Ortivus AB (publ) strenghtens liquidity through syndicate loan

During 2008 Ortivus will continue the review of business strategy and group structure in order to secure long term profitability. As a part of this process and to strenghten the liquidity and thereby increasing the decision latitude, the Board of Directors has per April 15 decided to enter into a syndicate loan agreement with some of the company’s larger shareholders. Among these are the following lenders related to the company: Bonit Invest, controlled by Board Member Laurent Leksell, and Ponderus Invest AB, where the proposed new Board Member Peter Edwall is a partner and Managing Director. Laurent Leksell did not participate in the Board decision regarding the loan agreement. The agreement comprises a loan of 25 MSEK, secured through company assets, with general market conditions and a term of April 30, 2010.


For further information:
Per Bourn, CFO, Ortivus, tel. 08-446 45 02, 0733-33 99 90

Also visit www.ortivus.com