CLOSE

RURIC AB: Result from Bondholders voting August 03, 2012

7 August 2012

Bondholders vote “No” to Ruric Boards’ proposal on bond conversion
Ruric AB has initiated a voting procedure on the 16th of July, 2012 where the board proposed full conversion of bonds to equity in the company. The proposal would have given Bondholders 60% of equity (see press release dated 16th of July 2012 at www.ruric.com for further details).
The voting procedure requested by Ruric AB has been completed. The Bondholder’s agent CorpNordic Sweden AB compiled the result. It was noted that 319 432 082 votes were cast. This corresponds to 56.7% of the nominal amount of the Bond. It was established that a quorum was at hand.
It was also noted that 99.97% of votes participating in the procedure have voted “No”. Hence the Bondholders do not approve the proposal by the company.
For more information please contact Anna Litewka or Martin Gorne.
Related bond:
Ruric

Our services

Corporate Client Services

Operating internationally can be challenging. You need a partner who understands local rules, culture and customs and how they affect legal and regulatory requirements. That’s where we come in.

Can't find what you're looking for?

View all corporate client services

Private Capital & Hedge Funds Services

We differentiate our global leading fund services through our geographical spread, domain strength, technology offering and depth of services.

Can't find what you're looking for?

View all private capital & hedge fund services

Capital Markets

As capital markets evolve across the globe, you need a bespoke approach from a service provider with a genuine understanding of how markets are changing.

Can't find what you're looking for?

View all capital markets services

Private Wealth

By understanding the importance of long-term relationships built around trust, we aim to truly understand your values. We’re your partner to help you protect, preserve and plan for the future.

Can't find what you're looking for?

View all private wealth services