OTHER RELEVANT INFORMATION ASTURIANA DE LAMINADOS, S.A.
July 31, 2024
Pursuant to the provisions of Article 17 of Regulation (EU) No. 596/2014 on market abuse and Article 227 of the Law 6/2023, of 17 March, on the Securities Market and Investment Services, and concordant provisions, as well as in BME GROWTH Circular 3/2020, we hereby inform you of the following information regarding the company ASTURIANA DE LAMINADOS, S.A. (hereinafter "ELZ" or "the Company" indistinctly):
In accordance with the OIR of 27 May 2024, ELZ is working - among other strategic and operational reorientation initiatives - on a financial restructuring process, in order to stabilise and strengthen the company's structure to meet the challenges of the future.
Within the framework of this restructuring plan, the company also informed, through the OIR dated June 27, 2024, of the approval - by the general assembly of the bondholders' syndicate (issuance with ISIN code ES0205227004) - of the waiver authorization in favour of the issuer, to modify the Final Conditions of the Issuance of bonds under the "Asturiana de Laminados, S.A. Fixed Income Program 2021" as to the Payment Date of ordinary interest, coupon maturing June 30, 2024, postponing it to the final amortization date of the Bonds, i.e., August 2, 2027.
Continuing with the process, ELZ has submitted a request for the appointment of an independent expert for the restructuring and, on 30 July 2024, the Commercial Court No. 2 of Oviedo has agreed to have Mr. Alejandro Alvargonzález Tremols appointed as Expert in the Restructuring of the company, being processed under no. 427/2024.
The company will continue to report, as relevant developments occur, on the progress of the restructuring plan.
In compliance with the provisions of BME Growth Circular 3/2020, it is expressly stated that the information communicated has been prepared under the sole responsibility of the issuer and the Chairman of the Board of Directors.
In Lena, July 31, 2024
Mr. Macario Fernández Fernández
Chairman of the Board of Directors