SIBS AB (publ) ("SIBS") today announces the successful completion of the written procedure that was initiated 9 April 2026 (the "Written Procedure") in relation to SIBS' senior secured bonds with ISIN SE0023112487 (the "Bonds") regarding requesting the holders of the Bonds to vote in favour of certain proposed amendments to the terms and conditions of the bonds, comprising (i) the disapplication of the maintenance covenants in respect of the reference period ending on 31 March 2026 and (ii) certain amendments to the reporting undertakings to permit SIBS to publish its consolidated audited annual financial statements within six (6) months of the end of the financial year 2025 (the "Request").
A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Request.
The Request shall be effective as per 29 April 2026 in accordance with the terms of the Written Procedure.
For more information, please contact:
Håkan Brown, Interim CFO, SIBS AB
hb@sibs.se
+46 70-665 77 97
SIBS was founded in 2016 and is today one of the world’s leading modular building manufacturers. With an annual scalable capacity of up to around 6,000 homes, or 12,000 modules, SIBS delivers sustainable, high-quality buildings adapted to local conditions. The company’s industrialized platform enables a wide range of applications, from residential housing to community buildings. SIBS has the entire integrated value chain for industrial construction within the group, including design and configuration in its own building system, industrial production in its own factories, and onsite assembly and finalization. Through digitalization and advanced technology, SIBS sets a new standard in the construction industry. SIBS’ bond is listed on Nasdaq Stockholm. Read more at www.sibs.se.