Information from extraordinary general meeting in OmniCar Holding AB
OmniCar Holding AB (the “Company”) held its extraordinary general meeting (“EGM”) today, March 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 EGM and the complete proposals, which are available on the company’s website.
Resolution on amendment of the articles of association and reduction of the share capital for loss coverage
The EGM resolved, in accordance with the board of directors’ proposal, to amend the Company’s articles of association and to reduce the share capital to cover the Company’s losses. Through the resolution to amend the articles of association, the limits for the Company’s share capital have decreased from not less than SEK 15,000,000 and not more than SEK 60,000,000, to not less than SEK 500,000 and not more than SEK 2,000,000. Through the resolution, the limits on the number of shares in the Company have increased, from not less than 150,000,000 shares and not more than 600,000,000 shares, to not less than 250,000,000 shares and not more than 1,000,000,000 shares. The reduction of share capital shall be made without cancellation of shares. After the reduction, the Company’s share capital will amount to SEK 509,116.15 divided into a total of 254,558,075 shares, each share with a quota value of SEK 0.002.
Resolution on whether the Company should go into liquidation or continue to run the business
The EGM resolved, in accordance with the board of directors’ proposal, that the Company shall not go into liquidation and that the Company shall continue to run the business.
A resolution to continue to operate means that the general meeting shall be convened within eight months of this first control meeting in order to re-examine the question of whether the Company should go into liquidation (second control meeting). Prior to the second control meeting, the board of directors shall prepare a new balance sheet for liquidation purposes and have it reviewed by the Company’s auditor. If this balance sheet for liquidation purposes does not show that the equity has been restored and amounts to at least the registered share capital, the Company is obliged to go into liquidation.
Resolution on the number of board members, election of board member and resolution on remuneration to board member
The EGM resolved that the board of directors, for the period until the closing of the next annual general meeting, shall consist of five board members with no deputies. Furthermore, the EGM resolved to elect Gunnar Rantzow as new ordinary member of the board and that no fees shall be paid to Gunnar Rantzow.
For more detailed information, please see the complete notice to the EGM and the complete proposals at the Company’s website, www.omnicarinvestor.com.
For more information, please contact
Mikkel K. Christensen
Chief Executive Officer
OmniCar Holding AB
mkc@omnicarservice.dk (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.