Net Gaming Europe obtains approval from bondholders regarding certain amendments to the terms and conditions of its outstanding senior secured bond loan 2017/2020

Net Gaming Europe AB (publ) (“Net Gaming”) announced on 21 April 2020 that it is, through a written procedure, soliciting approval from holders of its bonds (the “Bondholders”) with ISIN SE0010297572 (the “Bonds”) to make certain amendments (primarily an extension of the term to 14 September 2022)  to the terms and conditions of the Bonds.

A requisite majority of the voting bondholders voted in favor of the request to amend the terms and conditions of the Bonds. The bondholders´ consent to amend the terms and conditions for the Bonds were deemed to be approved as from the expiry of the voting period as per 18 May 2020.

The results of the written procedure will also be sent by regular mail to the Bondholders and be published on the websites of Net Gaming (https://www.acroud.com/en/written-procedure) and Nordic Trustee & Agency AB (www.nordictrustee.com and www.stamdata.com).

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 three (3) Business Days from the date hereof. The settlement of the consent fee is expected to occur on 29 May 2020.

Robert Andersson, President and CEO

For further information please contact:
Robert Andersson, President and CEO
+356 9999 8017

Gustav Vadenbring, Group CFO
+356 9967 6001

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

Certified Adviser: FNCA Sweden AB, [email protected], +46 8 528 00 399

This information is information that Net Gaming Europe AB (publ) is required to disclose under the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 18 May 2020 at 19.30 CET.

About Net Gaming
Net Gaming owns, operates and develops high-quality comparison sites, mainly in iGaming affiliation, for the purpose of helping our partners by channelling high-quality users to the Company’s customers – primarily iGaming operators. Through the sites, Net Gaming generates high-quality users, primarily to global iGaming operators. The Company, which was founded in 2003, has just over 70 employees and is headquartered in Malta. The share (NETG) is listed on Nasdaq First North Growth Market Premier. Certified Adviser: FNCA Sweden AB, [email protected], +46 8 528 00 399