Multitude SE: Approval of written procedure and amendments to the terms and conditions of its subordinated capital notes
11 June 2024 - 10:30PM
UK Regulatory
Multitude SE: Approval of written procedure and amendments to the
terms and conditions of its subordinated capital notes
Multitude SE: Approval of written
procedure and amendments to the terms and conditions of its
subordinated capital notes
Multitude SE (the "Company")
today announces the successful completion of the written procedure
that was initiated on 16 May 2024 in relation to the Company's
subordinated perpetual floating rate callable capital notes with
ISIN NO0011037327 (the "Notes"), regarding certain
amendments to the terms and conditions of the Notes (the
"Proposal").
A sufficient number of noteholders participated
in the written procedure in order to form a quorum, and a requisite
majority of the noteholders voted in favour of approving the
Proposal.
The amendments will become effective when the
Company and the agent enter into an amendment and restatement
agreement, amending and restating the terms and conditions of the
Notes substantially in the form set out in schedule 2 of the notice
of written procedure.
For further information, please
contact:
Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-mail: lasse.makela@multitude.com
About Multitude
SE:
Multitude is a listed European FinTech company,
offering digital lending and online banking services to consumers,
small and medium-sized businesses, and other FinTechs overlooked by
traditional banks. The services are provided through three
independent business units, which are served by our internal
Banking-as-a-Service Growth Platform. Multitude’s business units
are consumer banking (Ferratum), SME banking (CapitalBox) and
wholesale banking (Multitude Bank). Multitude Group employs over
700 people in 25 countries and offers services in 16 countries,
achieving a combined turnover of 230 million euros in 2023.
Multitude was founded in Finland in 2005 and is listed on the Prime
Standard segment of the Frankfurt Stock Exchange under the symbol
'FRU'.
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