ADDvise Group decides to end the arranged fixed income investor calls - Regulatory information

In the press release dated 18 November 2020 ADDvise Group AB announced that the company had mandated Pareto Securities AB to arrange fixed income investor calls regarding a senior secured bond issue.

Based on the continuing strong results and increasingly positive cash flow in the group, and that the contemplated bond issue would result in unfavorable terms and conditions for the company, ADDvise Group AB has decided to end the arranged fixed income investor calls. However, the company will continue to evaluate the potential for a future secured bond issue under the condition that it can be carried out on beneficial terms.

The strong cash flow gives ADDvise Group AB the opportunity to acquire MRC Systems without any additional loans.

For further information, please contact:

Rikard Akhtarzand, CEO
+46 765-25 90 71
rikard.akhtarzand@addvisegroup.se

Important information:

This information is by ADDvise Group AB required to disclose under the EU Market Abuse Regulation. The information was submitted for publication on 16 December 2020 at 14:45 CET.
 

About ADDvise Group

ADDvise Group AB (publ) is a leading supplier of equipment to healthcare and research facilities. The group consists of approximately 10 subsidiaries organized into two business areas, Lab and Healthcare. Sales are global. The Group has a clear acquisition strategy with the aim of raising shareholder value and expand the business – both geographically and product wise. ADDvise Group’s shares are listed on Nasdaq First North Growth Market and Mangold Fondkommission AB, +46 8 503 015 50, CA@mangold.se, is the Company's Certified Adviser. Additional information is available at www.addvisegroup.com.