29.07.2019 10:14:12

DGAP-News: ICHOR Coal N.V.: Redemption of convertible bonds

DGAP-News: Ichor Coal N.V. / Key word(s): Bond/Miscellaneous
ICHOR Coal N.V.: Redemption of convertible bonds

29.07.2019 / 10:14
The issuer is solely responsible for the content of this announcement.


Redemption of convertible bonds

Further to the announcement published on the 24th of June 2019 on the subject, Ichor Coal N.V. is pleased to announce the redemption of outstanding convertible bonds to the value of EUR43.1m.

Tennor Holding B.V. is the holder of the remaining bonds totaling EUR34.5m.

Tennor Holding B.V. has made an irrevocable undertaking to Ichor Coal N.V. to convert its entire bondholding into ordinary shares of the company at an issue price of EUR0.10 per share immediately after the partial redemption.

This announcement contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Ichor Coal N.V.
 

Notifying Person:
Nonkululeko Nyembezi
Chief Executive Officer



29.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: ICHOR Coal N.V.
30 Jellicoe Avenue
Rosebank
South Africa
Phone: +27 (11) 268 1100
E-mail: johan.myburgh@ichorcoal.com
Internet: www.ichorcoal.de
ISIN: NL0010022307
WKN: A1JQEX
Listed: Regulated Unofficial Market in Frankfurt (Basic Board), Hamburg, Stuttgart
EQS News ID: 847937

 
End of News DGAP News Service

847937  29.07.2019 

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