Announcement on concluding Loan Agreements
The Company hereby announces that the following Loan Agreements with AS BlueOrange Bank were concluded on 30 July 2021:
The Loan Agreement between SIA Sakret and AS BlueOrange Bank, the purpose of the loan – the loan granting to AS SAKRET HOLDINGS for the purpose of its issued notes discharge (repayment);
The Loan Agreement between OU Sakret and AS BlueOrange Bank, the purpose of the loan – refinancing of the borrower's payment obligations towards AS SAKRET HOLDINGS under the loan agreement No. FC/19-002 of 11th October, 2019.
At the shareholders' meeting of the Company on July 26, 2021 the decision was made to redeem notes of AS SAKRET HOLDINGS.
In accordance with paragraph 4.2.9. of the AS SAKRET HOLDINGS Terms of Notes Issue approved by the shareholders' meeting on August 8, 2019, hereinafter - the “Terms”, (ISIN: LV0000870038), Company on August 30, 2021 shall redeem all notes, hereinafter - “Notes”.
In accordance with the Terms, the Notes will be redeemed for an amount equal to 90% of the nominal value of the Notes, i.e. - 900 EUR (nine hundred euros) for 1 (one) Note.
The redemption amount will be paid to each Noteholder, the list of Noteholders will be fixed in accordance with paragraph 4.2.9 of the Terms, i.e. - August 27, 2021.
AS SAKRET HOLDINGS
Chairman of the Council