REG - Obrascon Huarte Lain - GVM - Pacadar

Obrascon Huarte Lain SAAnnouncement

02/11/2020 07:01

RNS Number : 8412D
  
Obrascon Huarte Lain, S.A.
  
30 October 2020
  
 

 
OBRASCÓN HUARTE LAIN, S.A. ("OHL" or the "Company"), pursuant to article 226 of the consolidated text of the Spanish Securities Market Act approved by Royal Legislative Decree 4/2015, of 23 October, hereby notifies the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores) ("CNMV") the following
INSIDE INFORMATION
In relation to the communication of inside information, registry number 474, dated 30 September, 2020, regarding the debt that Pacadar and the VMG (Villar Mir Group) owe to the Company (the Debt); OHL hereby informs that the parties are advancing in their conversations to agree on the most satisfactory payment methods of the Debt; and are exploring, among other options, a possible dation in payment of 100% of Pacadar shares.
In order to conclude the appropriate analysis and take the most advisable decisions, the parties have reached an agreement by virtue of which the maturity date of the Debt has been extended by 20 calendar days counted from 30 October, 2020.
 
 
Madrid, 30th of October, 2020.
 

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