Transfer of ownership in First Camp Group and change in the Board of Directors

First Camp Group AB’s (”First Camp Group” or the ”Company”) ultimate main shareholder Norvestor VII L.P., which is managed by Norvestor Investment Management S.a.r.l. (“Norvestor”) has sold its ownership in First Camp Group and certain other portfolio companies to Norvestor SPV II SCSp.

Norvestor SPV II SCSp is a continuation fund, managed and advised by Norvestor. Thus, the sale does not constitute a change of ownership (change of control) pursuant to the terms and conditions for the Company’s outstanding bond loan.

In connection with the transaction, Tom Sibirzeff has chosen to leave the Board of Directors of First Camp Group, but will remain as one (indirect) shareholders of the Company.

”I want to thank Tom for a very good cooperation during this period of just over five years. As founder and previous CEO of Nordic Camping & Resort, we have developed Tom’s idea and platform together into the First Camp and United Camping group, which today is a leading European camping group with 61 destinations and over SEK 1 billion in yearly revenues. There is still great potential for further development, and we are glad that Tom wants to remain as indirect investor in the Company”. says Karl Svozilik, Chairman of the Board of Directors of First Camp Group and United Camping Holding AB.

For further information, please contact:

Göran Meijer
CFO 
goran.meijer@firstcamp.se
+46 (0)707 18 05 75

Johan Söör
CEO
johan.soor@firstcamp.se