Business
Atari S A : Offers Early Redemption of Its Convertible Bonds
Atari S A : Offers Early Redemption of Its Convertible
About this update from Atari Sa
Atari Offers Early Redemption of Its Convertible Bonds Paris, France - June 1st, 2026 - 8.00 am CET - Atari® (Euronext Growth Paris: ALATA, "Atari" or the "Company") - one of the world's most iconic consumer brands and interactive entertainment producers - announces that its Board of Directors has resolved to offer the early redemption of the bonds convertible into new shares of the Company due July 31, 2026 (ISIN: FR001400HYI7) (the "Convertible Bonds") (as announced on April 3, 2026). In the absence of approval of the re-domiciliation of the Company to Luxembourg (the "Conversion") by the general meeting of holders of the Convertible Bonds, which did not reach the required quorum on first convening on May 15, 2026 nor on second convening on May 27, 2026, bondholders may, in accordance with the terms and conditions of the Convertible Bonds and applicable law, request the early redemption of their Convertible Bonds by the Company, as set out below. Irrespective of the early redemption, it is reminded that the maturity date of the Convertible Bonds is July 31, 2026. Redemption of the Convertible Bonds Offer Period: Redemption requests for the Convertible Bonds must be submitted individually, at the option of each bondholder, as from June 1st, 2026 until the maturity date of the Convertible Bonds, i.e. July 31, 2026; Redemption Price: The Convertible Bonds shall be redeemed in cash at an amount equal to par value, plus interest accrued from the last interest payment date (inclusive) up to the effective redemption date (exclusive); Redemption Settlement Period: The Company shall have a period of thirty (30) days as from receipt of each relevant bondholder's redemption request to proceed with the effective redemption of the Convertible Bonds of said bondholder; Centralization: Individual redemption requests shall be sent by each relevant bondholder to their financial intermediary, which shall transfer such requests to Uptevia - 90-110 Esplanade du Général de Gaulle, 92931 Paris La Défense Cedex, appointed as agent for the centralization of the redemption operations. It is noted that Irata LLC, which holds approximately 98% of the Convertible Bonds, has already agreed not to request the redemption of its Convertible Bonds (as announced on February 17, 2026). Indicative Timetable June 1, 2026 Opening of the Offer Period and publication of the related market not...