R.E.A. Holdings Approves Amendments to Dollar Notes Terms

R.E.A. Holdings plc has gained approval for the extension of its 7.5 percent dollar notes from 2026 to 2028. In a recent meeting, noteholders approved key proposals, including the extension and a potential capital reduction of up to $20 million from the company's share premium account.

The meeting saw participation from holders of $27,035,218 in nominal dollar notes. The voting was carried out via a poll, resulting in 24,674,218 votes in favor of the proposals. No third-party discretionary votes were recorded, and 5,000 votes were cast against.

In addition to voting on the proposals, the noteholders instructed the trustee to enter into a supplemental trust deed to formalize the agreed amendments. The proposals took effect on September 4, 2025, following the execution of this deed.