approved the transaction in principle. The approval of ERC is granted subject to a condition precedent that GLOW must sell Glow SPP 1 Co., Ltd. (SPP1) before or at the same time as the merger of the company
“VGM Share Acquisition Transaction”) and to propose the same at the extraordinary general meeting of shareholders for consideration and approval. The Company would like to disclose additional information
working days prior to the date on which the board of directors of the Company resolves to propose the agenda item to the Extraordinary General Meeting of Shareholders no. 2/2019 for an approval on the
Offering: RO) or other suitable type, together with the financing from money market and/or issuing additional debenture. This long-term plan would result in an appropriate capital structure and financial
high demand, GPSC was able to gain appropriate funding costs. The debentures are senior unsecured green bonds which were assigned a accredit rating of AA- by TRIS Rating Company Limited and comprise of