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Digitalist Group Oyj — Capital/Financing Update 2018
Sep 26, 2018
3308_rns_2018-09-26_b34068b8-95a7-48e1-9987-b1082a178eb2.pdf
Capital/Financing Update
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Digitalist
Digitalist Group Plc
Stock Exchange Release
26 September 2018 at 20:00
Digitalist Group Plc structures its financing
Digitalist Group Plc's ("Digitalist Group" or "Company") has agreed on amount of EUR 1.0 million increase of a credit limit up to an aggregate amount of 4 million euros with Nordea Bank AB (publ), Finnish Branch.
The credit limit is secured by a directly enforceable guarantee granted by Turret Oy Ab and Holdix Oy Ab to Nordea Bank AB (publ), Finnish Branch, amongst other things, as collateral for the liabilities of Digitalist Group and its subsidiaries. Digitalist Group, together with Digitalist Finland Ltd, has given countersecurity to Turret Oy Ab and Holdix Oy Ab in which, inter alia, the Company has undertaken to pay guarantee commission. The rate of the guarantee commission has been defined on market terms. Turret Oy Ab and Holdix Oy Ab are the owners of Tremoko Oy Ab, which is the main owner of Digitalist Group.
DIGITALIST GROUP PLC
Board of Directors
For more information, please contact:
Digitalist Group Plc
CEO Ville Tolvanen, tel. +358 50 3100 642, [email protected]
CFO Hans Parvikoski, tel. +358 40 586 6154, [email protected]