Result of CULS Holders Meeting & Delisting of CULS

APQ Global Limited

30 December 2025

 

APQ Global Limited

("APQ Global" or the "Company")

Result of CULS Holders Meeting and Delisting of CULS

APQ Global Limited, a company incorporated in Guernsey with registration number 62008, announces the result of the meeting of the holders of 3.5 per cent. convertible loan stock 2024 (the "CULS") held today at 10:30 am, relating to amendments to the trust deed constituting the CULS to amend the terms of payment of the CULS.

The Company hereby announces that the resolution at the Meeting of the CULS Holders passed, with more than 91% of votes cast in favour.

The Company also announces the delisting of the CULS from the International Securities Market of the London Stock Exchange, effective on 31 December 2025.

Undertakings to CULS Holders

The Company hereby reiterates its undertakings to the CULS Holders, originally given in March 2025, that, prior to the Deferred Settlement Date, it shall not make any further investments other than those reasonably required to support the existing operations of the Group, as determined by the Board; it shall not incur any Financial Indebtedness ranking senior to the CULS, unless such Financial Indebtedness is incurred for the purpose of satisfying the CULS repayment obligation; and it shall apply any cash reserves in excess of a rolling amount of US$3,000,000, to be retained for working capital purposes, towards the reduction of the CULS liability, which may be effected by any, or a combination, of ad hoc purchases of CULS, one or more tender offers for CULS, or the redemption of the CULS, as determined by the Board.

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For further enquiries, please contact:

APQ Global Limited Bart Turtelboom	020 3478 9708
Investor Relations [e-mail]

Notes to Editors

APQ Global Limited

APQ Global Limited is an investment company incorporated in Guernsey with registration number 62008. The Company focuses its investment activities globally (in Asia, Latin America, Eastern Europe, the Middle East, Africa and the Channel Islands, particularly). The objective of the Company is to steadily grow its earnings to seek to deliver attractive returns and capital growth through a combination of building growing businesses as well as earning revenue from income generating operating activities in capital markets^1. APQ Global take strategic stakes in selected businesses and plan to take operational control of companies through the acquisition of minority and majority stakes in companies with a focus on emerging markets. For more information, please visit apqglobal.com.

¹Where we refer to revenue from income generating operating activities this relates to the revenue of our investee companies

 

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