Eros Media World PLC Eros Media World PLC - Bondholder Update (2517Y)
29 Dezember 2023 - 2:20PM
UK Regulatory
TIDMERO1
RNS Number : 2517Y
Eros Media World PLC
29 December 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY
JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE
THIS DOCUMENT.
EROS MEDIA WORLD PLC
(incorporated as a limited company and registered in the Isle of
Man under the Companies Act 2006 (Isle of Man) with company number
007466V)
GBP50,000,000 9.00 per cent. Secured Bonds due 2026
(ISIN: XS1112834608) (the "Bonds")
Bondholder Update
Eros Media World PLC (the "Company") hereby notifies Bondholders
of a slight delay in the provision to the Trustee of a copy of its
annual financial statements for the year ended 31 March 2023, which
it was due to provide to the Trustee by 31 December 2023 in
accordance with the terms of the Consent Solicitation announced on
8 March 2023. The Company has been working hard with its auditors
to meet this deadline but, owing to some unforeseen and exigent
delays, it expects that it will only be able to meet this
requirement by 31 January 2024. However, the Company wishes to
reassure Bondholders that this situation is expected to be resolved
by that date affirmatively. The company is also working on making
the due coupon payment shortly.
Capitalized terms used and not defined in this notice have the
meaning given to them in the Repurchase and Consent Solicitation
Memorandum dated 8 March 2023.
Eros Media World PLC
29 December 2023.
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END
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