ZEGONA COMMUNICATIONS PLC

Management Reports • Jan 9, 2026

National Storage Mechanism | Additional information

RNS Number : 3531O

Zegona Communications PLC

09 January 2026

9 January 2026	LEI: 213800ASI1VZL2ED4S65

Zegona Communications plc

Successful Debt Repricing

€1.7bn Term Loan B Repricing Down to 4.35% All-in Interest Rate

Zegona is pleased to announce that its subsidiary Zegona HoldCo Limited has successfully completed the repricing of its EUR Term Loan B Facility (the "Term Loan B") due July 2029.

The repricing reduces Zegona's all-in interest rate under the Term Loan B to 4.35% with the margin reducing by 50 basis points, from 2.75% p.a. to 2.25% p.a.1 The Term Loan B will reduce to €1.665bn on receipt of the FiberPass proceeds2. Other key terms remain substantially unchanged3.

Eamonn O'Hare, Chairman and CEO of Zegona, commented: "We're pleased to report a further reduction in the cost of Zegona's debt, with today's successful repricing of the Term Loan B. Our repriced Term Loan B is the lowest priced euro telco term loan B.4 This transaction contributes to our declining interest cost trajectory with annualised total interest reducing by c.€80m since the start of our investment in Vodafone Spain (from 7.5% all-in blended interest rate to now 5.8%). Our current refinancing at 4.35% demonstrates the credit market support for Zegona."

Investor enquiries:	Media enquiries:
Alfonso Enríquez	Jaime De Andres	Tilly Abraham (Sodali & Co)
info@zegona.com	[email protected]	[email protected]

About Zegona 

Zegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the objective of investing in businesses in the European Telecommunications, Media and Technology sector and improving their performance to deliver attractive shareholder returns. Zegona is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson. In 2024, Zegona completed the acquisition of Vodafone Spain.  

1. 4.35% all-in interest rate is based on 2.25% margin plus 2.1% 6m euribor base rate

2. As announced on the 27 November 2025 RNS titled €1.8bn Return and 69% Reduction in Zegona Ordinary Shares

3. As is customary in repricing transactions, we are resetting the "soft non-call" for another six months which means we cannot reprice within six months. There are no changes impacting prepayment.

4. Compared to European term loan B's above €250m in size in market today

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IODUPURPGUPQGUB