North Investment Group AB (publ) postpones the record date for its bondholders’ participation in the issue of approximately SEK 88 million new preference shares in its resolved debt-to-equity swap

5 August 2025 – On 28 July 2025, North Investment Group AB (publ) (the “Company”) announced the successful completion of the written procedure initiated on 1 July 2025 (the “Written Procedure”) in relation to, inter alia, certain amendments to the terms and conditions of its SEK 285,000,000 senior secured floating rate bonds with ISIN SE0015938493 (the “Bonds”) as set out in the amended terms and conditions appended to the notice of Written Procedure (“Amended and Restated Terms and Conditions”).

Pursuant to the Amended and Restated Terms and Conditions, and to effectuate the resolved debt-to-equity swap, new preference shares shall be subscribed for by entitled bondholders, being bondholders registered in the debt ledger kept by Euroclear Sweden on the date (“Allotment Record Date”) upon which the general shareholders’ meeting in the Issuer resolves upon the issue of new preference shares (“Entitled Bondholder”). The Company has concluded that it would be to the benefit of the bondholders to postpone the Allotment Record Date. The purpose of such postponement is to provide for an orderly and structured timeline to be communicated in advance for the transaction. The updated Amended and Restated Term and Conditions will be published on the Company’s website.

The Allotment Record Date, including a timetable for the debt-to-equity swap, will be determined by the board of directors and announced in due time before the Allotment Record Date, together with information on how Entitled Bondholders shall proceed to receive their new preference shares.

The postponement of the Allotment Record Date will be implemented by amending the Amended and Restated Terms and Conditions, which is supported by the authorisation to the Bonds agent set out in section 2.6 (b) of the notice of Written procedure.

For further questions, please contact:

Tore Knut Skedsmo (CEO)
Mob: +47 952 25 306
E-mail: [email protected].