Cabonline will release a Business Update

Cabonline Group Holding AB (publ) (the "Company") will release a business update currently scheduled at 08:00 CET on 24 September 2021.

As communicated in the interim report April-June 2021, the Company's principal owner H.I.G, the Board of Directors and the management have initiated a strategic review of the Company's future, financing and development and has also engaged external advisors to support in this process.

The initiated strategic review is progressing according to plan. In light of this, the Company will publish a business update to the market.

The press release is scheduled at 08:00 CET on 24 September 2021 and will be available on the Company's website cabonlinegroup.com/en

For further information, please contact:
Dag Kibsgaard-Petersen, CEO, tel. + 47 400 11 981, dag.kibsgaard-petersen@cabonline.com
Petter Lindkvist, CFO, tel. +46 70 831 25 50, petter.lindkvist@cabonline.com

About Cabonline Group

Cabonline is the leading taxi company in the Nordic region with 2,500 connected transporters and approximately 4,300 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as Flygtaxi, TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, transporters have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and shared infrastructure. The Group revenue in 2020 was approximately 4.2 billion. For further information: cabonlinegroup.com/en