DJ MyHotelMatch initiates debt restructuring and prepares transfer to Euronext Growth
MyHotelMatch
MyHotelMatch initiates debt restructuring and prepares transfer to Euronext Growth
09-Oct-2025 / 18:56 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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MyHotelMatch initiates debt restructuring and prepares transfer to Euronext Growth
Paris, France - 9 October 2025 - The Company announces that it has reached an agreement with its principal creditors to
restructure EUR3.2 million of debt.
As part of this agreement, an initial tranche of EUR720,310 in debts will be converted into 720,310 new redeemable bonds
into shares ("ORA"). Each ORA will entitle its holder to subscribe for one ordinary share of the Company at the nominal
value of EUR1 per share, representing the potential creation of 720,310 new shares, subject to legal and contractual
adjustments.[1]
The ORA are interest free and are convertible into shares at the investor's discretion until they reach their
three-year maturity on 8 October 2028 at which time any remaining ORA will be converted into shares. Upon an event of
default, the investor has the option to redeem the ORA in cash.
The Board has used the authority granted to it pursuant to the resolutions adopted at the Annual General Meeting of
Shareholders held on June 24, 2025, in order to negotiate and structure this ORA issuance.
This transaction reflects the renewed confidence of the Company's creditors and reference shareholders in its intrinsic
value and recovery prospects, notwithstanding the current depressed market price of the shares. It allows for the
immediate reduction of indebtedness without any cash outflow, thereby strengthening the Company's financial position
and solvency ratios.
Setting the conversion price at EUR1 per share, above the current market price, demonstrates this confidence while
limiting dilution for existing shareholders compared to a conversion at market value.
The balance of the debt will also be converted into ORA under the same terms as described above, and this will be
implemented either pursuant to the same shareholder resolutions referred to above or ratified by the shareholders at an
upcoming general meeting.
In parallel, the Board of Directors has resolved to submit to the shareholders the transfer of the Company's listing
from the Euronext Paris regulated market to Euronext Growth. This strategic decision is intended to significantly
reduce the costs and regulatory burdens associated with the regulated market, enabling the Company to focus its
financial and administrative resources on rebuilding and developing its core business.
Finally, the Company expects to publish a dedicated press release shortly presenting its new strategic vision, setting
out the next steps in its recovery plan and its roadmap for long-term value creation.
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About MYHOTELMATCH
MYHOTELMATCH is listed on Euronext Paris - Compartment C
ISIN: FR001400IE67 - MHM - Bloomberg: MHM:FP
MYHOTELMATCH is eligible for the PEA-PME.
For more information, please visit myhotelmatch.com (Investor Relations section).
MYHOTELMATCH Contacts
contact@myhotelmatch.com
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[1] For example, if the Company issues instruments giving access to capital that have a subscription price per share
below the current ORA subscription price of 1 euro per share, then the redemption ratio of the ORA will be adjusted.
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Regulatory filing PDF file
File: Revised Press Release (EN) - MHM ORA
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Language: English
Company: MyHotelMatch
58 avenue d'Iéna
75116 Paris
France
E-mail: contact@myhotelmatch.co
Internet: www.myhotelmatch.com
ISIN: FR001400IE67
Euronext Ticker: MHM
AMF Category: Inside information / Other releases
EQS News ID: 2210882
End of Announcement EQS News Service
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2210882 09-Oct-2025 CET/CEST
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October 09, 2025 12:56 ET (16:56 GMT)
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