Veganz Bondholders Approve Extension with Improved Terms

On December 17, 2024, Veganz Group AG bondholders approved amendments to the bond terms under improved conditions. The meeting met the required quorum, and proposals by SdK Schutzgemeinschaft der Kapitalanleger e.V. were accepted. This development is crucial for refinancing Veganz and facilitates further short-term equity measures.

The EUR 10,000,000 bonds' term is extended, delaying the repayment date by five years to February 24, 2030. The resolutions also include suspending the 2025 interest payment and introducing partial repayments of 5% of the annual outstanding amount from 2026 onwards. Interest based on market capitalisation will be paid at the term's end.