Real People Investment Holdings Limited: - Notice of Written Procedure
(Thomson Reuters ONE) -
Real People Investment Holdings Limited (the "Company") has, on the date hereof,
instructed Nordic Trustee & Agency AB (publ), being the agent under its SEK
260,000,000 and NOK 135,000,000 senior unsecured callable bonds with ISINs
SE0005392560 and NO0010689342 2013/2018 (the "Bonds") to initiate a written
procedure in order to request that the bondholders vote in favour of, (i)
acceding to a standstill agreement entered into by the Company and certain of
its senior unsecured funders and subordinated debt funders on 17 May 2017 and,
(ii) amending the terms and conditions of the Bonds in order to enable the
bondholders to take decisions by way of future bondholders' meetings or written
procedures faster than the current terms and conditions permit.
The agent will dispatch the notice of the written procedure to all bondholders
on 26 May 2017 in accordance with the terms and conditions of the Bonds. The
written procedure will end at 17:00 (CEST) on 22 June 2017.
The notice of the written procedure is available on the Company's website
(www.realpeoplegroup.co.za) and on Stamdata (www.stamdata.com).
For further information, please contact:
Neil Grobbelaar, Group Chief Executive Officer
Telephone: +27 (0) 10 245 8001
Email: NGrobbelaar(at)realpeople.co.za
The information contained in this press release is such information that Real
People Investment Holdings Limited is required to publish in accordance with the
Swedish Securities Market Act (2007:528) and/or the Swedish Financial
Instruments Trading Act (1991:980). The information was submitted for
publication on 26 May 2017 at 3.30pm.
Real People - Notice of Written Procedure 26 May 2017:
http://hugin.info/173743/R/2107948/800604.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Real People Investment Holdings Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 26.05.2017 - 15:48 Uhr
Sprache: Deutsch
News-ID 544798
Anzahl Zeichen: 2424
contact information:
Town:
Rosebank
Kategorie:
Business News
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"Real People Investment Holdings Limited: - Notice of Written Procedure"
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