The minimum investment amount is €1,000, making Koykan corporate bonds accessible to a wide range of investors, including small investors and private individuals.

Koykan already uses a multichannel financing approach, including bank loans, leasing models, private investors and generation of a positive operational cash flow from existing locations. The Company has defined a minimum target investment and already secured financing for that threshold, which further confirms the security and success of this issue.

Yes. Koykan commits to regular and transparent reporting to investors via semi-annual business reports, in which key operational and financial indicators relevant to bondholders will be shown.

Yes, the Company may, with prior notice and under the conditions defined in the issuance documentation, effect early redemption of the bonds. In that case, investors retain the right to repayment of principal and interest up to the date of early redemption.

Convertible bonds are a type of bond that allow investors to convert their debt, under pre-defined conditions, into equity shares in the company. This mechanism reduces investment risk while simultaneously offering potential for higher long-term returns. That is precisely why convertible bonds are attractive both for the issuing company and the investors who invest in them.

What is the minimum investment amount for the convertible bond?
The minimum investment amount for the convertible bond is €50,000. Investors who invest that amount or more automatically acquire the right to use the conversion mechanism into company shares.

The minimum investment amount for the convertible bond is €50,000. Investors who invest that amount or more automatically acquire the right to use the conversion mechanism into company shares.

Investors who invest less than €50,000 can participate via the standard bond, but they do not have the right to convert into company shares. For them, the nominal value of the bond will be repaid at maturity according to the issue terms.

The conversion ratio is calculated according to the formula:
(Amount of conversion / Company value on the conversion day) × 100 = percentage ownership interest
Based on that, the number of company shares the investor acquires is determined.

How is the Company’s value determined for the purpose of conversion calculation?
The value of the Company on the day of conversion is determined according to the most recent valuation by which investors invested in the company’s equity, provided that the evaluation is equal to or higher than €6,250,000. If the value of the Company in that round is less than that amount, a protective minimum (“floor”) value of €6,250,000 is applied, which was determined as the value of the Company from the last investment round in 2023.

The value of the Company on the day of conversion is determined according to the most recent valuation by which investors invested in the company’s equity, provided that the evaluation is equal to or higher than €6,250,000. If the value of the Company in that round is less than that amount, a protective minimum (“floor”) value of €6,250,000 is applied, which was determined as the value of the Company from the last investment round in 2023.

An equity round in this context means a new investment in the company’s business shares that was executed in a transparent manner, with accompanying financial and business documentation and with a clearly determined valuation of the Company that reflects the market conditions at the time of investment.

The investment in the bonds will be converted into ownership shares of the Company by means of an optimal conversion model at the time of maturity. The conversion mechanism will be structured either directly into business shares of the Company or through the Company’s transition into a joint-stock company (d.d.), or through a specially established legal entity (SPV) that will enable investors’ ownership participation.
The selected model will depend on legal, regulatory and operational circumstances at the time of conversion, and all investors will be guaranteed equivalent economic rights and proportional ownership.

If the investor does not wish to convert the bond by the maturity date, the Company is obligated to repay the full nominal amount of the bond, together with the agreed interest.

Yes, the investor may partially convert his/her bond, provided that the amount being converted is not less than €50,000. The remainder of the bond may be kept until maturity, when it will be repaid in accordance with the applicable terms of the issue.

Yes, the decision on conversion must be made no later than 6 months before the bond’s maturity date, so that the Company’s Management can timely prepare all legal and corporate actions for conversion.

No later than 3 months before the bond maturity, the Company’s Management is obliged to convene the General Meeting with the purpose of passing a decision on increasing the share capital via issuance of new business shares. In this way, investors who have invested via the convertible bond will be enabled to exercise their conversion rights.
After the meeting, the Management will inform all investors about the detailed conversion model, including technical and timing framework for its implementation.

The Company’s Management undertakes to take all measures within its power so that the General Meeting is convened in a timely manner and necessary decisions for the conversion process are made. However, it should be borne in mind that there may always be extraordinary circumstances or external factors which may affect the course or outcome of that process (e.g., regulatory changes, legal disputes, property-law obstacles).
If the investor does not realise the conversion right for any reason, including the investor’s own decision, the bond is treated as a standard bond, and upon maturity the Company will repay its nominal value in accordance with the issue terms.

Currently Koykan is focused on maximising positive cash flows and expanding the operational network via its own and franchise QSR locations. As there are no institutional investors in the ownership structure who would direct strategic decisions, the Company retains full autonomy in running its business. In the future, Koykan will continue to make all business decisions aimed at maximising returns for its investors, and with the clear ambition to realise a stock-market listing (IPO) at the optimal moment.
At the same time, Koykan places particular value on small investors and aims to achieve maximum transparency towards them, so that the relationship of trust is based on clear information and mutual interest in long-term success.