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    YA Holding AB (publ) obtains approval for delisting of the company's bond loan from Nasdaq Stockholm's corporate bond list

    YA Holding AB (publ) (the "Company") announced in a press release on 22 July 2024 that the Company is initiating a written procedure under its SEK 114,999,936 senior secured bond loan with ISIN SE0016831150 (the "Bonds") to, inter alia, obtain the bondholders' approval to delist the Bonds from Nasdaq Stockholm's corporate bond list (the "Written Procedure"). The Company subsequently announced in a press release on 8 August 2024 the successful completion of the Written Procedure.The Company hereby announces that the Bonds will be delisted and that the last day of trading of the Bonds is

    YA Holding AB (publ) – Approval of written procedure and amendments to the terms and conditions of the bonds

    YA Holding AB (publ) (the "Company") today announces the successful completion of the written procedure that was initiated on 22 July 2024 in relation to the Company's outstanding SEK 114,999,936 senior secured bond loan with ISIN SE0016831150 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal").A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour to approve the Proposal.The amendments will become effective as soon as possible by the

    YA Holding AB (publ) initiates a written procedure under its bond loan

    YA Holding AB (publ) initiates written proceedings in respect of its SEK 114,999,936 senior secured bond loan with ISIN SE0016831150 (the "Bonds") to obtain the bondholders' approval to delist the Bonds from Nasdaq Stockholm's corporate bond list and to reduce the company's disclosure obligations by amending the terms and conditions of the Bonds. The Company has today instructed Nordic Trustee & Agency AB (publ), as agent under the terms and conditions of the Bonds, (the "Agent") to send notice of the written procedure to directly registered owners and registered trustees of the Bonds in

    YA Holding AB (publ) announces revised estimates for the group’s financial performance for the full year 2024

    On 1 September 2023, the board of YA Holding AB (publ) (“YA Holding” or the “Company”) published estimates regarding the group’s financial performance for the full year 2024. YA Holding today announces revised estimates for 2024 following a more negatively than expected development of the subsidiary Arcus Utbildning & Jobbförmedling AB’s (“Arcus”) financial performance. During autumn of 2023, the market volumes for Arcus was negatively affected due to the switch to a new matching service, and during the fourth quarter of 2023, Arcus started to implement the new rehabilitation service Step

    YA Holding AB (publ) has held the annual general meeting and an extraordinary general meeting in connection with the completion of the refinancing arrangement

    YA Holding (publ) (”YA Holding”) announces today that the refinancing arrangement announced by YA Holding by way of a press release on 1 March 2024 and approved by the bondholders on 20 March 2024 has been completed. As part of the refinancing agreement and as previously announced, YA Holdings’ outstanding senior secured bonds with ISIN SE0016831150 will be written down to approximately SEK 115 million on 7 June 2024, with record date (Sw. avstämningsdag) 30 May 2024. In connection with the refinancing arrangement, YA Holding also held its annual general meeting. The annual general

    YA Holding AB (publ) publishes quarterly interim report Q1 2024

    YA Holding AB (publ) ("YA Holding" or the "Company") publishes quarterly interim report for the period 1 January 2024–31 March 2024. First quarter (January – March) 2024 · Net sales decreased by 21.2% and amounted to 191.3 MSEK (242.8). · EBIT amounted to -12.4 MSEK (-6.4). · EBIT excluding non-recurring items amounted to 3.1 MSEK (-6.4). · Total cash flow for the quarter was -14.6 MSEK (2.6). · The average number of participants and students was 10 053 (10 498). · The share of participants employed three months after completing employment training (AUB) or vocational

    Completion of the refinancing arrangement and write-down of YA Holding’s existing bonds

    As announced through a press release on 8 May 2024, YA Holding AB (publ)’s (”YA Holding”) subsidiary YrkesAkademin AB's restructuring plan gained legal force (Sw. vunnit laga kraft) on 7 May 2024. On 22 May 2024, Falu District Court announced their decision to formally terminate the company restructuring of YrkesAkademin AB and the refinancing agreement announced by YA Holding in a press release on 1 March 2024 and approved by the bondholders on 20 March 2024 can thus be implemented. The refinancing arrangement involves a restructuring of the capital structure and certain liabilities in

    The restructuring plan in YA Holding’s subsidiary YrkesAkademin AB gains legal force

    YA Holding AB (publ)’s (”YA Holding”) subsidiary YrkesAkademin AB’s restructuring plan that was approved by Falu District Court on 15 April 2024 has not been appealed. The restructuring plan has thus gained legal force (Sw. vunnit laga kraft). YrkesAkademin AB will therefore submit a request to the District Court to formally terminate the corporate restructuring, which the District Court is expected to decide on shortly thereafter. - “The restructuring plan gaining legal force is an important milestone that marks the end of the restructuring in YrkesAkademin AB. We are very grateful for

    Falu District Court approves YA Holding’s subsidiary YrkesAkademin AB’s restructuring plan

    Falu District Court has today, 15 April 2024, approved YrkesAkademin AB’s restructuring plan, an important step towards creating long-term sustainable financial conditions for the business. As announced in a press release on 4 March 2024, stakeholders in YA Holding AB's (publ) ("YA Holding") wholly owned subsidiary YrkesAkademin AB's ongoing company restructuring were summoned to a plan hearing (Sw. planförhandling) as part of YrkesAkademin AB's restructuring process. The plan hearing was held on 8 April 2024 in Falu District Court. YA Holding now announces that Falu District Court has

    YA Holding obtains the bondholders’ approval regarding proposed refinancing arrangement and for changes to the terms of its existing bond loan

    YA Holding AB (publ) (the “Company”) announces that the written procedure initiated on 1 March 2024 (the “Written Procedure”) regarding, inter alia, the restructuring of the capital structure and certain liabilities of the Company (the “Refinancing Arrangement”) and certain amendments to the terms and conditions (“T&C Amendments”) of the Company’s senior secured sustainability-linked corporate bonds with ISIN SE0016831150 (the “Bonds”), has been concluded. A sufficient number of votes have been obtained to achieve quorum and a sufficient majority of the participating bondholders have

    YA Holding’s subsidiary YrkesAkademin AB informs about a plan meeting at the Falu District Court

    As announced through a press release on 1 March 2024, YA Holding AB’s (publ) (“YA Holding”) wholly owned subsidiary YrkesAkademin AB submitted a proposed restructuring plan to the Falu District Court and requested a plan meeting (Swe. planförhandling) that same date in the ongoing corporate restructuring. YA Holding now announces that the Falu District Court today approved YrkesAkademin AB’s request for a plan meeting and that the district court has summoned relevant parties to a plan meeting as part of YrkesAkademin AB’s corporate restructuring process. The plan meeting will take place

    YA Holding enters into a refinancing arrangement including a write-down of its outstanding bond loan and initiates a written procedure and YrkesAkademin AB requests plan negotiation

    As announced through press releases on 4 September 2023 and 12 December 2023, YA Holding AB’s (publ) (“YA Holding” or the “Company”) subsidiary YrkesAkademin AB is under corporate restructuring (Sw. företagsrekonstruktion) (the “Corporate Restructuring”). YA Holding has today decided to approve an agreement with a committee of bondholders (the “Bondholders’ Committee”) under the Company’s outstanding senior secured bonds with ISIN SE0016831150 (the “Existing Bonds”) about, among other things, a refinancing arrangement entailing a restructuring of the capital structure and certain

    YA Holding AB (publ) publishes year-end report for the full year 2023

    YA Holding AB (publ) (“YA” or “YA Holding”) publishes a year-end statement for the period 1 January 2023 to 31 December 2023. Fourth quarter (October - December) 2023 · Net sales decreased by 25.9% to 182.5 mnkr (246.2). · EBIT for the quarter amounted to -35.8 mnkr (-89.8). · EBIT excluding non-recurring items amounted to -8.3 mnkr (-25.8). · Total cash flow for the quarter was 31.5 (-1.8). · The average number of participants and students was 9 045 (9 960). · The share of participants employed three months after completing employment training (AUB) or vocational

    Changes in YA Holding’s board composition

    At the extraordinary general meeting held today in YA Holding AB (publ), it has been resolved that Johan Pålsson will no longer be a member of the board of directors. Following the above resolution, the board of directors consists of Katarina Axelsson Lindgren (chair), Conny Karlsson and Daniel Nejman. The information was submitted, through the provision of the specified contact person, for publication on 2024-02-08 11:15 CET.

    YA Holding group has won tenders for professional bus and truck driver training

    Arbetsförmedlingen has announced decisions on the awarding of the tenders for professional bus and truck driver training. In accordance with the announcement, Arbetsförmedlingen intends to sign agreements with a subsidiary of YA Holding AB (publ) (“YA Holding”) concerning 8 of a total of 22 agreements in the tenders. The value of the contracts won, in terms of revenue, is estimated to approximately SEK 80–90 million annually for the group based on YA Holding’s estimation of participant levels. The tender signing restriction period runs until and including 29 January 2024 (bus) and 1

    The district court approves YA Holding’s subsidiary YrkesAkademin AB’s request for an extension of the restructuring

    As announced through a press release on 1 December 2023, YA Holding AB’s (publ) (“YA Holding”) wholly owned subsidiary YrkesAkademin AB submitted a request to the district court regarding an extension of the ongoing company restructuring that same date. YA Holding now announces that Falu District Court today approved YrkesAkademin AB’s request for an extension of the company reconstruction with an additional three (3) months up to and including 4 March 2024. For more information on the background to the company restructuring, press here 

    YA Holding’s subsidiary YrkesAkademin AB requests an extension of the corporate restructuring

    As previously announced, YA Holding AB’s (publ) (“YA Holding”) wholly-owned subsidiary YrkesAkademin AB commenced a corporate restructuring after an application for corporate restructuring was granted by the Falu district court on September 4, 2023. Today, YrkesAkademin AB has submitted a request to the district court regarding an extension of the corporate restructuring with an additional three (3) months up to and including 4 March 2024. The administrator supports the request for an extension. The information was submitted, through the provision of the specified contact person, for

    YA Holding announces that Lars Öberg has been appointed as new CFO of YA Holding effective as of 28 December 2023

    YA Holding AB (publ) (“YA Holding” or the “Company”) is pleased to announce that Lars Öberg has been appointed as new Chief Financial Officer (CFO) of YA Holding as of 28 December 2023, following Antti Rokala’s decision to resign from his employment to take on new challenges outside of the group. Lars Öberg, who is 52 years old, has a Degree of Master of Science in Business and Economics and extensive experience from senior positions, most recently he was the CFO of Thermion AB. Prior to Thermion AB, Lars was the finance manager at Arcus Utbildning & Jobbförmedling AB, a wholly-owned

    YA Holding publishes quarterly interim report Q3 2023.

    YA Holding AB (publ) ("YA" or the "Company") publishes quarterly interim report for the period 1 January 2023 to 30 September 2023. Third quarter (July - September) 2023 · Net sales decreased by 12,2% to 173.9 mnkr (198.1). · EBIT for the quarter amounted to -132.6 mnkr (-33.0). · EBIT excluding non-recurring items amounted to -16.6 mnkr (-33.0). · Total cash flow for the quarter was 6.7 (-48.0). · The average number of students and participants was 8 272 (9 104). · The share of participants employed three months after completing the employment training (AUB) or

    YA Holding obtains the bondholders’ approval for changes to the terms of its existing bond loan

    YA Holding AB (publ) (“YA” or the “Company”) announces that the written procedure initiated on 13 September 2023 (the “Written Procedure”) regarding certain changes in the terms of the Company’s senior secured sustainability-linked corporate bonds with ISIN SE0016831150 (the “Bonds”) today has ended. A sufficient number of votes have been obtained to achieve quorum and a sufficient majority of the participating bondholders have voted in favour of the Company’s request in accordance with the Written Procedure. The bondholders have thus approved the changes to the terms as set out in the

    YA Invest has resolved to issue an option concerning a transfer of all shares in YA Holding

    An extraordinary general meeting in YA Holding AB’s (publ) (”YA Holding”) parent company YA Invest AB (”YA Invest”), has today resolved to issue a call option regarding a potential transfer of all shares in YA Holding without compensation. The call option is intended to be issued to certain holders in YA Holding’s outstanding bonds with ISIN SE0016831150 (the ”Bond Loan”). The decision is a result of the discussions which lead to that certain holders of the Bond Loan provided commitments to provide funding for the company restructuring in YA Holding’s subsidiary YrkesAkademin AB. The option

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