gategroup
PROJECT DESCRIPTION
GLAS Specialist Services Limited has been appointed to act as Information Agent in connection with an English restructuring plan proposed by gategroup Guarantee Limited under part 26A of the United Kingdom’s Companies Act 2006.
gategroup is a Swiss company providing services to the travel industry, including catering, onboard retail, food service provisioning, and food logistics. For more information go to: https://gategroup.com/
The Court convened a meeting, to be held on 19 March 2021, for Plan Creditors to vote on the Restructuring Plan (the Plan Meeting). The Restructuring Plan will affect the legal rights of Plan Creditors.
Notice of the Plan Meeting (including voting deadlines), together with copies of the Bondholder Proxy Form, can be found in the ‘Documents’ section below.
The press release issued in respect of the PSL can be found here: https://gategroup.com/en-gb/media-center/positioning-for-post-covid-future-proposed-restructuring-plan-pursuant-to-part-26a-of-the-companies-act-2006/
The Official Notice can be found here: https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/news-tools/official-notices.html#/notice-details/252926
The press release issued in respect of the Explanatory Statement and the Plan Meeting can be found here: https://gategroup.com/en-gb/media-center/positioning-for-a-post-covid-future-update-on-restructuring-plan-key-milestone-achieved/
The Official Notice can be found here: https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/news-tools/official-notices.html#/notice-details/255262
On 25 February 2021, gategroup Finance (Luxembourg) S.A. and the gategroup Guarantee Limited held a call for Bondholders for the purpose of providing information on the restructuring and the Restructuring Plan, and the next steps and actions for Bondholders, including voting on the Restructuring Plan at the Bondholder Plan Meeting. The slides presented on the call can be found in the ‘Documents’ section below and a recording of the call can be accessed at this link: https://cciplayer.mediasite.com/Mediasite/Play/9875117b315b4ef2a312b254e20e528a1d
The Official Notice can be found here: https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/news-tools/official-notices.html#/notice-details/255815
On 12 March 2021, gategroup Guarantee Limited published an amended explanatory statement to Bondholders. The Official Notice can be found here: https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/news-tools/official-notices.html#/notice-details/256452
Both the meeting of Bondholders and the meeting of the Senior Lenders, each held on 19 March 2021, have approved the Plan by the required statutory majority (being 75% by value of the creditors present and voting at the relevant meeting). A notice setting out the results of the meetings can be found in the ‘Documents’ section below.
CONTACT DETAILS
GLAS Specialist Services Limited as Information Agent:
Address: 45 Ludgate Hill, London, EC4M 7JU
Email: LM@glas.agency
Telephone: +44 (0)20 3597 2940
gategroup:
Email: invest@gategroup.com
ROLES
GLAS Specialist Services Limited Information Agent |
PROJECT NOTICES