News and Press releases
IR contact: For more information, please contact Henrik Wennerholm, Chief Executive Officer:
Telephone: +41 41 766 1420
DDM Holding AG
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DDM Debt AB
DDM Debt calls a bondholders' meeting for its up to EUR 150m bond loan with ISIN: SE0012454940
DDM Debt AB (Nasdaq Stockholm: DDM2) ("DDM Debt") today announces that it is calling a meeting with the holders of its up to EUR 150,000,000 senior secured floating rate bonds due 2022 (ISIN SE0012454940) (the "Bonds") (the "Bondholders") to request that certain amendments are made to the terms and conditions of the Bonds, as specified in the attached Notice of Bondholders' Meeting (the "Proposals").
Voting in relation to the Proposals will be made at a Bondholders’ meeting to be held at the offices of Roschier Attorneys at Brunkebergstorg 2, 103 90 Stockholm, Sweden, and will take place at 9:00 CET on 3 December 2019 (the "Meeting"). In order for the Proposals to be passed at the Meeting a quorum of at least twenty (20) per cent. of the adjusted nominal amount must be reached and a majority of at least fifty (50) per cent. of the adjusted nominal amount must vote in favour of the Proposals. Bondholders may cast a vote at the Meeting by participating in person or via representation by proxy. Any individual or company whose Bonds are held by a nominee must contact such nominee to participate in or vote at the Meeting.
For further information about the Proposals and the Meeting, please see the attached notice of Bondholders' Meeting.
For further information, please contact:
Henrik Wennerholm, Chief Executive Officer
Tel: +41 79 539 88 59
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. DDM Holding AG (First North Growth Market: DDM) is a multinational investor in and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 4 billion.