Aonic contemplates new acquisition and initiates a written procedure under its existing bonds to permit a contemplated EUR 25 million subsequent bond issue
Contemplated acquisition to be funded by issuance of subsequent bonds
Aonic AB (publ) (the “Company” or “Aonic”) is contemplating to acquire a European research technology business (the “Target”) to further expand its mobile and web-based rewards platforms. Based on the Target’s last twelve months financial performance, the contemplated acquisition represents approximately 5-10% of the Aonic group’s adjusted EBITDA on a pro forma basis.
To fund the acquisition of the Target, including the transaction costs, the Company has mandated Pareto Securities AB as global coordinator and joint bookrunner and Nordea Bank Abp as joint bookrunner to arrange a series of fixed income investor meetings to investigate the possibility to issue subsequent senior secured bonds in an amount of EUR 25 million (the “Tap Issue”) under the terms and conditions (the “Terms and Conditions”) for the Company’s outstanding senior secured bonds with ISIN SE0020975449.
Written procedure
In order to carry out the Tap Issue and to allow for potential issuance of additional subsequent bonds, the framework amount under the Terms and Conditions will need to be increased from EUR 125 million to EUR 150 million. The Company has therefore today initiated a written procedure to request the necessary approval from the bondholders for such increase of the framework amount under the Terms and Conditions (the “Written Procedure”).
If the proposal in the Written Procedure is approved and the Terms and Conditions are amended, the bondholders will be entitled to an amendment fee equal to 0.5 per cent of the Nominal Amount (as defined in the Terms and Conditions) held by such bondholder on 8 May 2026 (being the amendment fee record date). Payment of the amendment fee (if any) is expected to occur on 18 May 2026. For the avoidance of doubt, the amendment fee (if any) will only be payable to holders of the bonds as per the amendment fee record date, which will occur prior to the settlement of the Tap Issue (consequently, bonds issued in the Tap Issue shall not entitle the holders thereof to any amendment fee in respect of such bonds).
As of today, the Company has received voting undertakings from bondholders representing 43 per cent. of the outstanding Nominal Amount to vote in favor of the proposal.
The Company has instructed CSC (Sweden) AB (the “Agent”) in its capacity as agent under the Terms and Conditions to send a notice of written procedure to the direct registered owners and registered authorized nominees of the bonds in the debt ledger held by Euroclear Sweden AB as per 16 April 2026. The notice of written procedure is available on the websites of the Agent and the Company.
The outcome of the Written Procedure will be announced by way of press release upon the conclusion of the Written Procedure. The voting record date is 22 April 2026 and the last day for voting is 7 May 2026.
Advokatfirman Vinge KB acts as legal advisor to Aonic in connection with the Tap Issue and the Written Procedure. Roschier Advokatbyrå AB acts as legal advisor to the joint bookrunners.
For more information, please contact:
Paul Schempp, CEO
+46086988700
paul.schempp@aonic.co
About Aonic
Aonic operates proprietary user acquisition platforms serving many of the world’s largest mobile game developers, as well as developing and publishing a wide range of its own multiplatform video games to excite gamers worldwide. Learn more at www.aonic.com.
This information is information that the Company 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 14.00 CEST on 17 April 2026.
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