Market announcement
AS Pro Kapital Grupp
LEI code
097900BGM10000061519
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
18361
Submission date and time
26.03.2026 20:35:00
Content of announcement in Estonian
Title
AS Pro Kapital Grupp teatab tehnilise kovenandi rikkumise tuvastamisest ja kõrvaldamisest seoses 2020/2028 võlakirjadega
Message
AS Pro Kapital Grupp (?Ettevõte") annab teada, et 25. märtsil 2026 tuvastas Ettevõte, et tema tütarettevõte OÜ Kalaranna Kvartal on rikkunud maintenance test'i raames kovenanti tütarettevõtte tasandil vastavalt Ettevõtte välja antud tagatud võlakirjade 2020/2028 (ISIN SE0013801172) tingimustele (?Võlakirjade Tingimused"). Rikkumine kujutas endast tehnilist laadi rikkumist (?Kovenandirikkumine") Võlakirjade Tingimuste tähenduses. Kovenandirikkumine kestis alates 21.11.2025 ning tulenes OÜ-le Kalaranna Kvartal võetud laenukohustusest, mille jääk ületas maintenance test'i raames lubatud piirmäära. Pärast rikkumise tuvastamist tasus OÜ Kalaranna Kvartal täna osaliselt kõnealusest laenust, millega rikkumine kõrvaldati. Seega on käesoleva teate kuupäeva seisuga maintenance test uuesti täidetud ning Võlakirjade Tingimuste kohaselt ei esine enam ühtegi rikkumist. Kovenandirikkumine oli üksnes tehnilist laadi ning Ettevõtte hinnangul ei omanud see negatiivset mõju võlakirjaomanikele. Lisateave: Ann-Kristin Kuusik, finantsjuht +372 614 4920 [email protected] Käesolev teave on avaldamiseks kohustuslik vastavalt Euroopa Liidu turukuritarvituse määrusele (EU Market Abuse Regulation). Informatsioon tehti avalikkusele kättesaadavaks ülalnimetatud kontaktisiku vahendusel 26. märtsil 2026 kell 20:30 (EET).
Content of announcement in English
Title
AS Pro Kapital Grupp announces identification and remediation of technical covenant breach under its outstanding bonds 2020/2028
Message
AS Pro Kapital Grupp (the "Company") hereby announces that on 25 March 2026, it identified that one of its subsidiaries, OÜ Kalaranna Kvartal, has been in breach of the maintenance test covenant on subsidiary level, pursuant to the terms and conditions (the "Terms and Conditions") of the Company's outstanding senior secured bonds 2020/2028 with ISIN SE0013801172, constituting a technical default under the Terms and Conditions (the "Covenant Breach"). The Covenant Breach has been continuing since 21.11.2025 and arose as a result of a loan incurred by OÜ Kalaranna Kvartal, the outstanding balance of which caused OÜ Kalaranna Kvartal to exceed the threshold allowed under the maintenance test covenant. Promptly following identification of the Covenant Breach, OÜ Kalaranna Kvartal has today partially repaid the relevant loan, thereby remedying the Covenant Breach. Accordingly, as of the date hereof, the maintenance test is met and no event of default under the Terms and Conditions is continuing. The Covenant Breach was of a technical nature and the Company has assessed that it has not had any adverse effect on the bondholders. For further information, please contact: Ann-Kristin Kuusik, CFO +372 614 4920 [email protected] This information is information that AS Pro Kapital Grupp is obliged to make public pursuant to the EU Market Abuse Regulation. This information was released for public disclosure through the agency of the contact person above, on 26 March 2026, at 20:30 EET.