Digitalist Group restructures its financing

Digitalist Group Plc Inside information 23.6.2021 at 18:15

Digitalist Group restructures its financing

Digitalist Group Oyj (“Digitalist Group”) has agreed with Nordea Bank Oyj to increase Digitalist Group's cash pool overdraft with Nordea Bank by two million euros. With the arrangement, Digitalist Group increases its financial flexibility.

The cash pool overdraft is secured by a directly enforceable guarantee granted by Turret Oy Ab and Holdix Oy Ab to Nordea Bank Abp, inter alia, as collateral for the liabilities of Digitalist Group and its subsidiaries. Digitalist Group, together with its subsidiaries, has given Turret Oy Ab and Holdix Oy Ab countersecurity in which, inter alia, Digitalist Group has undertaken to pay guarantee commission on market terms.

Turret Oy Ab is the largest and Holdix Oy Ab is the second largest shareholder of Digitalist Group.

DIGITALIST GROUP PLC

Board of Directors

For further information pls contact
Digitalist Group Plc
Petteri Poutiainen, CEO
mob. +358 40 865 4252, petteri.poutiainen@digitalistgroup.com

Distribution:
Nasdaq Helsinki Ltd.
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https://digitalist.global

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• Digitalist Group Plc structures its fin...release_EN_20210623

• Digitalist Group Plc structures its fin...release_FI_20210623