Schletter International B.V. - Early redemption of the FRN Bond 2022/2025 (ISIN: NO0012530973/WKN: A3K86F) and the 12%-Bond 2022/2026 (ISIN: NO0012530981/WKN: A3K86D)

EQS-Ad-hoc: Schletter International B.V. / Schlagwort(e): Anleihe

Schletter International B.V. - Early redemption of the FRN Bond 2022/2025

(ISIN: NO0012530973/WKN: A3K86F) and the 12%-Bond 2022/2026 (ISIN:

NO0012530981/WKN: A3K86D)

01.08.2024 / 01:00 CET/CEST

Veröffentlichung einer Insiderinformation nach Artikel 17 der Verordnung

(EU) Nr. 596/2014, übermittelt durch EQS News - ein Service der EQS Group

AG.

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Amsterdam, 1 August 2024. The indirect shareholders of Schletter

International B.V. (the "Company"), Arin Business HoldCo S.à r.l. and Robus

Arin Invest S.à r.l., have on 31 July 2024 signed a merger agreement with,

amongst others, Rhaegal Topco B.V. ("Enstall"), a global leader in rooftop

solar mounting solutions, (the "Merger Agreement") for the statutory merger

of the Company's indirect shareholder Arin NewCo B.V. ("Arin NewCo") with

Enstall as a result of which the separate corporate existence of Arin NewCo

will cease and Enstall will continue as the sole surviving company (the

"Transaction").

The Transaction is expected to close in the second half of 2024 or early

2025, subject to customary closing conditions, including regulatory

approvals.

As part of the Merger Agreement, the Company is obligated to exercise an

early redemption option of the FRN Bond 2022/2025 due 12 September 2025

(ISIN: NO0012530973/WKN: A3K86F) (the "Bond 2022/2025") and of the 12%-Bond

2022/2026 due 12 March 2026 (ISIN: NO0012530981/WKN: A3K86D) (the "Bond

2022/2026", and together with the Bond 2022/2025, the "Bonds"). The Bonds

shall be redeemed upon, and subject to, the closing of the Transaction. The

early redemption of the Bonds shall be made by exercising the early

redemption option in accordance with clause 10.2 (a) (iii) of the bond terms

of the Bond 2022/2025 to a price equal to 102.22% of the nominal amount for

each redeemed bond or with clause 10.2 (a) (iv) of the bond terms of the

Bond 2022/2025 to a price equal to 100.74% of the nominal amount for each

redeemed bond - depending on the time of closing of the Transaction - and

clause 10.2 (a) (iii) of the bond terms of the Bond 2022/2026 to a price

equal to 103.60% of the nominal amount for each redeemed bond or clause 10.2

(a) (iv) of the bond terms of the Bond 2022/2026 to a price equal to 101.20%

of the nominal amount for each redeemed bond - depending on the time of

closing of the Transaction.

The Bonds were issued in September 2022 and are listed on the Open Market

(Freiverkehr)

of the Frankfurt Stock Exchange and Nordic ABM.

Contact/notifying person:

Marc Wallowy

Phone +49 1761 9191 195

Email investors@schletter-group.com

Ende der Insiderinformation

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Meldepflichten, Corporate News/Finanznachrichten und Pressemitteilungen.

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Sprache: Deutsch

Unternehmen: Schletter International B.V.

Herikerbergweg 88

1101 CM Amsterdam

Niederlande

ISIN: NO0012530973, NO0012530981

WKN: A3K86F , A3K86D

Börsen: Freiverkehr in Frankfurt; Oslo

EQS News ID: 1958611

Intended to be listed.

Ende der Mitteilung EQS News-Service

1958611 01.08.2024 CET/CEST

 ISIN  NO0012530973  NO0012530981

AXC0001 2024-08-01/01:00

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