Extraordinary general meeting September 2019

Resolutions at the extraordinary general meeting in Volati AB (publ)

Date: September 30 2019, 18.00

At the extraordinary general meeting in Volati AB (publ) today on 30 September 2019, it was resolved on approval of the so-called Leo-transactions, whereupon key employees of subsidiaries of Volati are given an opportunity to invest in shares in the subsidiaries. The transactions are part of Volati’s business model, which is to create a mutual interest with key employees within its business units by way of co-investments. In addition, the general meeting also resolved on redemption of 1,000,000 own ordinary shares held by the company.

Transfer of shares in subsidiaries to Volati AB to key employees of the Volati business areas

The extraordinary general meeting resolved to approve that Volati transfer up to 3.4 per cent of the shares in its subsidiary Volati Handel AB to key employees of the Volati Trading business area, up to 2 per cent of the shares in its wholly-owned subsidiary Volati Industri AB to Nicklas Margård who is the head of the Volati Industry business area and up to 4 per cent of the shares in its wholly-owned subsidiary Volati Agri Holding AB, to Tornum AB’s managing director Jerker Funnemark. The transactions are part of Volati’s business model, which is to create a mutual interest with key employees within its business units by way of co-investments. The purchase price will amount to SEK 15,800,208 for the shares in Volati Handel AB, SEK 5,960,000 for the shares in Volati Industri AB and SEK 1,600,000 for the shares in Volati Agri Holding AB.

Resolution on reduction of the share capital through redemption of own shares and increase of the share capital by way of a bonus issue

The extraordinary general meeting resolved to reduce the share capital with redemption of the 1,000,000 ordinary shares held by the company and which have been acquired in connection to the repurchase program approved by the annual general meeting 2018. The purpose of the reduction is transfer to non-restricted equity. The reduction of share capital is SEK 0.125 per redeemed share, corresponding to a total amount of SEK 125,000. In order to restore the share capital following the reduction of the share capital the extraordinary general meeting resolved on an increase of the share capital through a bonus issue whereby the share capital is to be increased with SEK 125,000. No new shares shall be issued in connection with the increase of the share capital. The amount by which the share capital is to be increased shall be transferred to the share capital from non-restricted equity.

Minutes from the meeting and complete resolutions

The minutes from the extraordinary general meeting, including the complete resolutions, will be made available at the company and on the company’s website, www.volati.se.

For further information, please contact:

Mårten Andersson, CEO of Volati AB (publ), +46 72 735 42 84, marten.andersson@volati.se

Volati AB (publ)

Engelbrektsplan 1, SE-114 34 Stockholm, Sweden

Tel: +46 8 21 68 40, email: info@volati.se

Company reg. no 556555-4317

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