Fibo Group AS – Announcement of completion of transaction and notice of exercise of call option relating to Fibo Group's senior secured bonds 2022/2026 (ISIN NO 0011204356)

13 Oct 2025 09:41 CEST

Reference is made to the announcement on 15 July 2025 regarding the agreement
between (1) Norcros Industry (International) Limited ("Norcros") (2) Norcros plc
and (3) the existing shareholders of Fibo Holding AS for the acquisition by
Norcros of 100% of the shares in Fibo Holding AS (the "Transaction"). Reference
is also made to the announcement earlier today that all required regulatory
approvals for completion of the Transaction have been received.
Fibo Group AS is pleased to announce that the Transaction has now been completed
and has therefore notified Nordic Trustee AS that it will exercise the call
option (the "Redemption Notice") to redeem all outstanding bonds (the "Bonds")
issued under its senior secured bond issue with ISIN NO 0011204356 (the "Bond
Issue").
The Bonds were issued on 27 January 2022 with maturity date on 28 January 2026
after an extension of the maturity date as approved by the bondholders by a
written resolution on 18 December 2024.
The entire Bond Issue will be repaid at a price equal to 104 per cent of the
nominal amount for each redeemed Bond, plus accrued and unpaid interest.
The settlement date will be on the date falling ten (10) business days after the
date of the Redemption Notice, being 27 October 2025. The record date for the
call option will be 23 October 2025.
Reference is made to the Redemption Notice from Nordic Trustee AS for further
information, a copy of which is attached to this announcement.
For further information, please contact:

Paula Teixidor Bustins
CFO Fibo Group AS
PBu@fibosystem.com
+47 91 10 59 81

Attachments:
Redemption Notice

More information:
Access the news on Oslo Bors NewsWeb site

657052_Announcement Fibo Group AS - call option notice.pdf
657052_NO0011204356_Call Option Notice_dated 13102025(5266802.1).pdf