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On 17 June 2021, Sampo announced tender offers and proposals of its outstanding notes due 2023 and 2025. Sampo has decided to accept for purchase all notes validly tendered pursuant to the offers. Accordingly, at settlement of the offers on the settlement date, EUR 90,366,000 in aggregate nominal amount of the 2023 notes and EUR 92,085,000 in aggregate nominal amount of the 2025 notes will be purchased pursuant to the relevant Offer.
On 9 July 2021, Sampo announced that the meetings convened for the Noteholders to consider the proposals on 9 July 2021 were adjourned through lack of quorum, and that adjourned meetings would be convened to consider and, if thought fit, approve the proposals.
The adjourned meetings were held earlier today, 26 July 2021. The quorum required for the relevant Extraordinary Resolution to be considered at the relevant adjourned meeting was not present and, accordingly, each adjourned meeting was dissolved. Consequently, the proposals will not be implemented by Sampo.
Sampo has today published a stock exchange release on the results of the cash tender offers and proposals on the website of the London Stock Exchange plc.
No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement in certain jurisdictions may be restricted by law.
For further information, please contact:
Head of Investor Relations
tel. +358 10 516 0030
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