Hoist Group received consent from the bondholders in the written procedure
Hoist Group Holding Intressenter AB (publ), 559094-0689
Stockholm, 2 July 2021
Hoist Group received consent from the bondholders in the written procedure.
Hoist Group Holding Intressenter AB (publ) (“Hoist Group”) announces that pursuant to the written procedure initiated on 7 June 2021 among the holders of its maximum SEK 700,000,000 senior secured callable floating rate bonds 2021/2024 with ISIN: SE0015811120 (the “Bonds”) the requested extension to the security take up period has been approved and the written procedure has been successfully concluded.
The quorum and majority requirements required to approve the Request as set out in the notice of written procedure dated 7 June 2021 have been met and hence the amendment to the terms and conditions for the Bonds as set out in the notice of written procedure shall become effective immediately. The amended and restated terms and conditions are available on Hoist Group’s website: www.hoistgroup.com.
This information is information that the Issuer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 17:00 CET on 2 July 2021.
For further information please contact:
Magnus Lindholm, CFO, Hoist Group
About Hoist Group
Hoist Group provides technology solutions to hotels, enabling them to manage coherent end-to-end digital journeys for their guests. Hoist Group optimizes guest services by correlating and analyzing the data that comes from its innovative Property Management & Booking Software, Managed IP Networks, Internet and TV as well as from many other digital touchpoints. Headquartered in Stockholm with 20 offices across EMEA, Hoist Group has 500 dedicated staff serving over 8,000 unique customers.