Final result of written procedure regarding the earlyredemption of bonds in Akademibokhandeln

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

Akademibokhandeln Holding AB (publ) (“ Akademibokhandeln ” or the “ Issuer ”), a subsidiary of Volati AB (publ), today announces that the written procedure initiated on 13 November 2017 with respect to approval of amendments of the terms and conditions of the Issuer’s senior secured floating rate bonds due 2021 (ISIN: SE0009690084) (the “ Bonds ”), has been concluded.

The majority requirement was not met and the Bonds will therefore remain outstanding in accordance with the terms and conditions of the Bonds. In the tender offer, SEK 192 million was tendered and the outstanding nominal amount of Bonds not held by Akademibokhandeln or an affiliate to Akademibokhandeln is SEK 308 million.

Further, Akademibokhandeln announces its interest to purchase Bonds, on the market or in any other way, at an initial cash purchase price not higher than 106.80 per cent of the nominal amount of each Bond (in addition to accrued and unpaid interest). The purchase price included in Akademibokhandeln’s purchase interest is intended to be adjusted towards 103.00 percent on a linear basis until 10 March 2019. The described purchase interest shall not constitute a tender offer of Bonds and any decision to purchase Bonds shall always be at the discretion of Akademibokhandeln.

Bookrunners and Solicitation Agents:

Nordea Bank AB (publ): Tel: +45 6161 2996 / Email: Nordealiabilitymanagement@nordea.com
Skandinaviska Enskilda Banken AB (publ): Tel: +46 85 06 23061 / E-mail: sebliabilitymanagement@seb.se

Volati

Mårten Andersson, CEO Volati AB, + 46 72-735 84, marten.andersson@volati.se
Mattias Björk, CFO Volati AB, +46 70-610 80 89, mattias.bjork@volati.se

Akademibokhandeln

Maria Hamrefors, CEO, Akademibokhandelsgruppen
+46 10 - 744 10 55, 
maria.hamrefors@akademibokhandeln.se

This information is information that Akademibokhandel Holding AB (publ) 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 above, at 8 December 2017, 08:00 CET.

 

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About Us

Akademibokhandeln Holding AB (publ) med dotterbolag är Sveriges ledande bokhandelsaktör med de starka och uppskattade varumärkena Akademibokhandeln och Bokus. I över 100 butiker och på nätet erbjuder Akademibokhandeln ett stort och väl sammansatt sortiment av böcker och inspirerande varor för alla som vill skriva, rita, pyssla, planera och förvara. Bokus är den digitala bokspecialisten som erbjuder mer än 10 miljoner fysiska och digitala böcker från hela världen. Gruppen ägs av Volati AB och företagsledningen. Mer information finns tillgänglig på hemsidorna www.akademibokhandelnholding.se och www.volati.se

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