Volati announces that the condition for early redemption of outstanding bonds has been fulfilled
Volati AB (publ) announced on 29 April 2021 in a press release that it had sent a conditional notice of early redemption relating to its outstanding bonds 2017/2022 with ISIN SE0010547042 (the “Bonds”).
The early redemption was conditional upon the completion of the distribution of Volati's shares in Bokusgruppen (the so-called Lex Asea dividend) (the “Condition”). Volati hereby announces that the Condition today has been fulfilled and that the early redemption of the Bonds therefore is irrevocable and will be completed on the redemption date being 11 June 2021. The redemption price previously announced by Volati will be paid to each person who is registered as owner of Bonds as of the record date being 4 June 2021 in the debt register maintained by Euroclear Sweden.
This notice is for information purposes only and is not to be construed as an offer to purchase or sell or a solicitation of an offer to purchase or sell with respect to any securities of Volati.
For further information, please contact:
Andreas Stenbäck, CEO Volati AB, +46 70-889 09 60, andreas.stenback@volati.se
Volati AB (publ)
Engelbrektsplan 1, SE-114 34 Stockholm
Tel: +46 8 21 68 40
Email: info@volati.se
Corp.reg.no.: 556555-4317
The information was submitted for publication, through the agency of the contact persons set out above.
About Volati
Volati is a Swedish industrial group, founded in 2003, consisting of the business areas Salix Group and Industry. Volati mainly acquires companies with proven business models, leading market positions and strong cash flows at reasonable valuations and develops them with a focus on long-term value creation. The strategy is to build on the companies’ identity and entrepreneurial spirit, adding leadership, expertise, processes and financial resources. Volati has operations in 16 countries, approximately 1,500 employees and annual sales of just over SEK 5 billion. Volati’s ordinary shares and preference shares are listed on Nasdaq Stockholm. Further information is available at www.volati.se.