Exclusivity Agreement to be Signed with Goldman Sachs International
03 February 2015
Global Investment Holdings (GIH) has granted Goldman Sachs International a right to negotiate on an exclusive basis a structured equity and financing transaction, which is aimed at reducing the number of treasury shares held by GIH from 18% to 0. Goldman Sachs International is also considering arranging a $100m financing for GIH with a tenor of 5 years. There is no binding agreement with respect to the transactions beyond the exclusivity referred to in this
disclosure. The proposed transactions will be subject to customary conditions including satisfactory completion of legal due diligence, agreement on final documentation and receipt of all required internal and external approvals by GIH and Goldman Sachs International and will further be subject to no adverse changes in market conditions.
