If the resolution passes by the required majority, it is binding on all Noteholders — including those who voted against and those who did not vote — and applies to the full amount of Notes outstanding, not only the amount that voted in favour.
Mintos will carry out the exchange as a standard corporate action through the custodian, Signet Bank AS. Both legs settle automatically: your Notes transfer back to the issuer, and your bond entitlement is credited to your Mintos Account.
No signature, separate exchange agreement, or individual acceptance is required from any Noteholder.
Accrued interest
Accrued but unpaid interest on your Notes up to the settlement date is settled by the delivery of the bonds, which carry their own accrued interest at the same 13% rate. No separate cash interest payment will be made.