11.3.2022 09:37:35 CET | Ice Group Scandinavia Holdings AS | Additional regulated information required to be disclosed under the laws of a member state
Ice Group Scandinavia Holdings AS (the “Issuer”) hereby summons for a bondholders’ meeting for outstanding bond loan IGSH01 (the “Bond Issue”).
On 18 February 2022, following extensive negotiations, the Issuer’s immediate parent AINMT Holdings AB and the Issuer’s ultimate parent Ice Group ASA (together with its subsidiaries, “Ice Group”) announced that they had decided to enter into a Heads of Terms agreement with Lyse AS (“Lyse”) regarding the sale of the Issuer as well as Phonepartner Norge Holding AS, Ice Retail Holding AS and such additional assets and shares which belong to the business operations of Ice Group (the “Transaction”).
On 4 March 2022, Ice Group ASA and AINMT Holdings AB as sellers and Lyse as purchaser entered into a sale and purchase agreement for the Transaction. Completion of the Transaction is subject to regulatory approvals, approval by relevant Ice Group stakeholders and certain other customary conditions. Closing of the Transaction is targeted for the end of March 2022, but the exact timing of the closing has yet to be decided as this cannot take place before final regulatory approvals are granted. Both Ice Group and Lyse expect that these are granted prior to the Maturity Date for the Bond Issue, however it cannot be ruled out that the formal approval processes may take longer. In order to make sure the Transaction will be carried out prior to the final maturity and repayment of the Bond Issue, the Issuer proposes to include inter alia an extension option in the Bond Terms.
Please see attached summons of bondholders’ meeting for further details. The bondholders’ meeting will be held on 28 March 2022 at 13:00 Oslo time at Kronprinsesse Märthas plass 1, in Oslo.
Contacts
Espen Risholm, Head of investor relations, +47 924 80 248, espen.risholm@icegroup.com
Attachments
Download announcement as PDF.pdf
Summons for bondholders meeting.pdf
