Investegate |DTEK Finance Plc Announcements | DTEK Finance Plc: DEBV AGREES EXTENSION OF THE LOCK-UP AGREEMENT
· launched two inter-conditional schemes of arrangement under Part 26 of the Companies Act 2006 (the "Schemes") in order to implement the restructuring of substantially all of the Group's indebtedness (the "Restructuring") on the terms and conditions set forth in the restructuring term sheet (the "TermSheet") as contained within the Lock-up Agreement (as defined below) dated 26 March 2021; and · entered into a lock-up agreement with certain of its creditors under which, amongst other matters, such creditors have agreed to vote in favour o...