Dott Revisions Its Written Procedure for Senior Secured Bonds Amidst Stakeholder Discussions

Dott's Recent Strategic Shift in Written Procedure



In a significant development on July 24, 2026, TIER Mobility SE, operating under the name Dott, revealed important updates regarding its Senior Secured Floating Rate Bonds due 2025/2029. This announcement, which references a previous communication from July 17, details the withdrawal of an existing Written Procedure and outlines plans for a new one following negotiations with its bondholders.

The action taken by Dott comes after careful discussions with stakeholders who hold over 50% of the adjusted nominal amount of the bonds, amounting to EUR 150 million (ISIN NO0013516369). The consensus achieved from these discussions has enabled the company to propose modifications to the terms of the Written Procedure, emphasizing Dott’s commitment to transparency and active communication with its investors.

As a result of these negotiations, the current Written Procedure has been officially withdrawn, and preparations for a new procedure are underway. Dott aims to finalize the necessary documentation, ensuring that all terms and timelines associated with the new Written Procedure are communicated effectively to all relevant parties. The updated notice is expected to be disseminated soon.

Timeline and Future Steps



The terms of the new Written Procedure will be detailed in the forthcoming notice, ensuring that investors are well-informed. Bondholders will receive this new notice via Verdipapirsentralen ASA (Euronext Securities Oslo), who are registered in the securities account with the CSD. This proactive approach underscores Dott's ongoing strategy to maintain open channels of communication, enhancing investor confidence.

Furthermore, the upcoming notice will be accessible on the website of the Agent, Nordic Trustee Agency AB (publ), allowing for easy reference by all parties involved. Following the announcement of the new Written Procedure, Dott will publicly release the outcome to ensure that all stakeholders remain updated throughout the process.

Contact and Further Information



For any inquiries regarding the new Written Procedure, stakeholders are encouraged to contact the Agent at Nordic Trustee Agency AB either through email at [email protected] or via phone at +46 8 783 79 00. This shows Dott’s dedication to providing ongoing support and clarity to its investors.

Conclusion



This recent maneuver not only modifies Dott’s operational strategy in relation to its financial instruments but also aligns with regulatory compliance under the EU Market Abuse Regulation. Dott’s commitment to modifying the Written Procedure highlights its adaptability within a changing market landscape, focusing on stakeholder engagement and transparency. As developments unfold, bondholders and interested parties will look forward to further updates, reassured by Dott's proactive stance in managing its financial obligations and investor relations.

Topics Financial Services & Investing)

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