Net Gaming prepays part of existing convertible loan

By 21 September, 2017Press releases-old

Net Gaming Europe AB (publ) (the “Company”) has decided to prepay part of the Company’s outstanding convertible loan with ISIN SE0009409139 (the “Convertible Loan”).

Net Gaming Europe AB (publ) has decided to prepay 50 % of the original total nominal amount of the Company’s outstanding Convertible Loan, i.e. SEK 70 million. The decision was made after the holders of the convertibles voted in favor of a change of the terms and conditions for the convertibles, enabling the Company to amortise 50 % of the initial convertible loan amount without having to increase its equity by way of a new share issue in the corresponding amount. The prepayment will take place on 5 October 2017 with the applicable record date on 28 September 2017. The prepayment amount for each convertible will be equal to 103 per cent. of the nominal amount of each convertible, plus accrued but unpaid interest.

 

For further information please contact:
Marcus Teilman, President and CEO
+356 9936 7352

Net Gaming Europe AB (publ)
Telephone: +46 8 410 380 44
E-mail: [email protected]
Website: www.acroud.com

 

This information is information that Net Gaming Europe AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU), and when applicable, the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out below, at 10:40 CET on 21 September 2017.