Bulletin from the extraordinary general meeting in Avida Finans AB (publ)
The extraordinary general meeting in Avida Finans AB (publ) (”Avida” or the ”Company”) that was held today on the 20th of April 2023 resolved to approve the board of directors' resolution on a rights issue of no more than SEK 201,646,740 with preferential rights for existing shareholders (the ”Rights issue”).
The Rights issue amount to no more than 10,082,337 shares, with a subscription price of SEK 20.00 per share. Subscription for new shares with subscription rights will take place through payment for the newly-issued shares during the period 26th of April – 10th of May 2023.
Eckern Finans Holding AB, FSK Eckern Finans Holding AB and Midelfart Capital AS, holding shares corresponding to approximately 70.73% of all outstanding shares in the Company, have undertaken to subscribe for their respective pro rata portion of the Rights issue. Additionally, Andenes Investments S.L., holding shares corresponding to approximately 16.54% of all outstanding shares in the Company, have undertaken to subscribe for shares in the Rights issue in an amount of at least SEK 20,000,000.
Additional information on the Rights issue, including instructions for the shareholders' participation in the Rights issue, will be made available on the Company's website
The information was submitted for publication, through the agency of the contact person, on the 20th of April 2023 at 12:00 CET.
For further information please contact:
Pehr Olofsson, CFO, Telephone: + 46 72-402 44 94, Mail: pehr.olofsson@avida.se
Michael Grosche, Head of communications and Investor relations, Telephone: +46 70-307 29 36, Mail: michael.grosche@avida.se
About Avida
Avida is a credit market company that since the start in 1983 has focused on offering loans to individuals and corporates. We are currently about 140 employees, with headquarters in Stockholm and offices in Oslo and Helsinki. At Avida we are not like everybody else in this business, we will always go that extra mile to help our customers turn their plans into reality and we promise that we always give our customer the proper attention and the chance to get the financing they need.
Avida is under the supervision of the Swedish Financial Supervisory Authority and like all Swedish banks and credit market companies, we are covered by the state deposit insurance.