Eniro announces preliminary date for payment to convertible holders who accept offers within the framework of the recapitalisation
On March 16, the Board of Directors of Eniro AB decided to replace the previously communicated exchange offer to the convertible holders with a cash offer in which the convertible holders are offered redemption of the convertibles at a cash equivalent of 30 percent of the nominal amount. The offer is conditional on convertible holders representing at least 90 percent of outstanding convertible loan. The Board also resolved to once more request that the bondholders decide in a written procedure to exchange bonds for Series A preference shares at a price of SEK 1.60 per preference share,