INSIDE INFORMATION: On 10 December 2025, Sparc Group AB (publ) ("Sparc Group" or the "Group") announced the initiation of a written procedure (the "Written Procedure") to obtain the bondholders' approval of certain amendments to the terms and conditions of its SEK 1,100 million outstanding senior secured floating rate bonds (ISIN SE0023441522), maturing in March 2028 (the "Bonds"). The Written Procedure has today been successfully completed in advance.
Regulatory press release
Sparc Group receives early approval in the written procedure for its outstanding bonds with ISIN SE0023441522
Written on 19 December 2025 by Oscar Wilhelmsson
Sparc Group instructed CSC (Sweden) AB, on 10 December 2025, to issue a notice of a written procedure (the "Written Procedure") to seek the bondholders' approval of certain amendments to the terms and conditions of the Bonds. The Written Procedure has today been successfully completed in advance.
Bondholders representing a qualified majority of the adjusted nominal amount of the Bonds participated in the Written Procedure and voted in favour of the amendments requested in the Written Procedure (the "Amendments"), and the requisite majority was thereby obtained to achieve a quorum.
All Conditions (as defined in the notice of the Written Procedure) have been satisfied and the Amendments will be implemented immediately.
Important information regarding payment of fees
Considering the completion in advance of the Written Procedure, the record date for the consent fee will be advanced to 2 January 2026 and Sparc Group will settle the early-bird fee and the consent fee in advance on 12 January 2026.
All voting bondholders who voted (regardless of whether they voted for or against) before the early-bird deadline (16.00 (CET) on 18 December 2025) are entitled to the early-bird fee of 0.25 per cent. of the nominal amount for each Bond.
Furthermore, Sparc Group shall pay 0.50 per cent in consent fee of the nominal amount for each Bond to all bondholders (regardless of whether they voted for, against or did not participate in the Written Procedure) holding Bonds on the record date for the consent fee (2 January 2026).
Advisors
In connection with the Written Procedure, DNB Carnegie Investment Bank AB ("DNB Carnegie") and Nordea Bank Abp ("Nordea") are acting as debt advisors to the Group, Baker McKenzie as legal advisor to the Group, and Advokatfirman Schjødt as legal advisor to the debt advisors.
If you have any questions regarding the Written Procedure, please contact DNB Carnegie at bond.syndicate@dnbcarnegie.no or Nordea at NordeaLiabilityManagement@nordea.com.
This information is such that Sparc Group AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication on 5:45 PM CET on December 19, 2025.
Additional information
Erik Björklund
Founder & CEO
erik.bjorklund@sparcgroup.se
+46 704 25 49 37
About Sparc Group
Sparc Group AB (publ) is an entrepreneur-driven group that acquires, develops, and coordinates companies to create a comprehensive offering within the installation industry. Since its founding in 2021, the group has acquired more than 90 companies within HVAC, electrical, infrastructure, and security. With over 1,000 employees, Sparc Group now operates in both Sweden and Norway. Together, they are building a positive and growth-oriented corporate culture, characterized by entrepreneurship, commitment, and participation. By entrepreneurs, for entrepreneurs.
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