Bulletin from Scandic’s extraordinary general meeting
The extraordinary general meeting of Scandic was held on Wednesday April 21, 2021. In order to mitigate the spread of Covid-19, the extraordinary general meeting was conducted by advance voting only, without physical presence of shareholders, proxies and third parties.
The extraordinary general meeting resolved to approve the board of directors’ resolution on March 26, 2021, that the loan raised by Scandic at par value of not more than SEK 1,800,000,000 in total shall be convertible into shares in Scandic by way of an issue of convertible bonds.
More information about the resolution is available in the notice and the board of directors’ complete proposal which are available on the company’s website, www.scandichotelsgroup.com.
For more information, please contact:
Henrik Vikström, Director Investor Relations, Scandic Hotels Group
Email: henrik.vikstrom@scandichotels.com
Phone: +46 709 528 006
The information was submitted for publication, through the agency of the contact person set out above, at 11:50 CEST on 21 April 2021.
About Scandic Hotels Group
Scandic is the largest hotel company in the Nordic countries with more than 280 hotels, in operation and under development, in more than 130 destinations. The company is the leader when it comes to integrating sustainability in all operations and its award-winning Design for All concept ensures that Scandic hotels are accessible to everyone. Well loved by guests and employees, the Scandic Friends loyalty program is the largest in the Nordic hotel industry and the company is one of the most attractive employers in the region. Scandic Hotels is listed on Nasdaq Stockholm.
www.scandichotelsgroup.com
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