Brief: AvangardCo Investments Public updates on voting results for scheme of arrangement in respect of $200 mln notes due 2015

Avangardco Investments Public

23/10/2015 15:30

Oct 23 (Reuters) - AvangardCo Investments Public Ltd 
 AVGRq.L : 
    * Says noteholders constituting 99.51 pct in number 
representing 99.89 pct in value of notes voted at scheme meeting 
in respect of its $200 million 10.0 pct notes due 2015 had 
validly voted in favour of scheme 
    * Noteholders constituting 0.49 pct in number representing 
0.11 pct in value of notes voted at scheme meeting had voted 
against scheme 
    * Scheme was therefore approved by a majority in number 
representing more than 75 pct in value of creditors 
    * On basis that scheme is sanctioned by court, company 
anticipates that settlement date of scheme will be Oct. 28, with 
unblocking of notes to occur on this date 
 
Source text for Eikon:  ID:nRSW3013Da  
     
Further company coverage:  AVGRq.L  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))