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Global Interconnection Group Capital/Financing Update 2025

Apr 28, 2025

6319_rns_2025-04-25_c11e354f-cf69-4eff-9d3d-4876700e6731.pdf

Capital/Financing Update

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GIG
GLOBAL INTERCONNECTION GROUP

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF APPLICABLE SECURITIES LAWS

THIS PRESS RELEASE CONTAINS INFORMATION THAT QUALIFIES OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EU MARKET ABUSE REGULATION.

GLOBAL INTERCONNECTION GROUP LIMITED
("GLOBAL INTERCONNECTION GROUP", "GIG" or the "Company")

GIG
GLOBAL INTERCONNECTION GROUP

in respect of

GLOBAL INTERCONNECTION GROUP Ordinary Shares
ISIN Code GG00BMB5XZ39
Listed on Euronext Amsterdam: XAMS: CABLE
and
ASC Energy plc 2056 Index-Linked Convertible
GreenBonds (ISIN: NL0015001FM1)
Advanced Cables plc 2028 Index-Linked Convertible
GreenBonds (ISIN: NL0015001FN9)
listed on The International Stock Exchange.

25th April 2025

Global InterConnection Group Announces the Approval of Convertible Loan Note Amendments Following Agreement of the Atlantic SuperConnection Spin-Out and Supporting Right of First Refusal Process

The Company, the Euronext-listed ultimate parent of ASC Energy PLC and Advanced Cables PLC, announces that noteholders have approved the proposed amendments to the TISE-listed Convertible Loan Notes (link here) issued by both subsidiaries at the Extraordinary General Meeting held on 23 April 2025.

These changes form part of the Atlantic SuperConnection Spin-Out, announced on 22 April 2025 - link here.

Pursuant to the terms of the Atlantic SuperConnection Spin-Out, existing investors will shortly be contacted regarding their right of first refusal (RoFR) to participate in the issuance of new ASC Energy PLC Convertible Loan Notes, maturing in 2056.

This offer provides eligible noteholders with an opportunity to reinvest on preferential terms as Atlantic SuperConnection transitions into a dedicated standalone platform.

Detailed instructions regarding eligibility, the offer timeline, and the subscription process will be sent directly to eligible investors.

PRESS AND INVESTOR INFORMATION

For more information, please contact:

Company enquiries to:
[email protected] or
[email protected] Registered office
First Floor, 10 Lefebvre Street St Peter Port
Guernsey GY1 2PE


Media inquiries to:
James Culverhouse EQ
[email protected]
+44 20 7223 1100 / +44 7912 508 322