Axactor SE - The conversion of Axactor to an SE-company is finalized

Oslo, August 10, 2018 - The articles of association, adopted on the annual general meeting on May 4, 2018, regarding the re-registration of the Axactor AB (publ) to a SE-company (Societas Europaea) has today been duly registered with the Swedish Companies Registration Office. The registration of the articles of association was the final step towards the transformation of Axactor AB (publ) to an SE-company.

The new company name is: Axactor SE

The new company registration number is: 517100-0127

Due to the administrative procedures connected with change of company registration number, the new company registration number will not be displayed in all registers as of date of registration. The former company registration number will therefore still be showed in e.g. the share ledger at Euroclear, VPS and at Oslo Børs for approximately one month. In a separate announcement, Axactor SE will inform when the administrative procedures are completed.    

As previously informed (see announcement on March 23, 2018), Axactor SE intends to initiate a process to relocate its registered office from Sweden to Norway in order to reduce the burden of administrative expenses and achieve a more efficient group structure. More information on the relocation will follow shortly.

For further information, please contact:
Endre Rangnes, Chief Executive Officer, Axactor AB
Mobile phone: +47 482 21 111
Email: endre.rangnes@axactor.com
Johnny Tsolis, Chief Financial Officer, Axactor AB
Mobile phone: +47 913 35 461
Email: johnny.tsolis@axactor.com

About Axactor
Axactor Group specializes in both Debt Collection and Debt Purchasing across several countries, with operations in Italy, Germany, Norway, Sweden and Spain. The company has a Nordic base and an ambitious Pan-European growth strategy, which targets the market for non-performing loans (NPL) in Europe. This market is estimated to be about 1,500 billion euros across Europe providing significant opportunities for Axactor's future expansion. Axactor has approximately 900 employees.

www.axactor.com

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