NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR, THE UNITED STATES AND THE UNITED KINGDOM) MAY BE RESTRICTED BY LAW
On 7 September 2023, Stillfront Group AB (publ) (”Stillfront”) announced the results of the tender offer (the “Tender Offer”) to the holders of Stillfront’s existing senior unsecured floating rate bonds with ISIN SE0012728830 maturing on 26 June 2024 (the “Bonds”) and that it exercised its right to make a voluntary early redemption of the outstanding Bonds (the “Early Redemption”).
The Tender Offer and the Early Redemption were conditional upon Stillfront receiving the proceeds from the issue of its new bonds as announced by Stillfront through a press release on 7 September 2023 (the “New Bond Issue”). Today, Stillfront announces that it has received the proceeds from the New Bond Issue and the condition for the Tender Offer and the Early Redemption, respectively, has therefore been fulfilled. The settlement for the Tender Offer has consequently occurred today on 14 September 2023 and the settlement for the Early Redemption will hence occur on 3 October 2023 (the “Redemption Settlement Date”). The redemption price together with accrued and unpaid interest from, but excluding, the previous interest payment date until, and including, the Redemption Settlement Date, will be paid to each person who is registered as owner of Bonds as of the record date, being 26 September 2023, in the debt register maintained by Euroclear Sweden.
For further information regarding the Tender Offer and the Early Redemption, please refer to Stillfront’s press releases published 4 September 2023 and 7 September 2023.
For additional information, please contact:
Andreas Uddman, CFO, Stillfront Group
Phone: +46 70 080 78 46
Stillfront is a global games company founded in 2010. We develop digital games for a diverse gaming audience and our broad games portfolio is enjoyed by almost 60 million people every month. Stillfront is focused on realizing synergies by connecting and empowering game teams globally through our Stillops platform. We are a fast-growing company and an active global strategic acquirer. Our 1,500 professionals thrive in an organization that embodies the spirit of entrepreneurship. Stillfront shares (SF) are listed on Nasdaq Stockholm Large Cap. For further information, please visit: stillfront.com