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Pin to quick picksEros Media 26 Regulatory News (ERO1)

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EROS MEDIA WORLD PLC- Bondholder Update

29 Feb 2024 10:33

RNS Number : 9747E
Eros Media World PLC
29 February 2024
 

 

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)

£50,000,000 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 further 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 continued delays attributable to transition of personnel, it expects that it will only be able to meet this requirement by 31 March 2024. However, the Company wishes to reassure Bondholders that this situation is expected to be resolved, and the Company is also working on making the due coupon payment at the earliest.

 

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 February 2024.

 

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UPDEAEANADELEFA
Date   Source Headline
1st May 20246:12 pmRNSBondholder Update
28th Mar 202411:57 amRNSEros Media World PLC - Bondholder Update
29th Feb 202410:33 amRNSEROS MEDIA WORLD PLC- Bondholder Update
31st Jan 202410:27 amRNSEros Media World PLC - Bondholder Update
29th Dec 20231:20 pmRNSEros Media World PLC - Bondholder Update
31st Oct 20237:00 amRNSEros Media World PLC - Bondholder Update
17th Oct 20232:10 pmRNSEros Media World PLC - Bondholder Update
2nd Oct 20239:59 amRNSEros Media World PLC - Bondholder Update
10th Jul 20232:38 pmRNSNOTICE RELATING TO REPURCHASE
3rd Jul 20237:00 amRNSBondholder Update
19th Jun 20234:42 pmRNSEMWP Announces Corporate Restructuring
3rd May 20232:09 pmRNSEMWP Delay in Payment of Coupon and Consent Fee
13th Apr 20237:00 amRNSNOTICE RELATING TO REPURCHASE OF BONDS
30th Mar 20236:19 pmRNSRESULTS OF CONSENT SOLICITATION
8th Mar 202312:54 pmRNSLaunch of Repurchase and Consent Solicitation
1st Mar 20234:35 pmRNSPrice Monitoring Extension
1st Feb 20237:15 amRNSEros - Coupon Payment RNS Announcement
1st Nov 20224:41 pmRNSSecond Price Monitoring Extn
1st Nov 20224:35 pmRNSPrice Monitoring Extension
1st Nov 20224:35 pmRNSUpdate: coupon payment on the Bonds
3rd Nov 20214:36 pmRNSPrice Monitoring Extension
20th Sep 202111:19 amRNSSUCCESSFUL COMPLETION OF THE CONSENT SOLICITATION
3rd Sep 20215:11 pmRNSResult of Meeting
10th Aug 20217:00 amRNSConsent Solicitation
5th Aug 20214:35 pmRNSPrice Monitoring Extension
4th Aug 202112:52 pmBUSErosSTX Files an Extension for its Fiscal 2021 Annual Report; Provides Debt Restructuring Update

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