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The approved waiver and proposed amendment and restatement of the senior secured notes of Mobylife Holding A/S became effective as of 17 August 2015

16 August 2015

CorpNordic Sweden AB (the ‘Agent’), acting in its capacity as Agent for the noteholders under the terms and conditions of the Notes, closed on 17 July 2015 a written procedure in which the noteholders could approve or reject a waiver request and a proposal to amend and restate the terms and conditions of the Notes made by the Issuer.

The request was approved by 100% of the noteholders that participated in the written procedure. This is to inform that the conditions for the effectiveness set out in the notice of the written procedure have been fulfilled (e.g. an equity injection into the Issuer has been made by its current owners in an amount of DKK 50,000,000) as of 13 August 2015, which means that the waiver has become effective and that the amended and restated terms and conditions of the Notes has come into effect as of 17 August 2015.

Since the amended and restated terms and conditions of the Notes has come into effect the Issuer must initiate a repurchase offer, in accordance with clause 9.6 of the amended and restated terms and conditions of the Notes, no later than 14 September 2015 by instructing the appointed securities dealer to notify the noteholders of the repurchase offer within 5 business days from their appointment.

The formal notice of the effectiveness of the waiver and the amended and restated terms and conditions of the Notes will be sent by email and ordinary mail to direct registered noteholders and registered authorised nominees in accordance with the terms and conditions of the Notes.

In August 2015, the Issuer has pursuant to two additional waiver requests requested that the Agent (acting on behalf of the noteholders) consents to the transfer of certain pledge shares in the Issuer provided that such shares remain pledged under the existing pledge agreement. The Agent acting on behalf of the Noteholders has agreed to this request subject to certain conditions confirming that such shares remain pledged under the existing pledge agreement which have been fulfilled. The above mentioned waiver requests can be downloaded below.

For further information:

The agent: CorpNordic Sweden AB

Sara Olsson
Email: [email protected]
Tel: +46 8 402 72 39 CorpNordic Sweden AB

Anna Litewka
Email: [email protected]
Tel: +46 8 402 72 11

The issuer:
Mobylife Holding A/S
Martin Pedersen, CEO
Email: [email protected]
Tel: +45 2621 2121 or Martin Nyberg, CFO
Email: [email protected]
Tel: +45 2929 8200

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