Azerion successfully issues Subsequent Bonds in an amount of EUR 50 million

NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "U.S. SECURITIES ACT") OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

Azerion successfully issues Subsequent Bonds in an amount of EUR 50 million

Amsterdam, 3 December 2024 -  Azerion Group N.V. (the "Company" or "Azerion") announces today that it has, following a bookbuilding process, successfully issued subsequent bonds (the “Subsequent Bond Issue” or the “Subsequent Bonds”) in an amount of EUR 50 million under the Company’s existing senior secured floating rate bond framework of EUR 300 million with ISIN NO0013017657 (the “Bonds”). Following the Subsequent Bond Issue, the outstanding aggregate principal amount under the Bonds will be EUR 265 million, and the Subsequent Bonds were issued at par. As provided for under the terms and conditions of the Bonds, proceeds from the Subsequent Bond Issue will be used to finance general corporate purposes of the Company, including capital expenditure, acquisitions and transaction costs.

Julie Duong Ferat, CFO Azerion: “We are pleased to have received strong support from new and existing bond investors in our subsequent bond issue. This is an exciting time for Azerion as we look to benefit from the current market dynamics and tailwinds to further drive our organic and inorganic growth.”

Settlement of the Subsequent Bonds is expected to be on or about 16 December 2024. The Company shall use its best efforts to ensure that the Subsequent Bonds are listed on the relevant Regulated Market within 60 days (with an intention to complete such listing within 30 days) after the Subsequent Bonds issue date and on Frankfurt Stock Exchange Open Market as soon as practically possible.

Pareto Securities AB acted as Global Coordinator and Joint Bookrunner and Arctic Securities AB acted as Joint Bookrunner. Roschier Advokatbyrå AB acted as legal advisor in connection with the Subsequent Bond Issue.

           



About Azerion

Founded in 2014, Azerion (EURONEXT: AZRN) is one of Europe’s largest digital advertising and entertainment media platforms. We bring global scaled audiences to advertisers in an easy and cost-effective way, delivered through our proprietary technology, in a safe, engaging, and high-quality environment, utilizing our strategic portfolio of owned and operated content with entertainment and other digital publishing partners.

Having its roots in Europe with its headquarters in Amsterdam, Azerion has commercial teams based in over 21 cities around the world to closely support our clients and partners to find and execute creative ways to really make an impact through advertising.

For more information visit:

Contact Information

Contact:

Investor Relations

Media

This press release relates to the disclosure of information that qualified, or may have qualified, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:40 CET on 3 December 2024.

Disclaimer

This communication does not constitute an offer to sell, or a solicitation of an offer to buy, any securities or any other financial instruments.

This communication does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any Bonds or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with or act as an inducement to enter into, any contract or commitment whatsoever.

In particular, this communication does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, or form part of any offer, invitation or solicitation to purchase, securities to any person located or resident in the United States or to any U.S. Person (as defined in Regulation S under the U.S. Securities Act). The securities referred to herein have not been, and will not be, registered pursuant to U.S. Securities Act or any securities laws in any state or other jurisdiction in the United Sates and may not be offered, sold, accepted, exercised, re-sold, renounced, transferred or delivered, whether directly or indirectly, in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. No public offering of securities is being, has been, or will be made in the United States.

This communication is made accessible on the basis that any offers of securities referred to herein in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Regulation from the requirement to publish a prospectus for offers of such securities. The Bonds have, with respect to persons in Member States of EEA, only been offered to persons who are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Regulation and Section 1:1 of the Dutch Financial Supervision Act. The expression "Prospectus Regulation" means Regulation No. 1129/2017.

In the United Kingdom, the material is made accessible on the basis that any offers of securities referred to herein will be made pursuant to an exemption under the UK Prospectus Regulation from the requirement to publish a prospectus for offers of such securities. The Bonds have, with respect to persons in the United Kingdom, only been offered to persons who are qualified investors within the meaning of Article 2(1)(e) of the UK Prospectus Regulation. The expression “UK Prospectus Regulation” means Regulation (EU) 2017/1129 as it forms part of retained EU law as defined in the EU (Withdrawal) Act 2018.

The release, publication or distribution of the material may be restricted by law and persons in such jurisdictions in which a release, publication or distribution of the material should therefore inform themselves about, and observe, any such restrictions.

This press release may include projections and other “forward-looking” statements within the meaning of applicable securities laws. Any such projections or statements reflect the current views of the Company about future events and financial performance. No assurances can be given that such events or performance will occur as projected and actual results may differ materially from these projections.