Booster Precision Components Holding GmbH Booster Precision has reached a principal agreement with the Ad hoc Group on a refinancing concept and will notify the local court of a restructuring plan in accordance with StaRUG today

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Booster Precision has reached a principal agreement with the Ad hoc Group on a refinancing concept and will notify the local court of a restructuring plan in accordance with StaRUG today

Schwanewede, 31 July 2026 – BOOSTER Precision Components Holding GmbH (“Company“) has today decided to notify the competent Local Court in Hanover – as restructuring court – of a restructuring plan in accordance with the German Act on the Stabilization and Restructuring Framework for Businesses (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen – “StaRUG“) (“Restructuring Plan“). In this context, the Ad hoc Group (as defined below) has also agreed to further extend the existing standstill and lock-up undertaking by one month until 31 August 2026.

The purpose of the Restructuring Plan will be to ensure the implementation of a refinancing concept, whereby the Company has reached an agreement in principle with bondholders representing more than 50 per cent of the adjusted nominal amount (“Ad hoc Group“) of its senior secured corporate bond maturing on 28 November 2026 (ISIN: NO0012713520) (“Existing Bond“) regarding the initiation of a StaRUG procedure and the restructuring of the Company’s capital structure, including the liabilities arising from the bond. The Restructuring Plan will provide for a partial waiver of the bondholders’ claims under the Existing Bond, including a substantial reduction of the principal amount. The details of the Restructuring Plan are still subject to further negotiations between the Company and the members of the Ad hoc Group.

In addition, members of the Ad hoc Group have expressed their willingness to provide an interim facility to support the Company’s liquidity needs (“Interim Financing“). The Company will shortly initiate a written procedure in accordance with the terms and conditions of the Existing Bond (“Terms and Conditions“) via the Nordic Trustee & Agency AB (publ) (“Agent“) to implement the Interim Financing by requesting the relevant formal consents of the bondholders of the Existing Bond with respect to, inter alia, (i) the waiver for the non-payment of the interest payment due on 28 May 2026, (ii) the postponement of the interest payment due on 28 August 2026, (iii) certain amendments of the Terms and Conditions and (iv) the authorization of the Agent to enter into the Finance Documents related to the Interim Financing.

After the confirmation of the Restructuring Plan, the Company will initiate a further written procedure in accordance with the Terms and Conditions via the Agent to implement certain aspects of the Restructuring Plan.

The Company’s customers, suppliers and employees will not be affected by the Restructuring Plan. The Company expects the Restructuring Plan to be successfully completed prior to the maturity of the Existing Bond.
 

Important information

This release is an ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 on market abuse.

It is neither a financial analysis nor advice or recommendation relating to financial instruments, nor does it contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in Australia, Canada, Japan, or the United States of America (“United States” or “U.S.”) or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“Securities Act“) and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.

Certain statements in this ad hoc notification are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place any undue reliance on forward-looking statements which speak only as of the date of this ad hoc notification.

Contact

BOOSTER Precision Components Holding GmbH
Industriepark Brundorf 4
28790 Schwanewede
T +49 4795-95610
mail@booster-precision.com

Media/Investor Relations

iron AG
Fabian Kirchmann | Karolin Bistrovic
booster-precision@ir-on.com