Kurs & Likviditet
Beskrivning
Land | Irland |
---|---|
Lista | Euronext Growth Oslo |
Sektor | Energi & Miljö |
Industri | Energikällor |
2021-12-07 11:28:07
Reference is made to the bonds (the "Bonds") Issued by Solis Bond Company DAC
(the "Issuer"), Alternus Energy Group Plc's wholly owned subsidiary, under the
Bond Issue and the bond terms applicable to the Bonds (the "Bond Terms").
Pursuant to the Bond Terms, the Issuer shall use its reasonable endeavours to
ensure that the Bonds are listed on Oslo Børs (the Oslo Stock Exchange) within
6 January 2022, being twelve months of the issue date. The Issuer has prepared a
listing prospectus, which will be filed with the Norwegian Financial Supervisory
Authority (the "NFSA"). An initial prospectus was filed with the NSFA, including
consolidated audited financial statements, for approval on 15 November 2021.
However, in light of certain changes to the enforcement of audit requirements,
the NFSA requested the Issuer to re-file the listing prospectus with updated and
separate audited financial statements for each of the guarantors. Such separate
audited statements must include those guarantors / acquisitions that will close
in the future, up to and including the date of listing. The Issuer is currently
working on the preparation and audit of these financial statements and expect
that they will be finalised by early January 2022. Considering the anticipated
time for the NFSA's review process, the Bonds will not be listed by 6 January
2022. Consequently, as of 7 January 2022 and until the Bonds have been listed on
Oslo Børs, the interest on the principal amount outstanding under the Bond Terms
will accrue interest at the Interest Rate plus 1.00 percentage point per annum.
Based on current information, the Issuer expects that the Bonds will be listed
within the first quarter of 2022. Updates on the listing process will be
provided as and when appropriate.
For more information, please contact Joseph Duey, CFO on:
E: jd@alternusenergy.com
T: +1 704 519 6723