Caybon Holding AB (publ) - Initiates a written procedure to enable the disposal of Future Media Group AB
Caybon Holding AB (publ). reg. no. 559049-5056, (the "Company") has on the 18 July 2024 announced that the Company has entered into a sale and purchase agreement to dispose of its shares in Future Media Group AB ("FMG") (the "Disposal").
To enable the completion of the Disposal, the Company has instructed the agent for the Company's SEK 130,000,000 super senior secured floating rate bonds with ISIN SE0021923562 (the "Super Senior Bonds") to initiate a written procedure to request the bondholders to vote in favour of giving consent to release the transaction security over the shares in FMG and the guarantee provided by FMG. The requests are further developed in the notice to the written procedure.
Bondholders representing more than 75 per cent. of the Adjusted Nominal Amount have expressed their support of the requests.
The agent will deliver the notice to a written procedure to all bondholders on 22 July 2024. The written procedure will commence on 26 July 2024 and end on 1 August 2024. To be eligible to participate in the written procedure a person must fulfil the formal criteria for being a bondholder on 26 July 2024. This means that the person must be registered on a securities account with Euroclear Sweden AB as a direct registered owner (Sw. direktregistrerad ägare) or authorised nominee (Sw. förvaltare) with respect to one or several Super Senior Bonds.
The notice to the written procedure is available on the Company's website http://www.caybon.com and on Stamdata (http://www.stamdata.com).
For further information, please contact:
Johan Janing, Chief Executive Officer
Email: [email protected]
About Caybon
Caybon is a world-leading digital media company focused on branded content that drives tangible results.
Caybon is a group of scalable, digitally focused marketing companies specialised in content and distribution. The purpose is to offer advertisers and organisations a way to communicate with their target group in an editorial and relevant context. The various offerings include a range of solutions from online media, videos, performance related advertising, events as well as printed products. Revenues in turn are derived from content production as well as various forms of advertising solutions. The clients range from small to medium sized companies all the way up to multinational groups. The client base is thus diversified in terms of both size, sector and geography. The five brands within the Group are grouped into two business segments: Campaign and Network.
Find out more at www.caybon.com
Om Caybon
Caybon delivers data-driven branded content campaigns for more than 9,000 clients around the globe. We began life as Mediaplanet in Stockholm in 2002, and grew quickly into a media powerhouse with presence in Europe, North America, South America and Asia.
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