DGAP-Adhoc: ICHOR Coal N.V.: Amendment of certain conditions of Ichor Coal N.V. convertible bonds

DGAP-Ad-hoc: ICHOR Coal N.V. / Key word(s): Bond 
ICHOR Coal N.V.: Amendment of certain conditions of Ichor Coal N.V. 
convertible bonds 
 
21-Jun-2017 / 11:54 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR, transmitted by 
DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Ad-hoc announcement pursuant to Article 17 Abs. 1 of the Market Abuse 
Regulation (Regulation (EU) No. 596/2014)* 
 
*Amendment of certain conditions of Ichor Coal N.V. convertible bonds* 
 
Ichor Coal N.V. (IchorCoal) is pleased to announce that at a meeting of its 
bondholders on 20 June 2017, bondholders voted in favour of an extraordinary 
resolution to amend certain terms and conditions of the EUR 77,600,000 8% 
Convertible Bonds due 2017. 
 
In terms of this resolution, with effect from 7 June 2017: 
 
- the fixed interest payable on the bonds will be reduced from 8% per annum 
to 5%. 
 
- The conversion price of the bonds will be reduced from EUR4.50 to EUR0.70; 
 
- The maturity of the bonds will be extended by 2 years. 
 
An amendment and restatement agreement has been signed which is available to 
bondholders on request. 
 
21-Jun-2017 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  ICHOR Coal N.V. 
          30 Jellicoe Avenue 
          Rosebank 
          South Africa 
Phone:    [phone] 
E-mail:   [e-mail] 
Internet: www.ichorcoal.de 
ISIN:     NL0010022307 
WKN:      A1JQEX 
Listed:   Regulated Unofficial Market in Hamburg, Stuttgart; Open Market 
          (Basic Board) in Frankfurt 
 
End of Announcement DGAP News Service 
 
584939 21-Jun-2017 CET/CEST 
 
 

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June 21, 2017 05:54 ET (09:54 GMT)