Gambling.com Group Plc (the “Group”) has arranged financing to enable the Group to redeem its EUR 16,000,000 Senior Secured Fixed-Rate Notes Issue 2018/2021 with ISIN SE0011721117 (the “Bonds”).
Redemption of the Bonds is expected to occur on or around 18 December 2020 and is conditional on the closing of the new financing package (the “New Financing”). The Group will issue a subsequent press release to confirm whether the financing condition has been satisfied or waived and the redemption will proceed as planned prior to 11 December 2020, or whether the notice period has been extended. At present, the Group holds EUR 4.3 million in nominal value of its own bonds in treasury which will be cancelled prior to 11 December 2020, leaving EUR 11.7 million held by third party investors. The Group will pay an early redemption premium of 3.15% of the nominal value of the Bonds (as well as accrued but unpaid interest on the bonds up to and including the redemption date) in accordance with the terms and conditions of the Bonds.
This information is information that Gambling.com Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 18:00 CET on 24 November 2020.
For further information, please contact:
Elias Mark, Chief Financial Officer
Phone: +376 355 987
About Gambling.com Group Plc
Gambling.com Group Plc is a multi-award-winning provider of digital marketing services for the global online gambling industry. Founded in 2006, the Group has a workforce of more than 100 and operates from offices in Dublin, Charlotte, Tampa and Malta. The Group publishes information portals that offer comparisons and reviews of regulated online gambling websites around the world. Players use these resources to select which online gambling operators they should trust to offer a safe and honest online gambling experience. The Group’s publishing assets include the leading gambling industry portal, Gambling.com® as well as Bookies.com, and the CasinoSource℠ series of portals, among many others.