AS Grenardi Group announces the change of coupon rate of the floating-rate bond effective from 31 October 2024.

The new and previous coupon rate for bonds with 3 months interest rate fixing listed on Nasdaq First North is as follows:

• NEW: GIVENFLOT25FA, maturity in 31 July 2025, coupon rate for period from 31 October 2024 until 30 January 2025 (including) is 9.059%.

• PREVIOUS: GIVENFLOT25FA, maturity in 31 July 2025, coupon rate for period from 31 July 2024 until 30 October 2024 (including) is 9.686%.​

About Grenardi Group AS

AS Grenardi Group is the parent company of GIVEN and GRENARDI in the Baltics. As of September 30, 2024, AS Grenardi Group operates a total of 81 stores – of which 74 GIVEN chain stores and 7 GRENARDI chain stores. Additionally, the Group has five online stores: www.given.lv, www.given.ee, www.given.lt, www.grenardi.lv and www.grenardi.ee.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery – through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections.

         Dāvis Cēderštrēms
         Deputy CFO
         info@grenardi.group
         Tel: +371 67 796 000