on MyHotelMatch (isin : FR001400IE67)
MyHotelMatch Announces Debt Restructuring and Euronext Growth Transfer
On October 9, 2025, MyHotelMatch announced an agreement to restructure €3.2 million of debt with principal creditors. An initial €720,310 in debts will convert into new redeemable bonds into shares (ORA), allowing holders to subscribe for new shares at €1 per share. The ORA, interest-free, are convertible at holders' discretion until October 2028. Any remaining ORA will convert automatically into shares upon maturity.
This arrangement, approved during the shareholders' meeting in June 2025, reduces existing debt without cash outflow, reflecting creditors' confidence. The conversion price set above market limits dilution for current shareholders. Remaining debt will also convert to ORA.
Simultaneously, the board proposes transferring from Euronext Paris to Euronext Growth to reduce costs and focus on core business recovery. MyHotelMatch is preparing a new strategic vision press release outlining its future steps and long-term value goals.
R. H.
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