Over 50% of ESPG Bondholders Participate in Voting Process

The European Science Park Group (ESPG), a key player in real estate for science parks, has achieved significant participation from its bondholders for a crucial voting process. More than half of the bondholders have registered for the written voting procedure, indicating strong engagement and setting ESPG on the path to reaching the required quorum. The management expresses gratitude towards bondholders for their active participation and emphasizes the importance of each vote.

The voting window is currently open and is set to conclude on 20 March 2024. ESPG urges bondholders who haven't appointed a proxy or representative to cast their votes through the specified communication channels promptly. The aim is to gather support for proposals including waiving the 2023 LTV covenant test, delegating 2024 decision-making, and approving a potential bond tap. The outcome of the voting process will be disclosed by 21 March 2024, after which the results will be published for public viewing.

ESPG highlights that all necessary documents for the voting process are accessible on their website, facilitating an informed and efficient participation for all bondholders. The company awaits the majority support for its proposals, optimistic about the future and the implementation of its strategic plans.