No. 2/2019
Copenhagen, 06 February 2019
Reference is made to the press release made by Lauritz.com A/S ("Lauritz") earlier today where Lauritz announced that it was going to initiate a written procedure for its corporate bonds with ISIN: SE0005999521 issued in 2014 (the "Bonds") where the bondholders are requested to approve a proposal to amend the terms and conditions for the Bonds.
As mentioned in the previous press release, the proposal includes an extension of the term for the Bonds, a reduction of the interest, a partial write-down of the aggregate nominal amount, a deletion of the obligation to fulfil certain financial covenants, an obligation to pursue divestment of certain auction houses and use the net proceeds to partially repay the Bonds and granting of additional security.
This is to inform you that the agent for the Bonds, Nordic Trustee & Agency AB (publ) (the "Agent"), today has dispatched a notice for the written procedure. Duly completed voting forms must be provided to the Agent no later than 15.00 (CET) on 25 February 2019.
A full version of the notice for the written procedure (including the proposal to amend the terms and conditions for the Bonds, instructions on voting and a voting form) is available on Lauritz' website www.Lauritz.com and on Stamdata (www.stamdata.com).
Best regards
Lauritz.com A/S
Bengt Sundström
Chairman
For press enquiries, other questions for and interviews with Bengt Sundström, please contact:
Susanne Sandsberg Klubien
+45 26891909
E-mail press@lauritz.com
Certified advisor: Erik Penser Bank, Stockholm
Market place: Nasdaq First North Stockholm
This information is information that Lauritz.com A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at 13.00 pm CET on 06 February 2019.
