REG - TransRegionalCapital - Notice of Result of Meeting

PerpetualAnnouncement

19/06/2020 17:45

RNS Number : 5602Q
  
TransRegionalCapital DAC
  
19 June 2020
  
 

TRANSREGIONALCAPITAL D.A.C. 
(FORMERLY KNOWN AS TRANSREGIONALCAPITAL LIMITED) ("Issuer")
$100,000,000 10 per cent. Loan Participation Notes due 2020 linked to a Subordinated Loan to TRANSKAPITALBANK (the "Notes")
ISIN: XS0311369978
Common Code: 031136997
 
NOTICE OF RESULT OF MEETING
                                                                                                                                  19 June 2020
This notice is given in respect of the Notes issued by the Issuer pursuant to a trust deed dated 18 July 2007, as supplemented by the supplemental trust deed dated 2 June 2015, (the "Trust Deed") and made between, among others, the Issuer and Deutsche Trustee Company Limited as trustee (the "Trustee").
Unless otherwise defined in this notice, capitalised terms used shall have the meanings set out in the Trust Deed.
Reference is made to the Notice of Meeting of Noteholders dated 27 May 2020 pursuant to which a meeting of the holders of the Notes was convened by the Issuer (the "Meeting") (the "Notice").
Passing of Extraordinary Resolution: a meeting of holders of the Notes was held on 19 June 2020 and was quorate. The Extraordinary Resolution set out in the Notice was duly passed by the holders of the Notes. The Trust Deed provides that an Extraordinary Resolution is passed by the affirmative vote of holders of outstanding Notes present in person or represented by proxy or representative owning in the aggregate not less than two thirds in principal amount of the outstanding Notes owned by the Noteholders who are present or represented at the meeting.
The principal amount of the Notes outstanding for the purpose of the meeting was USD 93,758,000. The principal amount of Notes present and represented at the meeting was USD 73,696,000. Of the Notes present and represented at the meeting, USD 55,595,000 in principal amount (being 55,595 votes or 75.44% of the total number of the votes cast) voted in favour of the Extraordinary Resolution. 17,641 votes were cast against the Extraordinary Resolution and 460 votes were neither cast for or against the Extraordinary Resolution. The Extraordinary Resolution assents to and approves the amendment and restatement of a subordinated loan agreement dated 16 July 2007, as amended by an amendment addendum dated 2 June 2015, between the Issuer and TRANSKAPITALBANK and amendments to the provisions of the Trust Deed constituting the Notes, as set out in full in the Consent Solicitation Memorandum dated 27 May 2020.
 
 
This notice is given by
Deutsche Trustee Company Limited
in its capacity as Trustee
 
 
 
 
 
 
 
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.
 
 


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