GlobalCapital plc - Extension of New Bond Offer Period

Monday, May 30th, 2016

On 30 May, GlobalCapital plc announced that the Listing Authority has approved the publication of a Supplement dated 30 May 2016 to the Prospectus dated 12 May 2016, both in connection with an offer of €10 million 5% unsecured bonds maturing in 2021, whereby the Offer Period  has been extended from 30 May 2016 to 8 June 2016.

The announcement also made reference to the Bonds Prospectus, which stated that GlobalCapital plc had received a commitment from its majority shareholder, Investar plc, to subscribe directly, or to procure third parties to subscribe, up to €5 million in nominal value of the Bonds in the event that there is a shortfall of such an amount or more in the overall take-up of the Bonds. GlobalCapital had also received commitments from its Sponsor, acting as nominee for and on behalf of its Professional Clients, to subscribe up to an additional €5 million in aggregate in nominal value of the Bonds in the event of a shortfall in the overall take-up of the Bonds after the fulfilment by Investar plc of its commitment to subscribe to €5 million in nominal value of the Bonds. Such commitments amount in aggregate to €10 million, which is equivalent to the full amount of the Bond Issue.

The Company explained that the Offer Period of the Bond Issue is being extended to allow: (i) existing Bondholders as at the close of business on the 13 May 2016 who have expressed an interest in the Bond Issue the opportunity to subscribe to the Bonds whether by way of Existing Bond Transfer and/or by way of payment in cash; and (ii) Professional Clients who have expressed an interest in the Bond Issue the opportunity to subscribe to any balance of the Bonds not subscribed by Existing Bondholders as at 30 May 2016.

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GlobalCapital plc – Supplement dated 30 May 2016 to the Prospectus dated 12 May 2016.

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