This realize corrects a technical error (fallacious 12 months – 2025 as an alternative of 2026 – within the points in time for submission of advance vote casting paperwork) made within the realize revealed on 13 April 2026 via UAB “Kvartalas”, felony entity code 305475438, with its registered place of work at Jogailos st. 4, Vilnius, Republic of Lithuania. The corrected textual content of the attention is ready out beneath.
NOTICE OF CONVENING OF THE REMOTE MEETING OF BONDHOLDERS OF UAB “KVARTALAS” (ISIN CODE LT0000411167) ON 6 MAY 2026
We hereby tell that, on the initiative of UAB “Kvartalas”, felony entity code 305475438, with its registered place of work at Jogailos st. 4, Vilnius, Republic of Lithuania (the Corporate), and via determination of the bondholders’ trustee Grant Thornton Baltic UAB, felony entity code 300056169, with its registered place of work at Upės st. 21-1, Vilnius, Republic of Lithuania (the Trustee), a faraway assembly of the holders of the Corporate’s bond factor with ISIN LT0000411167 (the Bonds) (the Assembly) is being convened on 6 Would possibly 2026 (registration of individuals from 9:30 a.m., scheduled get started at 10:00 a.m. Vilnius time). A “Microsoft Teams” hyperlink to the Assembly will probably be publicly introduced on 5 Would possibly 2026.
The Corporate is growing the enterprise centre “Sąvaržėlė”, situated at Konstitucijos ave. 14A, Vilnius, Republic of Lithuania (the Undertaking or “Sąvaržėlė”). The development of “Sąvaržėlė” has been finished, with 100% finishing touch registered within the Actual Property Sign up of the Republic of Lithuania, and the Undertaking is predicted to start out producing earnings via mid-2026. In keeping with lately signed rent agreements, the occupancy of the “Sąvaržėlė” enterprise heart is 52%.
As soon as the “Sąvaržėlė” starts producing earnings, ultimate settlements with contractors will probably be performed, together with the discharge of retained quantities for normal development works and tenant fit-out. Bearing in mind the developments within the place of work leasing marketplace during the last few years, the Corporate has allotted a bigger percentage of price range than to begin with deliberate to the tenant fit-out contributions and tenant enchantment, which has had an have an effect on at the total build up in Undertaking prices, then again, this has allowed to succeed in upper than budgeted condominium source of revenue for “Sąvaržėlė”. The Corporate intends to settle those bills from price range, inter alia, raised in the course of the issuance of extra Bonds below the higher Bond Factor.
Taking into consideration the above, the Corporate intends to moreover position and factor as much as 100,000 new Bonds, each and every having a nominal price of EUR 100, with out converting some other phrases and prerequisites of the Bond factor or the tasks assumed via the Corporate in opposition to the Bondholders. It will have to be emphasised that, following the extra issuance of the Bonds, the Corporate will proceed to agree to the tasks set out within the Bond Paperwork, together with the economic covenants, and none of such tasks will probably be breached. The protection for the Bonds may even stay unchanged – all Bonds will proceed to be secured via a first-ranking most loan over the Undertaking’s actual property. In keeping with the Bond Paperwork, the Bonds will probably be redeemed on 19 December 2026.
The awareness of the Assembly, together with the time table, the draft solution for the Assembly proposed via the Corporate and different related knowledge, is connected to this realize (along with the overall vote casting poll) and could also be revealed at the Trustee’s web page https://www.grantthornton.lt/en/provider/business-and-financial-advisory/protection-of-interests-of-bondholders/ and at the Corporate’s web page https://savarzele.lt/en/funding/.
All Bondholders are kindly invited to wait the Assembly and specific their will in regards to the proposed draft solution. If attendance isn’t conceivable, Bondholders are kindly asked to imagine vote casting prematurely via finishing the overall vote casting poll and filing a file (or a duplicate thereof) confirming the suitable to vote (and, the place acceptable, the foundation of illustration):
By way of filing to the Trustee no later than 5 Would possibly 2026 at 14:00 p.m. (Vilnius time), via (i) sending via e mail to data@lt.gt.com, or (ii) handing over or sending via registered mail to Upės st. 21-1, Vilnius LT-08128, the Republic of Lithuania; orBy filing to the Corporate no later than 5 Would possibly 2026 at 13:00 p.m. (Vilnius time), via (i) sending via e mail to rbdf@lordslb.lt, or (ii) handing over or sending via registered mail to Jogailos st. 4, Vilnius LT-01116, the Republic of Lithuania. The Corporate undertakes to ahead all paperwork won from Bondholders to the Trustee.
On behalf of the Issuer:
04-13_Pranešimas apie UAB Kvartalas obligacijų savininkų susirinkimą_
UAB Kvartalas_bendrojo balsavimo biuletenis
