On
The Company hereby announces that the required quorum was obtained in the written procedure and that the required majority of the votes cast in the written procedure were in favour of the proposal (61 percent of the bondholders were present, all in favour of the proposal).
In short, the amendments to the terms and conditions of the Bonds entail:
- that the proceeds of the rights issue resolved by the Company shall be added to EBITDA to determine whether the payment of the dividend that was resolved by the 2022 Annual General Meeting is permitted under the terms and conditions of the Bonds; and
- that holders of Bonds representing at least 10 % of the adjusted nominal amount may at any time require that 20 % of the total aggregate nominal amount is redeemed on
19 February 2024 . However, such request can be made no later than 10 business days prior to19 February 2024 .
The amended terms and conditions of the Bonds are in force from today's date,
Furthermore, the Company has received the waiver (of exercise of rights under the terms and conditions of the Bonds) which is necessary for the remaining part of the earn-out consideration that may be paid to the seller of
On
The amended terms and conditions of the Bonds will be available on the Company's website www.DistIT.se.
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