Agilyx shareholders approve convertible loan issuance
Agilyx ASA announced the approval of all agenda items at its extraordinary general meeting held on November 18, 2025, including a resolution to issue a convertible bond loan. The bond issue will range from a minimum of €20,000,000 to a maximum of €40,000,000. An initial tranche of €20,000,000 has already been subscribed.
The convertible bonds will have a par value of €1 and an annual interest rate of 10%, payable in additional bonds with semi-annual interest payments. The bonds will mature on June 30, 2028, and bondholders will have the right to convert their holdings into Agilyx ASA shares at a conversion price of €1.9829 per share, subject to certain adjustments. The subscription period for the remaining amount of the bond issue extends until June 15, 2028.
Agilyx ASA, a global investment platform supporting plastic waste feedstock supply, highlighted its strategic holdings in GreenDot Global and Cyclyx. The company continues to advance its proprietary Styrenyx technology for polystyrene recycling.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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