Summa Defence PLCOMXHEX: SUMMA

Summa Defence Signs Amended Loan Deal With Largus Holding

· Issued by Summa Defence PLC

Summa Defence Oyj OMXHEX:SUMMA:

  • AGREES TO CONVERT €8 MILLION BRIDGE LOAN INTO CONVERTIBLE BOND

  • CONVERTIBLE BOND PRINCIPAL AMOUNT ABOUT €8.6 MILLION

  • HAS SIGNED AN AMENDED LOAN AGREEMENT WITH LARGUS HOLDING AB

  • CONVERTIBLE BOND BEARS INTEREST AT RATE OF 14% PER ANNUM, AND LOAN MATURES FOR REPAYMENT ON MARCH 31, 2027

  • LARGUS HOLDING AB MAY CONVERT BOND INTO SHARES AT €0.2 PER SHARE

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