Cabonline Group receives waiver from bondholders for intra group share transfers
Cabonline Group Holding AB (publ) has a bond listed on Nasdaq Stockholm since August 2017. According to the terms and conditions of the bond, Cabonline Group hereby announces that holders of the bonds have agreed to the transfer of certain shares in group companies, in order to simplify the group structure by reducing the number of separate legal entities.
Some of the steps in the simplification process require the transfer of certain shares in group companies pledged in favour of the holders of the bonds issued by Cabonline Group Holding AB (publ) from one group company to another group company. At the request of Cabonline Group Holding AB (publ), Nordic Trustee & Agency AB (publ) has agreed to give certain waivers for the purpose of allowing such intra-group transfers.
For more information, see Notice to Bondholders from Nordic Trustee & Agency AB (publ),
or please contact Peter Viinapuu, CEO Cabonline Group, Tele. +46 704 205304 peter.viinapuu@cabonline.com
About Cabonline Group
Cabonline Group is a leading technology and service provider for the taxi industry in the Nordics. In Sweden, Finland and Norway, around 2 700 transporters are connected with approximately 6 000 vehicles under different brands, including TaxiKurir, Sverigetaxi (former Taxi 020), TOPCAB, Taxi Skåne, NorgesTaxi, Kovanen and FixuTaxi. Through Cabonline Group, the transporters get attractive customer agreements, industry-leading technology as well as access to large scale advantages and infrastructure. Cabonline Group has a turnover of approximately 5.7 billion SEK and performs over 50,000 journeys every day.
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