Legres further extends standstill agreement with major bondholders

Legres announces that it has further amended its standstill agreement with the group of bondholders representing approximately 56.50 per cent. of the outstanding nominal amount of its senior bonds to extend the standstill period until 10 September 2025.

Legres AB (publ) (the “Company”) has previously announced by way of press release on 27 June 2025 that it has entered into a standstill agreement (the “Standstill Agreement”) with a group of major bondholders (the “Bondholder Committee”) representing approximately 56.50 per cent. of the total nominal amount of its SEK 325 million senior secured bonds with ISIN SE0020388700 (the “Bonds”). The Company further announced on 11 July that it had amended the Standstill Agreement until 29 August 2025. Capitalised terms used herein shall have the meanings ascribed to them in the terms and conditions of the Bonds.

The Company has today entered into a second amendment agreement to the Standstill Agreement (the “Second Amendment Agreement”) for the purpose of extending the standstill period. Pursuant to the Second Amendment Agreement, the Company and the Bondholder Committee have agreed that from today’s date to and including 10 September 2025, the Bondholder Committee will not (and will not instruct the Agent to) accelerate any claims under the Bonds or take any enforcement actions under the Bonds. The purpose of the standstill agreement is to provide additional time for finalising the notice of written procedure and the proposed amended terms and conditions of the Bonds, in accordance with the agreement in principle between the Company and the Bondholder Committee, as announced by way of press release on 27 August 2025.

For more information, please contact:

Klaus Reimer, CEO
+45 40 99 55 25
[email protected]

This information is information that Legres AB (publ) 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 above, on 29 August 2025, 11.30 CEST.