9 August 2023
To the holders of the Secured Floating Rate Bonds 2022/2024 with ISIN: EUR BONDS: SE0017232010, and SEK BONDS: SE0017232002 (the “Bonds“) issued by Oskar Real Copenhagen ApS (formerly, Real Danmark Copenhagen ApS) (Danish company reg. no. 42848301) (the “Issuer“) on 2 March 2022.
Capitalized terms not otherwise defined in this notice shall have the meaning given to them in the terms and conditions relating to the Bonds (the “Terms and Conditions“).
On 20 July 2023, the Agent initiated a written procedure upon the request of the Issuer (the “First Written Procedure“). The First Written Procedure, which ended 12.00 (CET) on 8 August 2023, did not meet the quorum requirement set out in Clause 16(g) of the Terms and Conditions.
On behalf of and as requested by the Issuer, the Agent, acting in its capacity as Agent for the Bondholders under the Terms and Conditions, hereby initiates a second written procedure (the “Written Procedure“), whereby the Bondholders can approve or reject a proposal from the Issuer regarding certain amendments to the Terms and Conditions.
Pursuant to Clause 16(h) of the Terms and Conditions, the quorum requirement set out in Clause 16(g) of the Terms and Conditions does not apply to this second Written Procedure which means that the votes received in this second Written Procedure will be decisive regardless of the number of votes that will be received.
On behalf of and as requested by the Issuer, the Agent, acting in its capacity as Agent for the Bondholders under the Terms and Conditions, hereby initiates a written procedure (the “Written Procedure“), whereby the Bondholders can approve or reject a proposal from the Issuer regarding certain amendments to the Terms and Conditions (the “Proposal“).
For further details of the Proposal and the background and rationale relating thereto, please see the full notice which can be found below.
Oskar Real Copenhagen – Notice of second written procedure 20230809
Please also see the investor presentation relating to this Written Procedure on https://www.intertrustgroup.com/our-services/capital-markets-services/bond-news/oskar-real-copenhagen-aps-formerly-real-danmark-copenhagen-aps-investor-presentation/, including the risk factors set out therein (the “Investor Presentation“).
Important Dates
Record Date (for voting): 9 August 2023
Last time and day to vote: 12.00 CET on 29 August 2023
For further questions please see below.
For questions to the Issuer regarding the proposal, please contact the Issuer:
Oskar Real Copenhagen ApS, Bo Sattrup, CFO, bs@oskargroup.dk, +45 23 21 37 88
For questions to the Agent regarding the administration of the written procedure, please contact the Agent
Intertrust (Sweden) AB, Linus Löfgren, trustee@intertrustgroup.com, +46 8 402 72 00