Trigon Agri A/S announces the completion of the debt to equity conversion
Trigon Agri A/S announces that it has successfully completed the conversion of its SEK 350,000,000 11% Bond Loan into equity.
Comment from the Chairman of the Board, Mr. Johannes Bertorp:
“I am very proud to announce that we have now finalised the full debt for equity swap. Without the debt burden, the company can now develop its assets and focus on the profitable farming operations. I would like to thank all involved stakeholders and advisors for a good cooperation during these tough times and welcome our new shareholders”.
Following such conversion 1,598,730,000 new shares each of nominally EUR 0.01, corresponding to an aggregate nominal amount of EUR 15,987,300, have been issued and delivered to the accounts of the bondholders of Trigon Agri A/S who have now become the shareholders of Trigon Agri A/S.
As of today, the total number of shares issued by Trigon Agri A/S is 1,728,357,479 each of nominally EUR 0.01 corresponding to an aggregate nominal amount of EUR 17,283,574.79. The share capital increase and the amended Articles of Association have been registered with the Danish Business Authority.
All new shares will be listed and admitted to trading on Nasdaq OMX Stockholm shortly after they have been delivered to the shareholders account.
Further information to the shareholders entitled to warrants
The shareholders that are entitled to warrants are reminded that the acceptance period for warrants has commenced. The forms containing detailed instruction on further actions necessary for acceptance of the warrants shall be sent to the shareholders registered in the register of shareholders (the forms will include pre-printed information to the extent possible). The blank acceptance form both in Swedish and English languages is available for download here: http://www.trigonagri.com/investor-relations/warrants/.
Mr. Simon Boughton, CEO of Trigon Agri A/S,
Tel: +372 6191 500, E-mail: email@example.com
About Trigon Agri A/S
Trigon Agri A/S is an integrated soft commodities production, storage and trading company with operations in Ukraine, Russia and Estonia. Trigon Agri A/S shares are traded on the main market of Nasdaq Stockholm.
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This information is information that Trigon Agri A/S 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, at 17:00 CET on 5 December 2016.