Company announcement: The holders of PWT Holding A/S' senior secured bonds have declared all amounts outstanding under the bonds immediately due and payable


The holders of PWT Holding A/S' issued bonds with ISIN DK0030405188 have declared all amounts outstanding under the bonds immediately due and payable as a consequence of PWT Holding A/S' insolvency. The bondholders have also notified PWT Holding A/S that they will enforce their security over an intra-group loan from PWT Holding A/S to PWT Group A/S and that, pursuant to the security agreement regarding the bondholders' security over the shares in PWT Group A/S, the bondholder's will take over the voting rights attached to PWT Holding A/S's  shares in PWT Group A/S and the right to receive dividends from PWT Group A/S. 

The bondholders have notified PWT Holding A/S that the acceleration of the debt and the enforcement of the security is made for technical and legal purposes and have expressed their continued intention to collaborate in finding a long term solution for the PWT Group.

For further information, please contact

PWT Holding A/S
Ole Koch Hansen, CEO
Telephone: +45 40444130
E-mail: ole@pwtgroup.dk

Claus Back Nielsen, CFO
Telephone: +45 25434611
E-mail: cbn@pwtgroup.dk

Information: This information is information that PWT Holding A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 13,45 on 5 May 2020.

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PWT Holding AS - Company announcement - Acceleration