R-Logitech reaches quorum for bondholder vote of its 2018/2024 Notes

EQS-News: R-LOGITECH S.A.M. / Key word(s): Bond
R-Logitech reaches quorum for bondholder vote of its 2018/2024 Notes

28.06.2024 / 17:45 CET/CEST
The issuer is solely responsible for the content of this announcement.

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R-Logitech reaches quorum for bondholder vote of its 2018/2024 Notes with
holders approving resolutions initiated under overall transactional
framework with an ad hoc group of holders

Monaco, 26 June 2024 - R-Logitech S.A.M. (Company) informs that according to
the notary public which acted in its capacity as chairman of the vote of the
voting without a meeting which was held from 22 June 2024, (0:00) CEST until
24 June 2024 (24:00) CEST reached the required quorum with 54.45% of the
outstanding nominal amount of holders of its 2018/2024 Notes (ISIN:
DE000A3LJCA6). The countermotions to Item 1 and Items 3- 6 of the initially
proposed resolutions which were initiated by an ad hoc group (Ad Hoc Group)
reached a quorum of 51.19% of the outstanding nominal amount. The
countermotions and resolutions proposed therewith were followed and
supported by the Company in light of an agreement in principle with the Ad
Hoc Group for an overall transactional framework.

The following resolutions were passed with the required qualified majority
of the votes cast:

  * Item 1 - Amendment of § 5 of the Bond Conditions (maturity, redemption,
    early redemption for tax reasons, at the option of the Issuer or the
    Bondholders) as proposed via the countermotion was approved by 96.78% of
    the votes cast;

  * Item 2 - Amendment of § 4 (Interest) as proposed by the Company reached
    4.47% and was thereby cancelled;

  * Item 3 - Amendment of § 8 (Events of Default) as proposed via the
    countermotion was approved by 96.78% of the votes cast;

  * Item 4 - Amendment of § 9 of the bond term and conditions (Additional
    Obligations) and an associated waiver of a termination right as proposed
    via the countermotion was approved by 96.78% of the votes cast;

  * Item 5 - Amendment of § 3 (Security)as proposed via the countermotion
    was approved by 96.94% of the votes cast; and

  * Item 6 - Issue of purchase rights to subscribe to new bonds against
    payment of an issue amount) as proposed via the countermotion was
    approved by 96.93% of the votes cast.

With the resolutions passed today on the 2018/2024 Notes important steps for
a consensual refinancing of the Company and the R-Logitech group have been
processed to implement the transactions under the transactional framework as
outlined in the voting documents. The voting for the 2022/2027 Notes (ISIN:
DE000A3K73Z7) is expected to be published shortly.

About R-LOGITECH S.A.M.:

R-LOGITECH is one of the leading international ports infrastructure
operators and logistics services providers in the natural resources sector.
The group's primary business lines are port and terminal management and
specialist logistics.

R-LOGITECH S.A.M.

investorrelations@r-logitech.com


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28.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        R-LOGITECH S.A.M.
                   7, rue du Gabian
                   98000 Monaco
                   Monaco
   Phone:          +377 97 98 67 71
   E-mail:         investorrelations@r-logitech.com
   Internet:       www.r-logitech.com
   ISIN:           DE000A3LJCA6, DE000A3K73Z7
   WKN:            A3LJCA, A3K73Z
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Hanover, Munich, Stuttgart
   EQS News ID:    1936125

End of News EQS News Service
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1936125 28.06.2024 CET/CEST