Related Party Transactions | 23 April 2025 20:57
H2APEX Group SCA: Release according to Article 111c of the AktG [the German Stock Corporation Act] with the objective of Europe-wide distribution
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H2APEX Group SCA
/ Release of an announcement according to Article 111c of the AktG [the German Stock Corporation Act]
H2APEX Group SCA Related Party Transaction from 23 April 2025
H2APEX Group SCA, Luxembourg, Grand Duchy Luxembourg Grevenmacher, 23 April 2025 / 8:53 p.m. CEST – H2APEX Group SCA (“H2APEX”) as borrower today entered into a EUR 20,000,000 loan agreement with its shareholder Active Ownership Fund SICAV SIF SCS. The loan is unsecured and bears interest of 7% and has a term until 15 May 2026. The loan agreement includes the right of the lender to convert the loan amount (plus interest accrued) into shares of H2APEX at a conversion price of EUR 2.20 per share. Further, H2APEX agreed to pay Active Ownership Fund SICAV SIF SCS an arrangement fee equal to 3.00% of the loan amount. Furthermore, Endurance Fund Ltd., an investor in the Atlan Group which holds about 36.50% of H2APEX’s share capital, granted H2APEX a comfort letter for an additional EUR 15,000,000. Further, H2APEX agreed to pay Endurance Fund Ltd. an arrangement fee equal to 1.00% of the liability amount under the comfort letter.
For further information:
Email: investor.relations@h2apex.com
ISIN: LU0472835155
Stock exchange: Regulated market of the Frankfurt Stock Exchange (Prime Standard)
23.04.2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | H2APEX Group SCA |
| 19, rue de Flaxweiler | |
| 6776 Grevenmacher | |
| Luxemburg | |
| Internet: | www.h2apex.com |
| End of News | EQS News Service |
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2122804 23.04.2025 CET/CEST