BidCo RelyOn Nutec - Key information relating to full redemption of bond loan

29 Jul 2024 10:56 CEST

We refer to the announcement published on 24 May 2024 regarding the transaction,
whereby
Polaris sells RelyOn Nutec to Mubadala Capital.

BidCo RelyOn Nutec A/S has today officially notified Nordic Trustee AS of the
exercise of its voluntary
early redemption call option for the remaining outstanding bonds in the bond
issue
of Senior Secured Sustainability-Linked Bonds 2023/2026 (with ISIN NO0012904079)
with
original maturity date 12 May 2026, and each Bondholder is hereby given notice
thereof. The
entire bond issue will be repaid at a price equal to 107.07638 per cent. of the
Nominal
Amount for each redeemed Bond plus accrued and unpaid interest on each redeemed
Bond, with settlement date on 12 August 2024 (being the date falling 10 Business
Days after the
date of the Call Option Notice).

For information relating to the exercise of the Call Option etc. reference is
made to the attached
notice from Nordic Trustee AS.

This information is published in accordance with the requirements of the
Continuing
Obligations.

More information:
Access the news on Oslo Bors NewsWeb site

624205_Seperate Announcement (Full Bond Redemption) (Oslo Bors) 240729.pdf