NOTICE OF VOLUNTARY PREPAYMENT AND DECLARATION OF CONTINUED INTEREST TO REPURCHASE BONDS

Akademibokhandeln Holding AB (publ) (the “Company”) will today send notice of voluntary prepayment to all Bondholders of the Company’s maximum SEK 700,000,000 senior secured callable floating rate bonds with ISIN SE0009690084 (the “Bonds”) in accordance with Clause 9.3 of the terms and conditions for the Bonds (the “Terms and Conditions”).

Unless otherwise defined herein, all defined terms in the Terms and Conditions shall have the same meaning herein.

The Company will make use of its right under Clause 9.3 of the Terms and Conditions to make a partial repayment of Bonds for the calendar year 2017 in an amount corresponding to five (5) per cent. of the aggregate Nominal Amount as of the First Issue Date. This means that a total amount of SEK 25,000,000 will be amortised on the aggregate outstanding Bonds. The partial repayment will reduce the Outstanding Nominal Amount of each Bond pro rata (rounded down to the nearest SEK 1.00). The prepayment price for each Bond will be 103.00 per cent. of the Outstanding Nominal Amount, together with accrued but unpaid interest.

In accordance with paragraph (b) of Clause 9.3 of the Terms and Conditions the partial repayment will be made on the next Interest Payment Date being 12 March 2018. The Record Date for the repayment will be 5 March 2018. 

The notice of voluntary prepayment is irrevocable.

For information purposes only, the Company is contemplating to also make use of its right to make a partial repayment of Bonds in accordance with Clause 9.3 of the Terms of Conditions for the calendar year 2018 which, in such case, will occur at the earliest during the second financial quarter of 2018.

In addition to the above, the Company declares its continued interest to repurchase Bonds, in the market or in any other way, at an initial price not exceeding 106.80 per cent. of the Outstanding Nominal Amount of each Bond together with accrued but unpaid interest up until the relevant settlement date. The repurchase price included in the Company’s declaration of interest to repurchase Bonds will be adjusted downwards on a linear basis to 103.00 per cent. on 10 March 2019. The described declaration of interest shall not constitute an offer to purchase or sell financial instruments. The Company retains the right, in its sole discretion, to not repurchase any Bonds.

A Bondholder wishing to sell its Bonds may notify the Company by sending a request by regular mail or e-mail to the following address:

Akademibokhandeln Holding AB (publ)
Att: Maria Hamrefors
Box 2100, 103 13 Stockholm, Sweden
Email: maria.hamrefors@akademibokhandeln.se

For additional information, please contact:

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

This information is information that Akademibokhandeln 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 15 December 2017, 8.00 CET. 

For additional information, please contact:

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

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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