Humble Group

Humble Group gives notice of conditional early redemption of its existing outstanding senior secured bonds 2021/2024 with ISIN SE0015243472 with an outstanding amount of MSEK 300 (“Bonds 2021/2024”) and the existing outstanding senior secured bonds 2021/2025 with ISIN SE0016273742 with an outstanding amount of MSEK 1,500 (“Bonds 2021/2025” and together with Bonds 2021/2024, the “Bonds”).

The early redemption date is set to 22 August 2023. The early redemption is conditional upon fulfilment of customary conditions precedent for utilisation under the SEK 1,650 million term loan and revolving facilities agreement entered into with Nordea, SEB and SEK (in accordance with the press release published on 20 June 2023) prior to 15 August 2023.

Pursuant to the terms and conditions for the Bonds, Bonds 2021/2024 will be redeemed at the redemption price of 100.95 per cent. of the total outstanding nominal amount (i.e., SEK 1,261,875 per bond) together with any accrued and unpaid interest and Bonds 2021/2025 will be redeemed at the redemption price of 104.125 per cent. of the total outstanding nominal amount (i.e., SEK 1,301,562.50 per bond) together with any accrued and unpaid interest (the “Redemption Amounts”).

The Redemption Amounts will be paid to each person who is registered as owner of the Bonds in the debt registers maintained by Euroclear Sweden at the end of business on 15 August 2023. In connection with the redemption, the Bonds will be delisted from Nasdaq First North.

A notice of early redemption is sent to directly registered owners of the Bonds in the debt registers as of 26 July 2023.

Gernandt & Danielsson Advokatbyrå KB acts as legal adviser to Humble Group in connection with the conditional early redemption.

For further information, please contact:
Simon Petrén, CEO, Humble Group AB
E-mail: simon.petren@humblegroup.se
Phone: +46 8 61 32 888

The information in this press release has been published by the above contact person, at the time specified by Humble’s news distributor Cision at the time of publication of this press release.

ABOUT HUMBLE

Humble Group is a Swedish food-tech and FMCG-group, supplying the next generation of products that are good for people and the planet. Humble targets the segments of food-tech, eco, sustainability and vegan to drive high organic growth, acquisitions and utilize synergies in the different operation entities: Brands, Distribution, Manufacturing and Ingredients and R&D. Humble’s technology solutions, refined through scientific research and extensive market experience, facilitate new formulations and recipes that improve the taste and texture of the next generation of sugar-reduced, sustainable and vegan products. For more information visit www.humblegroup.se

Humble is listed on Nasdaq Stockholm, First North Growth Market, under the ticker HUMBLE. FNCA Sweden AB is Humble’s certified adviser. Tel: +46 8 528 00 399, e-mail: info@fnca.se