The conditions for the amendments to Cabonline’s notes to come into effect have been satisfied

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. PERSONS OR IN OR INTO ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL.

Nordic Trustee & Agency AB (publ) (the "Agent") has on 28 July 2020 confirmed that the conditions for the amendments to Cabonline Group Holding AB's (publ) (the "Company") senior secured floating rate notes with ISIN SE0013409398 (the "Notes") pursuant to the written procedure initiated on 3 July 2020 have been satisfied.

On 22 July 2020, the Company announced that the amendments to the terms and conditions of the Notes had been approved by the noteholders pursuant to the written procedure initiated on 3 July 2020, and that such amendments are conditional upon satisfaction of the Conditions (as defined in the written procedure).

On 28 July 2020, the Agent confirmed that such Conditions have been satisfied and consequently that the amended and restated terms and conditions for the Notes are effective.

The amended and restated terms and conditions for the Notes will be available at the Company’s website (www.cabonlinegroup.com).

For further information, please contact:
Peter Viinapuu, CEO, tel. +46 76 641 10 06, peter.viinapuu@cabonbline.com
Anneli Lindblom, CFO, tel. +46 76 593 84 00, anneli.lindblom@cabonline.com

About Cabonline:
Cabonline is the leading taxi company in the Nordic region with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.5 billion and performs about 45,000 journeys per day. For further information: www.cabonlinegroup.com.

About Us

Cabonline is the leading taxi company in the Nordic region with 3,000 connected taxi firms and approximately 5,700 vehicles in Sweden, Norway, Finland and Denmark. Cabonline contains a series of well-known brands, such as TaxiKurir, Norgestaxi, TOPCAB, Kovanen, Taxi Skåne, Taxi Väst, Umeå Taxi, Sverigetaxi and Taxi 4x27. Through Cabonline, taxi firms have access to attractive customer agreements, support from industry-leading technological development and utilization of economies of scale, efficient service and a shared infrastructure. The Group has revenue of approximately SEK 6.5 billion and performs about 45,000 journeys per day. For further information: www.cabonlinegroup.com.

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