Amendment of the terms concerning Convertible Bonds 2021/1, 2021/2, 2021/3, 2021/4 and 2022/1 issued by Digitalist Group Plc

Digitalist Group Oyj                 Stock Exchange Release                26 April 2024 at 13:00 Amendment of the terms concerning Convertible Bonds 2021/1, 2021/2, 2021/3, 2021/4 and 2022/1 issued by Digitalist Group Plc and the option rights and other special rights pursuant to Chapter 10 section 1(2) of the Limited Liability Companies Act attached to them1. Convertible Bonds 2021/1, 2021/3 and 2022/1 directed to Turret Oy Ab Digitalist Group Plc (" Digitalist Group " or the “...

Helsinki, 26/04/2024 (informazione.it - comunicati stampa - economia)

Digitalist Group Oyj                 Stock Exchange Release                26 April 2024 at 13:00

Amendment of the terms concerning Convertible Bonds 2021/1, 2021/2, 2021/3, 2021/4 and 2022/1 issued by Digitalist Group Plc and the option rights and other special rights pursuant to Chapter 10 section 1(2) of the Limited Liability Companies Act attached to them

1. Convertible Bonds 2021/1, 2021/3 and 2022/1 directed to Turret Oy Ab

Digitalist Group Plc (" Digitalist Group " or the “ Company ") and Turret Oy Ab (" Turret ") have signed agreements to amend the terms (the “ Terms ”) of the Convertible Bonds 2021/1, 2021/3, and 2022/1 and the option rights and other special rights (the “ Special Rights ”) pursuant to Chapter 10 section 1(2) of the Limited Liability Companies Act attached to them issued to Turret.

The Annual General Meeting of Digitalist Group 25 April 2024 resolved on the amendments to the Terms of the Convertible Bonds 2021/1, 2021/3, and 2022/1 issued to Turret.

Turret is the largest shareholder of the Company.

The main points of the Terms of the Convertible Bonds 2021/1, 2021/3, and 2022/1 and the Special Rights") attached to them are as follows:

Convertible Bond 2021/1

If Turret subscribed for the maximum amount of 65,000,000 new shares on the basis of this Convertible Bond 2021/1, Turret's ownership would rise from the current approximately 48.55 per cent to approximately 52.96 per cent after a full conversion.

Convertible Bond 2021/3

If Turret subscribed for the maximum amount of 1,301,065,060 new shares on the basis of Convertible Bond 2021/3, Turret's ownership would rise from the current approximately 48.55 per cent to approximately 82.11 per cent after a full conversion.

Convertible Bond 2022/1

If Turret subscribed for the maximum amount of 193,150,000 new shares on the basis of this Convertible Bond 2022/1, Turret's ownership would rise from the current approximately 48.55 per cent to approximately 59.76 per cent after a full conversion.

2. Convertible Bonds 2021/2 and 2021/4 directed to Holdix Oy Ab

Digitalist Group and Holdix Oy Ab (" Holdix ") have signed agreements to amend the terms (the “ Terms ”) of the Convertible Bonds 2021/2 and 2021/4 and the option rights and other special rights (the “ Special Rights ”) pursuant to Chapter 10 section 1(2) of the Limited Liability Companies Act attached to them issued to Holdix.

The Annual General Meeting of Digitalist Group 25 April 2024 resolved on the amendments to the Terms of the Convertible Bonds 2021/2 and 2021/4 issued to Holdix.

Holdix is the second largest shareholder of the Company.

The main points of the Convertible Bonds 2021/2 and 2021/4 and Special Rights attached to them are as follows:

Convertible Bond 2021/2

If Holdix subscribed for the maximum amount of 35,000,000 new shares on the basis of this Convertible Bond 2021/2, Holdix's ownership would rise from the current approximately 23.85 per cent to approximately 27.51 per cent after a full conversion.

Convertible Bond 2021/4

If Holdix subscribed for the maximum amount of 606,110,360 new shares on the basis of this Convertible Bond, Holdix's ownership would rise from the current approximately 23.85 per cent to approximately 59,36 per cent after a full conversion.

DIGITALIST GROUP PLC
Board of Directors

Further information:
Digitalist Group Plc

CEO Magnus Leijonborg, tel. +46 76 315 8422, magnus.leijonborg@digitalistgroup.com

Chairman of the Board Esa Matikainen, tel. +358 40 506 0080, esa.matikainen@digitalistgroup.com

Distribution:
NASDAQ Helsinki

Key media
https://digitalist.global

Attachment