Inside information: Remedy enters into a EUR 15 million convertible loan agreement with Tencent
Remedy Entertainment Plc Inside information September 27, 2024, at 9.00 a.m. EEST Inside information: Remedy enters into a EUR 15 million convertible loan agreement with Tencent Remedy Entertainment Plc (“Remedy” or “Company”) has today signed a Convertible Loan Agreement with an affiliate of Tencent Holdings Limited (“Tencent”) to issue a EUR 15 million unsecured convertible loan (“loan”). The loan carries an 8% annual non-cash interest and has a fixed conversion rate of EUR 27.2 per share, corresponding to a 63.86% premium of the closing price for Remedy’s shares on Nasdaq