ANNOUNCEMENT
Regarding the Bondholders' Meeting of the €100,000,000 Common Bond Loan (the "CBL") of
IDEAL HOLDINGS S.A. (the "Company")
The Company announces that the Bondholders' Meeting held today, February 28, 2025, for the bondholders of the common bond loan issued pursuant to the Bond Loan Issuance Program dated December 15, 2023, and the Bondholders' Representative Appointment Agreement (the "CBL Program"), the required quorum for decision-making on the items of the agenda was not met. Specifically, bondholders representing 30.88% of the total outstanding principal of the CBL, after deducting the amount held by Non-Voting Bondholders, were present at the Meeting.
Pursuant to the provisions of the CBL Program and the Bondholders' Meeting Invitation dated February 14, 2025, the Bondholders' Meeting will be reconvened on Tuesday, March 4, 2025, at 10:00 AM, at the Company's offices, located at 25 Kreontos Street, 10442, Athens, to discuss and decide on the agenda items without the need for a new invitation.
It is reminded that the right to participate and vote in the Reiterative Bondholders' Meeting of March 4, 2025, is granted to those registered as bondholders in the records of the Dematerialized Securities System (DSS) managed by Hellenic Central Securities Depository S.A. (HCSD) or those identified as such through registered intermediaries or other intermediaries, in accordance with the relevant legal provisions, at the start of the fifth day before the date of the initial Bondholders' Meeting, i.e., on February 23, 2025 (Record Date), excluding Non-Voting Bondholders.
Athens, February 28, 2025