We refer to the Company’s announcement on 18 March 2025 regarding the recapitalisation transaction.
Oriflame is pleased to announce that incremental support has been received by bondholders since 18 March 2025 and the proposed transaction now has the support of more than 91% of the Company’s bonds.
Subject to satisfaction of conditions precedent and approval from the RCF lenders, the transaction is now implementable consensually with the Company’s bondholders, without the requirement for an in-court process.
If additional bondholders would like to accede to the transaction, instructions on how to accede to the Lock Up Agreement can be received by e-mailing Oriflame@glas.agency
