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  • Qred Holding AB (publ) obtains approval from bondholders to delist its senior secured bonds 2019/2022 from trading on regulated exchanges and multilateral trading facilities and applies for delisting

Qred Holding AB (publ) obtains approval from bondholders to delist its senior secured bonds 2019/2022 from trading on regulated exchanges and multilateral trading facilities and applies for delisting

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Qred Holding AB (publ), Reg. No. 559031-0685 (the “Company”), has concluded the written procedure instigated on 22 March 2021 (the “Written Procedure”) that sought approval from bondholders (“Bondholders”) to amend the terms and conditions (“Bond Terms and Conditions”) to permit delisting of its senior secured bonds 2019/2022 with ISIN SE0012507267 (the “Bonds”) from trading on regulated exchanges and multilateral trading facilities. 
 

Participating Bondholders formed the requisite quorum and voted unanimously in favour of the request to amend the Bond Terms and Conditions. Consent to amend the Bond Terms and Conditions was deemed to be granted as from the expiry of the voting period on 16 April 2021. The results of the Written Procedure will also be sent by post to Bondholders, as well as be published on the website of the Bond agent, Nordic Trustee & Agency AB (publ) (www.nordictrustee.com). The amended Bond Terms and Conditions will be made available on the Company’s website. 


Each Bondholder is eligible to receive a consent fee in an amount equal to 1.00 per cent. of the nominal amount of each Bond held by the relevant Bondholder on the date falling two (2) Business Days from the date hereof. Settlement of the consent fee is expected to occur on 28 April 2021. 
 

In light of the obtained approval, the Company intends to apply for delisting of the Bonds from trading on Nasdaq Stockholm and the Open Market segment of the Frankfurt Stock Exchange during April or May 2021. 

This is information that Qred 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 below, at 15:00 CET on 19 April 2021.
 

For further information, please contact:

Andrea Gyllencreutz Romander, Head of Investor Relations
+46 730 92 66 07, andrea.romander@qred.com

Emil Sunvisson, CEO
+46 708 109 735, emil.sunvisson@qred.com



Andrea Romander
Head of Brand & Communications Qred AB
+46 730 926 607

andrea.romander@qred.com

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