AINMT AS calls for general meeting

Oslo, 23 October 2015 - On 30 September 2015 AINMT Holdings AB announced that it had secured USD 120 million in subordinated PIK loan funding to finance ambitious growth plans in Scandinavia and internationally. The new subordinated PIK loan with par value USD 80 million maturing in 2030 was disbursed to AINMT Holdings AB early October and USD 50 million was subsequently injected as new equity capital in AINMT Scandinavia AS.

The additional USD 40 million of subordinated capital committed is currently expected to be provided as a subordinated perpetual callable convertible loan from AINMT AS to AINMT Holdings AB, to be funded by a corresponding convertible loan from RASMUSSENGRUPPEN AS to AINMT AS.

AINMT AS was established in March 2015 as a holding company for owning shares in AINMT Holdings AB and currently owns app. 22,6 % of the share capital in AINMT Holdings AB. RASMUSSENGRUPPEN AS is the holder of app. 29,5 % of the shares in AINMT AS.

AINMT AS has scheduled a general meeting on 30 October 2015 to approve such financing from RASMUSSENGRUPPEN AS. The notice for the general meeting in AINMT AS is available for download (PDF file), please follow the below link.

AINMT Holdings AB owns 100% of the shares in AINMT Scandinavia Holdings AS and AINMT International Holdings BV.

For further information, please contact:

Johan Michelsen, CFO AINMT Holdings AB and chairman of the board of AINMT AS
Tel: +47 410 87 000