29 2018
published 18:14

Hemfosa obtains approval from bondholders to a potential distribution of Nyfosa

Publicerat: 29 August 2018 6:14

Hemfosa Fastigheter AB (“Hemfosa”) announced on August 13, 2018 that it is, through a written procedure, soliciting approval from holders of its bonds with ISIN SE0009357403 and SE0009664337 (the “Bonds”) to amend the terms and conditions of the Bonds in relation to a potential distribution of the shares in its subsidiary Nyfosa during the fourth quarter of 2018.

Hemfosa hereby announces that holders of the Bonds representing more than 50 percent of the principal amount of each Bond loan have voted to approve the proposed amendment to permit a potential distribution of the shares in Nyfosa to the holders of ordinary shares in Hemfosa. The requisite quorum and majority requirements have therefore been obtained and the written procedure will be terminated in advance, in accordance with the terms and conditions.

The results of the written procedure will also be sent by regular mail to the holders of Bonds and published on the websites of Hemfosa and Nordic Trustee & Agency AB (the “Agent”) (www.hemfosa.se, www.nordictrustee.com and www.stamdata.com).

Provided that the shareholders of Hemfosa, at an extraordinary general meeting on September 13, 2018, resolve to distribute the shares in Nyfosa to the holders of ordinary shares in Hemfosa, each holder of Bonds will obtain a base fee, which will be an amount equal to 0.05 per cent of the nominal amount of each Bond, held by the relevant bondholder on September 17, 2018.

Under the same conditions as above, each holder of Bonds that voted in favor of the proposal by submitting a valid voting form such that it was received by the Agent no later than 17:00 (CET) on August 28, 2018 is, in addition to the base fee, also eligible to receive an early bird fee in an amount of 0.15 per cent of the nominal amount of each Bond voted for.

For further information, please contact:

Jens Engwall, CEO, jens.engwall@hemfosa.se, mobile +46 70 690 65 50, switchboard +46 8 448 04 80, or Bengt Kjell, Chairman of the Board, mobile +46 70 594 53 98