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Notice of Change of Control (De-listing) and Repurchase Offer for Bonds issued by LeoVegas AB (publ)

23 September 2022

Reference is made to the up to SEK 800,000,000 senior unsecured floating rate bonds 2020/2023 with ISIN SE0015242854 issued by LeoVegas AB (publ) (the “Issuer”) initially on 10 December 2020 in accordance with the terms and conditions for the Bonds (the “Terms and Conditions”).

All capitalised terms used herein and not otherwise defined in this Notice shall have the meaning assigned to them in the Terms and Conditions.

In accordance with the press release published by the Issuer on 8 September 2022, the shares of the Issuer ceased to be listed on Nasdaq Stockholm on 22 September 2022. Since the shares of the Issuer are not listed on Nasdaq Stockholm or any Regulated Market replacing Nasdaq Stockholm, a Change of Control Event under the Terms and Conditions has occurred and the Issuer has today sent a notice regarding the Change of Control Event to directly registered bondholders and the agent Intertrust (Sweden) AB.

The Change of Control Event provides each bondholder with a right (but not an obligation) to, within sixty (60) calendar days, request that the Issuer repurchases all, or some only, of its Bonds at a price equal to 101.00 per cent of the nominal amount together with accrued but unpaid interest.

The abovementioned notice to the bondholders and the agent and further information regarding the terms and conditions for the repurchase offer and is available at company’s website, www.leovegasgroup.com under Investor Relations.

The Issuer has appointed Swedbank AB (publ) to act as Paying Agent in connection with the Repurchase Offer.

A Bondholder who wishes to have its Bonds repurchased in the Repurchase Offer shall complete and sign a repurchase application form.

A signed repurchase application form needs to be received by the Paying Agent no later than 12:00 CET on 28 November 2022.

Settlement of the Repurchase Offer is expected to occur on 2 December 2022.

Owners of Bonds who do not accept the repurchase offer, or has not validly exercised the put option, will continue to own their Bonds.

For more information, please find the full notice below.

LeoVegas – Notice to Bondholders (De-listing Repurchase Offer)(5809022.1)

 

For further information, please contact the Issuer at:

Issuer

LeoVegas AB (publ)

Philip Doftvik, Director of Investor Relations and Corporate Finance

[email protected]

 

If you wish to have your Bonds repurchased in the Repurchase Offer, please contact the Paying Agent at:

Paying Agent

Swedbank AB (publ)

[email protected]

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