Legres informs on upcoming interest payment on outstanding senior secured bonds

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 Standstill Agreement is intended to, inter alia, provide a stable platform for continued negotiations and discussions with the Bondholder Committee regarding a longer standstill period.

In accordance with the terms and conditions of the Bonds (the “Terms and Conditions”), the Company shall make quarterly interest payments to the bondholders, with the next interest payment date occurring on 9 July 2025 (the “Interest Payment”).The Company hereby announces that it has decided to postpone the decision to make the Interest Payment whilst it completes its liquidity review and continues to negotiate with the Bondholder Committee, and as such the Interest Payment will not be made on 9 July 2025. Not making the Interest Payment on the scheduled date will constitute an event of default under the Terms and Conditions, but is not in breach of the Standstill Agreement.  

The Company and the Bondholder Committee are continuously seeking to conclude on terms that will support the Company’s ongoing strategic review process, which includes evaluating potential asset disposals and possible changes to the Company’s ownership structure.

For more information, please contact:

Klaus Reimer, CEO
+45 40 99 55 25
klaus.reimer@sergel.com

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 2 July 2025, 10.00 CEST.