First Camp contemplates issuance of additional bonds

First Camp Group AB has mandated Nordea and Pareto Securities to arrange a series of bond investor meetings starting today, December 6, in order to evaluate an additional tap issue of the bond issued in 2019 and that was increased by SEK 335 million in October 2021.

The preliminary amount of the tap issue is SEK 325 million. The amount will be used to finance the acquisition of Jesperhus Feriepark that was announced on December 1, 2021, the acquisition of a smaller campsite in Danmark as well as two other potential acquisitions where due diligence and negotiations are ongoing. The four targets had combined revenues of approx. SEK 175 million and generated a pro forma adjusted EBITDA of approx. SEK 60 million in the last 12 month-period ending September 2021, of which Jesperhus accounted for approx. 70%. The combined purchase price if all four acquisitions are completed is estimated at approx. SEK 395 million (Enterprise Value).

Digital investor meetings will be held at 3.00pm CET on December 6 and at 11.00 am CET on December 7. Links to the meetings will be published at https://corporate.firstcamp.se/en/for-investors

This information is information that First Camp Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 8.00am CET on December 6, 2021.

For further information, please contact:

Göran Meijer
CFO
goran.meijer@firstcamp.se
+46(0)70 - 718 05 75

Johan Söör
CEO
johan.soor@firstcamp.se