AS “Storent Holding”, registration number 40203174397, (the “Issuer”), in accordance with Clause 26.3 of the General Terms and Conditions of the Notes set forth in the Base Prospectus of the Issuer dated 25 May 2023 and the supplement to it dated 21 February 2024, as amended pursuant to the decision of the Noteholders in accordance with the announcement of the Issuer dated 8 August 2024 (the “General Terms and Conditions”) instigates a written procedure (the “Written Procedure”) to obtain the Noteholders’ consent on amendments to the General Terms and Conditions and execution of new Guarantee by SIA “Storent” and UAB “Storent", with such new Guarantee replacing and superseding in its entirety the initial Guarantee made by SIA “Storent” on 25 May 2023.
The proposed amendments to the General Terms and Conditions will ensure that the Notes of the Issuer with ISIN LV0000850089 and ISIN LV0000850345 are subject to the same rights, obligations and procedures as the Notes of the Issuer with ISIN LV0000103570 issued in accordance with the General Terms and Conditions of the Notes set forth in the Base Prospectus of the Issuer dated 27 March 2025, and guaranteed by SIA “Storent” and UAB “Storent". The proposed amendments will also support the Group’s anticipated expansion into the United States of America, since, as of the date of this announcement, the Group has signed a letter of intent with a potential acquisition target in Texas, the United States, has completed a satisfactory due diligence in relation to the target company and is currently finalising transaction documents to acquire a 70% stake in the target company.
In the light of the above considerations, the Issuer invites the Noteholders to support the proposed amendments to the General Terms and Conditions and execution of new Guarantee by SIA “Storent” and UAB “Storent", with such new Guarantee replacing and superseding in its entirety the initial Guarantee made by SIA “Storent” on 25 May 2023.
If as a result of the voting of the Noteholders the proposed amendments to the General Terms and Conditions are approved, the Issuer agrees within 10 (ten) Business Days after publication of the Issuer’s notice on entry into force of the amendments to the General Terms and Conditions to pay each Noteholder, who in accordance with a list prepared by Nasdaq CSD SE is a Noteholder on 12 September 2025 and who has voted “yes” to the amendments proposed to the General Terms and Conditions, an amendment fee in the amount of 0.5 % (zero point five per-cent) from the principal amount of the Notes held by the respective Noteholder. For tax purposes the amendment fee is treated as interest payment and the Issuer will make a payment net of applicable withholding taxes.
Announcement on instigation of the Written Procedure for receipt of the Noteholders’ consent, which contains a detailed information on participation in the voting and timing of the voting, proposed amendments to the General Terms and Conditions, the voting form and the form of proxy are attached hereto, as well as available at: https://www.storentholding.com/vote-2025
The Issuer invites all Noteholders to be responsive, to thoroughly familiarize themselves with the proposed amendments and to submit their votes by 26 September 2025 (inclusive).
Baiba Onkele
Member of the Board and CFO of Storent Holding
Mobile: + 371 29 340 012
E-mail: baiba.onkele@storent.com