Trigon Agri A/S gives notice of written procedure to the Bondholders of its SEK 350 million bond

In line with the release dated 23 March 2016, Trigon Agri A/S has requested that
the holders of its SEK 350 million senior secured bonds with ISIN SE0004019008
approve a debt restructuring proposal.

Intertrust CN (Sweden) AB, acting in its capacity as agent for the holders under
the terms and conditions of the bonds, has on request of the issuer on 12 April
2016 initiated a written procedure in which the holders can approve or reject
two separate proposals for a debt restructuring of the notes made by the issuer.
The first proposal involves a partial redemption in kind of the bond debt with
an aggregate amount of 55,685,000 SEK (i.e. 1,591 SEK per bond) against
allotment of shares in a Swedish public limited liability company, through which
the holders will receive a right to convert a convertible bond into maximum
195,000,000 shares in Trigon Agri A/S on certain conditions. This implies that
upon the partial redemption, each holder will be allotted one share in the
Swedish public limited liability company per bond held. The second proposal is a
waiver in respect of a bridge loan to be incurred by Trigon Agri A/S in the
maximum amount of 2,000,000 EUR and certain collateral in relation thereto.

Holders may vote on the proposals in the written procedure by submitting a
written resolution voting form. The last time and date to vote in the written
procedure is 17:00 (CET) on 27 April 2016.

To be eligible to participate in the written procedure a holder must fulfill the
formal requirements of being a Holder (as defined in the terms and conditions of
the bonds) at the close of business on 15 April 2016.

An information call for the holders will be held at 14.00 (CET) on 21 April 2016
(call in details is to be found in the notice).

The formal notice of the written procedure has been sent by ordinary mail to
direct registered holders and registered authorized nominees in accordance with
the terms and conditions of the bonds.

A copy of the notice with more information on the written procedure and how to
participate can be downloaded from the agent’s webpage:
https://www.intertrustgroup.com/en/about/news?filter=sweden

For further information:

The issuer:

Trigon Agri A/S

Simon Boughton, CEO

Email: mail@trigonagri.com

Tel: +372 66 79 200

The agent:

Intertrust CN (Sweden) AB

Kristofer Nivenius

Tel: +46 8 402 72 18

Sara Olsson

Tel: +46 8 402 72 39

Email: trustee@intertrustgroup.com

About Trigon Agri

Trigon Agri is an integrated soft commodities production, storage and trading
company with operations in Ukraine, Russia and Estonia. Trigon Agri’s shares are
traded on the main market of Nasdaq Stockholm.

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