Information from extraordinary general meeting 2024 in OmniCar Holding AB
OmniCar Holding AB (“OmniCar” or the “Company”) held an extraordinary general meeting today, June 28, 2024. The main resolutions passed at the meeting were as follows. More detailed information about the contents of the resolutions may be obtained from the complete notice of the extraordinary general meeting and the complete proposals, which are available on the Company’s website.
Resolution on approval of related party transaction
The general meeting resolved, in accordance with the board’s proposal, on approval of the transfer of the OmniCar group’s business to Omni ApS through an asset transfer for SEK 100,000. Omni ApS as a part of the asset transfer also resumes debts of the Company exceeding SEK 17,000,000 as well as undertaking to cover certain costs relating to the liquidation of the Company. The board of OmniCar considered that the only alternative to the business transfer, was to file for bankruptcy.
Since Omni ApS is wholly owned by the CEO of OmniCar, Mikkel K. Christensen, the general meeting’s resolution was made in accordance with the provisions set out in AMN 2019:25, meaning inter alia that shares held by Mikkel K. Christensen was not considered in the vote.
Resolution on liquidation
The general meeting resolved, in accordance with the board’s proposal, that OmniCar Holding AB should enter into voluntary liquidation in accordance with Chapter 25, Section 3 of the Swedish Companies Act (2005:551). After the sale of the business of the OmniCar group (see the resolution above), no business will remain in OmniCar Holding AB and the board has made the assessment that there is no other alternative than for the company to enter into liquidation.
Peter Kullgren, Advokatfirman Lindahl KB, is proposed to be appointed as liquidator for the company. The resolution on liquidation enters into force when the Swedish Companies Registration Office appoints a liquidator. The board of directors' preliminary assessment is, based on currently known conditions, that it will not be possible to distribute any funds to the shareholders after liquidation costs have been paid. Any distribution, should funds be available, is expected to take place in connection with the expiry of the time for summoning unknown creditors or at the latest in connection with the presentation of the liquidator's final accounts.
For more information, please contact
Mikkel K. Christensen
Chief Executive Officer
OmniCar Holding AB
mkc@omnicarservice.dk
About OmniCar Holding AB
OmniCar Holding AB (OmniCar) is a Danish purpose-driven impact company active in the automotive industry. OmniCar provides a convenient, affordable, and more transparent way of getting your car serviced and repaired by offering the service though our mobile workshops at a time- and place, which suits you the best.
OmniCar is a data driven technology company facilitating an end-to-end platform, which offers customers a unique way of ordering their next service as well as managing our fleet of mobile workshops including mechanics. We have established a position as the largest mobile workshop operator within the Nordics and with outstanding customer ratings of 4,9 of 5. With thousands of positive customer visits already completed, OmniCar aims to grow its business and fulfill its vision of becoming a convenient car partner for customers throughout Europe.