Eniro presents updated preliminary timetable for recapitalization
Nasdaq Stockholm–listed Eniro AB (publ) (“Eniro” or “the Company”) has previously communicated that the Company, together with the Company’s lending banks, has drawn up a recapitalization plan (“the Recapitalization”). Because the timetable for the Company’s Recapitalization has been pushed back, as previously communicated the Company’s Annual General Meeting has been postponed to June 7, 2017. An updated preliminary timetable for the Recapitalization is provided below.
The recapitalization plan requires that a number of resolutions are passed by the Annual General Meeting of shareholders. Notice of the Annual General Meeting including such proposals is separately published on this day.
Preliminary timetable
The following timetable is preliminary and may change.
| June 7, 2017 | Annual General Meeting |
| June 8, 2017 | Publication of prospectus for Exchange Offers |
| June 13 – July 4, 2017 | Acceptance period for Exchange Offers |
| July 6, 2017 | Announcement of outcome of the Exchange Offers |
| July 20, 2017 | Publication of the terms for the Cash Issue |
| July 27, 2017 | Publication of prospectus for Cash Issue |
| July 28, 2017 | Record date for participation in Cash Issue |
| August 1 – 29, 2017 | Subscription period for Cash Issue |
For more information, please contact:
Örjan Frid, President and CEO, Eniro, tel. +46-70 561 1615
Eniro is a leading search company for individuals and businesses in the Nordic region. With quality-assured content and an unrivaled user experience, Eniro inspires local discoveries and makes local communities thrive. Eniro’s content is available through Internet and mobile services, printed directories, directory assistance and SMS services. Each week Eniro Group’s digital services have 8.1 million unique visitors who perform 14.5 million searches. Eniro Group has about 1,700 employees and operations in Sweden, Norway, Denmark, Finland and Poland. The company is listed on Nasdaq Stockholm [ENRO] and headquartered in Stockholm. More on Eniro at enirogroup.com.