checkAd

    DGAP-Adhoc  172  0 Kommentare SLM Solutions Group AG: invitation to the holders of the Convertible Bonds 2017/2022 to hold a vote without meeting - Seite 2

    In an agreement entered into today between the Company and Elliott International L.P. ("EILP"), The Liverpool Limited Partnership ("Liverpool") and Cornwall GmbH & Co. KG ("Cornwall") (all of whom are being advised by Elliott Advisors (UK) Limited), EILP and Liverpool have, inter alia, undertaken to support the proposed amendments with all Convertible Bonds 2017/2022 currently held by them and not to exercise the contemplated redemption option if resolved upon in the vote without meeting.

    Furthermore, in the year ahead, the Company is considering convening a vote of the holders of its Convertible Bonds 2020/2026 to waive the conditions precedent for the offer and issuance of the Tranche III Bonds with a nominal amount of at least approx. EUR 30 million. In the agreement concluded with SLM Solutions today, Cornwall, subject to certain conditions, which the Company from today's perspective expects to be met, agreed to support such a waiver with all of Cornwall's currently held Convertible Bonds 2020/2026. Cornwall currently holds more than 75% of the aggregate principal amount of the Convertible Bonds 2020/2026 outstanding. Thus, if such a vote is conducted in 2022, the resolution would pass with the required majority.

    < End of the ad-hoc announcement >

     

    Contact:
    Dirk Ackermann
    SLM Solutions Group AG
    E-Mail: ir@slm-solutions.com

    About SLM Solutions
    SLM Solutions is an integrated solutions provider and metal additive manufacturing partner. The company takes a vested interest in customers' long-term success with metal additive manufacturing. Robust Selective Laser Melting machines optimize fast, reliable, and cost-efficient part production and SLM Solutions' experts work with customers at each stage of the process to provide the support that elevates the use of the technology and ensures their return on investment is maximized. A publicly traded company, SLM Solutions Group AG is headquartered in Germany, with offices in Canada, China, France, India, Italy, Japan, Russia, Singapore, South Korea, and the United States. For more information, visit www.slm-solutions.com.

    Seite 2 von 3


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-Adhoc SLM Solutions Group AG: invitation to the holders of the Convertible Bonds 2017/2022 to hold a vote without meeting - Seite 2 DGAP-Ad-hoc: SLM Solutions Group AG / Key word(s): Financing SLM Solutions Group AG: invitation to the holders of the Convertible Bonds 2017/2022 to hold a vote without meeting 25-Jan-2022 / 21:50 CET/CEST Disclosure of an inside information acc. …

    Schreibe Deinen Kommentar

    Disclaimer