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MedservRegis Plc Capital/Financing Update 2022

Jul 26, 2022

2071_rns_2022-07-26_8e51f17e-5e73-4062-b832-93d39a4946f2.pdf

Capital/Financing Update

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COMPANY ANNOUNCEMENT

MEDSERVREGIS P.L.C. (THE "COMPANY")

NEW BOND ISSUE & EARLY REDEMPTION

Date of Announcement	26 July 2022
Reference	264/2022
Listing Rule	LR 5.16, 5.16.12

Quote

The Company is hereby announcing to the market its intention to submit an application for admissibility to listing with the Malta Financial Services Authority, for a new secured bond issue in the amount of thirteen million euros (€13,000,000) ('New Bond') during the last quarter of 2022.

The Company is also announcing its intention to effect a pro-rata early redemption payment of seven million euros (€7,000,000) ('Early Redemption Payment') to the holders of the twenty million euro (€20,000,000) Secured and Guaranteed Notes bearing ISIN MT0000311218 on or around the 30 September 2022. An early redemption notice to this effect will be issued in due course.

Following the Early Redemption Payment, the Company intends to redeem the remaining outstanding amount of thirteen million euro (€13,000,000) of the said Secured and Guaranteed Notes from the proceeds of the New Bond.

The Early Redemption Payment and the New Bond will form part of the Company's re-financing exercise in response to the Company's improved financial position and performance.

Unquote