FERN Group, UAB (hereinafter, the “Company”) informs that the repeated meeting of holders of bonds of the Company, ISIN LT0000409633 (hereinafter, the “Bonds”), dated 17 November 2025 adopted the decision, inter alia, to demand that the Company and/or, in the event the Company is unable to fulfil its obligations related to the Bonds, the Bond Guarantor (the closed-end private equity investment fund for professional investors INVL Baltic Sea Growth Fund, hereinafter – the Guarantor) immediately redeem the Bonds in accordance with Clause 7.15 of the Terms and Conditions of the Bonds, by paying to the Bondholders on the redemption date the nominal value of the Bonds together with the interest accrued until the redemption date, including, inter alia, demanding that the Guarantor perform its obligations if the grounds for such performance are established under the guarantee agreement dated 12 September 2024 between the Guarantor and the Trustee acting on behalf of the Bondholders.
More information about the adjourned meeting is provided on the website of the trustee of the holders of Bonds UAB „AUDIFINA“ at: https://www.audifina.lt/en/services/consulting-services/trustee-services/#viesi-pranesimai.
After receipt by the Company from the trustee of holders of the Bonds of the respective request, it shall promptly take the actions for execution of the request together with the Guarantor.
Accounts with the Bondholders will be settled by the end of 2025.
Additional information can be obtained from the authorised person:
Chief Financial Officer
Ieva Poderienė