Cinis Fertilizer announces approval of written procedure

The Written Procedure was initiated to request the holders of the Bonds to vote in favour of, among other things, amending the terms and conditions of the Bonds in order to implement the amended financing and capital structure of Cinis Fertilizer (the "Proposal"). The full details of the Proposal are set out in the notice of Written Procedure. 

A sufficient number of bondholders participated in the Written Procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal. Cinis Fertilizer will continue with the implementation of the contemplated updates to its financing and capital structure as set out in the notice of Written Procedure and is proceeding on the basis of the indicative time plan included in the notice of Written Procedure.

In connection with the Written Procedure, ABG Sundal Collier AB and Pareto Securities AS has been retained as financial advisors and Advokatfirman Schjødt has been retained as legal advisor to Cinis Fertilizer.

For further information please contact:
Charlotte Becker, IR & Communications Director Cinis Fertilizer
[email protected]
+46 730 37 07 07

Jakob Liedberg, CEO Cinis Fertilizer
[email protected]
+46 768 58 12 86

About Cinis Fertilizer
Cinis Fertilizer is a Swedish greentech company that produces an environmentally friendly mineral fertilizer, potassium sulphate (SOP), by among other things, recycling residual streams from the manufacture of batteries and battery materials, as well as from the pulp and other industries. The patented technology uses half the energy of current production methods and results in a mineral fertilizer with a low carbon footprint. A unique and circular contribution that enables sustainable agriculture. FNCA Sweden AB is the company's Certified Adviser. For more information, visit www.cinis-fertilizer.com.