DIGITALIST GROUP STRUCTURES ITS FINANCING


Helsinki, Finland, 2017-05-23 08:00 CEST (GLOBE NEWSWIRE) -- Ixonos Plc          Stock Exchange Release          23 May 2017 at 09:00

 

DIGITALIST GROUP STRUCTURES ITS FINANCING

 

 

Digitalist Group Plc has agreed with its main owner Tremoko Oy Ab of a financing arrangement based on which the existing credit line facility (announced on 3rd March 2017) will be increased from EUR 2.0 million to EUR 4.6 million (“Financing Arrangement”).  Thus the Financing Arrangement executed now will enable, if necessary, Digitalist Group Plc to obtain EUR 2.6 million additional financing. The Financing Arrangement falls due on 31st January 2019.

 

 

DIGITALIST GROUP PLC

Board of Directors

 

 

 

For more information, please contact:

 

DIGITALIST GROUP PLC

CEO Sami Paihonen, Tel. + 358 50 502 1111, sami.paihonen@ixonos.com

Interim CFO Pekka Pylkäs, Tel. + 358 40 538 1821, pekka.pylkas@ixonos.com

 

 

Distribution:

NASDAQ OMX Helsinki

Main media

 


 


Attachments

Tiedote_B_Reorganising financing_23052017_EN.pdf