Further to the announcement published on the 24th of June on the subject, Ichor Coal N.V. is pleased to announce the redemption of outstanding convertible bonds to the value of €43.1m.
Tennor Holding B.V. is the holder of the remaining bonds totaling €34.5m.
Tennor Holding B.V. has made an irrevocable undertaking to Ichor Coal N.V. to convert its entire bondholding into ordinary shares of the company at an issue price of €0.10 per share immediately after the partial redemption.
This announcement contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Ichor Coal N.V.
26 July 2019
Chief Executive Officer