Person:	Calr Mauritzon
Phone:	+44 (0) 203 397 9912
E-Mail:	info@germanlistedbonds.com
Website:	www.germanlistedbonds.com
ISIN(s):	XS1856028342 (Bond)
Stock Exchange(s):	Free Market in Frankfurt
Other Stock Exchanges:	SIX Swiss Exchange