Beskrivning
Land | Norge |
---|---|
Lista | OAX Equities |
Sektor | Telekom & Media |
Industri | Telekommunikation och -tjänster |
30.3.2022 17:14:38 CEST | Ice Group ASA | Additional regulated information required to be disclosed under the laws of a member state
Reference is made to the announcement of 18 February by ICE Group ASA (the "Company") regarding a sale of Ice Group Scandinavia Holding AS («IGSH») and associated assets to Lyse AS, and the notice dated 4 March 2022 regarding entering into a definitive sale and purchase agreement. The sale of the shares in IGSH and associated assets has today been completed. Receipt of certain international payments are still in the process of being finally confirmed.
The Company will employ the proceeds from the transaction to repay the loan provided by GoldenTree to AINMT Holdings AB, repay the PIK Toggle Convertible Bond issued by the Company and the loan provided by Rasmussengruppen AS. As a consequence of the repayment of GoldenTree loan, the dispute between AINMT Holdings AB and GoldenTree will be discontinued by mutual agreement between the parties upon receipt of payment by the lenders.
As approved by the extraordinary general meeting on 21 March 2022, the Company will change its name to AINMT ASA following completion of the transaction.
Lazard, DNB Markets, a part of DNB Bank ASA and Pareto Securities AS are acting as financial advisors to the Company and Advokatfirmaet Gisvold AS and Ro Sommernes advokatfirma DA are acting as legal advisors to the Company. Advokatfirmaet Wiersholm AS is acting as legal advisor to the Company's Board of Directors.
Disclosure regulation
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Espen Risholm, Head of investor relations, +47 924 80 248, ir@icegroup.com
- Reynir Johannesson, Communication director, +47 940 94 900, reynir.johannesson@ice.no