TTS Group ASA: Buyback and cancellation of bonds
Reference is made to the stock exchange release 22 March 2017, which stated that TTS Group ASA (the Company) has received redemption claims for in total MNOK 2,000,000 out of the total MNOK 95,345,000 outstanding bond issue "10.00 per cent TTS Group ASA Convertible Callable Unsecured Subordinated Bond Issue 2011/2019" with ISIN NO 0010593890".
Based on the authority given by the Annual General Meeting to the Board of directors, the company has bought back bonds of MNOK 2,000,000, and these bonds have been cancelled. Total outstanding bond issue after the cancellation is MNOK 93,345,000.
Bergen, 28 March 2017
TTS Group ASA
Tel.: +47 55 94 74 00
http://www.ttsgroup.com
Contact persons:
Toril Eidesvik, CEO
M: +47 900 78 218
Henrik Solberg-Johansen, CFO
M: +47 982 06 438
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TTS Group ASA via Globenewswire
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti