Gambling.com Group Plc Update on Total Redemption of Outstanding Notes, Extended Redemption Notice Period
Gambling.com Group Plc gives notice that financing condition for voluntary total redemption of outstanding notes has not yet been satisfied; redemption notice period extended to 29 Dec 2020.
Gambling.com Group Plc (the “Group”) confirms that the financing condition contained in the notice of conditional redemption given on 24 November 2020 to all holders of its EUR 16,000,000 Senior Secured Fixed-Rate Notes Issue 2018/2021 with ISIN SE0011721117 (the “Notes”) has not yet been satisfied and that the notice period has been extended to 29 December 2020 (the “New Redemption Date”).
In the notice of conditional redemption dated 24 November 2020 from the Group to the holders of the Notes (the “Notice of Conditional Redemption”), the Group notified the holders of the Notes that it would announce the satisfaction, or waiver of the Condition (as defined therein) or the extension of the notice period on or prior to 11 December 2020 (the “Record Date”), for the purpose of inter alia refinancing the Notes.
The Group hereby notifies the holders of the Notes that the Condition (as defined in the Notice of Conditional Redemption) has not yet been satisfied and the Group has therefore decided to extend the redemption notice period until the New Redemption Date which will, subject to satisfaction of the Condition (as defined in the Notice of Conditional Redemption), take place on 29 December 2020. Consequently the new record date will be 18 December 2020 (the “New Record Date”).
16 December 2020 will be the last day for trading of the Notes in order for the trade to be registered in the debt register on the New Record Date.
The Group will confirm by way of press release the satisfaction or waiver of the Condition (as defined in the Notice of Conditional Redemption) on or before 16 December 2020.
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 11 December 2020.
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.